Red Rock Resorts (RRR) Gross Margin (2015 - 2026)

Red Rock Resorts' (RRR) quarterly Gross Margin came in at 85.38% in Q1 2026, down 1317.0% year-on-year from 7.02% in Q1 2025, and down 7.4% on a QoQ basis from 92.2% in Q4 2025.

Red Rock Resorts (RRR) Gross Margin (2015 - 2026) Analysis & Trends

Red Rock Resorts (RRR) has 12 years of Gross Margin data on file, last reported at 85.38% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 1317.0% year-over-year to 85.38% in Q1 2026; TTM through Mar 2026 was 86.99%, a 360.0% decrease from a year earlier, with the FY2025 full-year figure at 96.83%, up 12.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 85.38%, down from 92.2% in the prior quarter.
  • Over the last five years, Gross Margin for RRR reached as high as 98.55% in Q1 2025 and fell as low as 73.4% in Q4 2022.
  • Historically, Gross Margin has averaged 88.41% across 5 years, with a median of 85.38% in 2026.
  • Across the five-year window, Gross Margin tumbled 2484 bps in 2022 and soared 2343 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 73.4% in 2022, then jumped by 32 bps to 96.84% in 2023, then declined by 0 bps to 96.71% in 2024, then fell by 5 bps to 92.2% in 2025, then decreased by 7 bps to 85.38% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 85.38% in Q1 2026, 92.2% in Q4 2025, and 84.65% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 97.43%
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 97.02%
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 94.08%
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 98.68%
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 96.69%
7 Vail Resorts 5.23 Bn 5.21 Bn - -
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 95.41%
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 85.38%
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn 87.92%

Historic Data

Download Data
DateValue
Mar 31, 2026 85.38%
Dec 31, 2025 92.20%
Sep 30, 2025 84.65%
Jun 30, 2025 85.58%
Mar 31, 2025 98.55%
Dec 31, 2024 96.71%
Sep 30, 2024 84.64%
Jun 30, 2024 81.94%
Mar 31, 2024 82.62%
Dec 31, 2023 96.84%
Sep 30, 2023 82.81%
Jun 30, 2023 96.76%
Mar 31, 2023 96.86%
Dec 31, 2022 73.40%
Sep 30, 2022 83.18%
Jun 30, 2022 97.92%
Mar 31, 2022 82.85%
Dec 31, 2021 98.24%
Sep 30, 2021 82.89%
Jun 30, 2021 88.58%