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| Date | Value |
|---|---|
| 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% |