Red Rock Resorts (RRR) Operating Expenses (2015 - 2026)
Red Rock Resorts (RRR) posted quarterly Operating Expenses of $363.6 million for Q1 2026, up 5.86% year-over-year from $343.5 million in Q1 2025, and down 1.24% quarter-over-quarter from $368.2 million in Q4 2025.
Red Rock Resorts (RRR) Operating Expenses (2015 - 2026) Analysis & Trends
Red Rock Resorts (RRR) has reported Operating Expenses for 12 consecutive years, with $363.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 5.86% year-over-year to $363.6 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 3.89% YoY), while the FY2025 annual figure was $1.4 billion, up 3.19% from the prior year.
- Operating Expenses slipped to $363.6 million in Q1 2026 per RRR's latest filing, from $368.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $368.2 million in Q4 2025 and bottomed at $203.9 million in Q4 2022.
- Historically, Operating Expenses has averaged $318.6 million across 5 years, with a median of $337.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 36.09% — and 2023, when it jumped 42.59%.
- Red Rock Resorts' Operating Expenses stood at $203.9 million in 2022, then surged by 42.59% to $290.8 million in 2023, then grew by 21.55% to $353.4 million in 2024, then increased by 4.19% to $368.2 million in 2025, then retreated by 1.24% to $363.6 million in 2026.
- Business Quant data shows RRR's Operating Expenses at $363.6 million in Q1 2026, $368.2 million in Q4 2025, and $344.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 2.54 Bn |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 3.97 Bn |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 1.56 Bn |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 833.69 Mn |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 2.48 Bn |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 1.16 Bn |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 1.27 Bn |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 374.27 Mn |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 1.73 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 374.27 Mn |
| Mar 31, 2026 | 363.64 Mn |
| Dec 31, 2025 | 368.22 Mn |
| Sep 30, 2025 | 344.09 Mn |
| Jun 30, 2025 | 358.25 Mn |
| Mar 31, 2025 | 343.51 Mn |
| Dec 31, 2024 | 353.41 Mn |
| Sep 30, 2024 | 337.37 Mn |
| Jun 30, 2024 | 346.17 Mn |
| Mar 31, 2024 | 333.37 Mn |
| Dec 31, 2023 | 290.75 Mn |
| Sep 30, 2023 | 289.07 Mn |
| Jun 30, 2023 | 289.22 Mn |
| Mar 31, 2023 | 296.36 Mn |
| Dec 31, 2022 | 203.91 Mn |
| Sep 30, 2022 | 273.74 Mn |
| Jun 30, 2022 | 354.00 Mn |
| Mar 31, 2022 | 270.84 Mn |
| Dec 31, 2021 | 261.07 Mn |
| Sep 30, 2021 | 271.87 Mn |