Red Rock Resorts (RRR) Operating Expenses (2015 - 2026)
Red Rock Resorts (RRR) reported 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 12 years of Operating Expenses data on file, last reported at $363.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $363.6 million, up 5.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 3.89% YoY), and the FY2025 annual result was $1.4 billion, up 3.19% from the prior year.
- Operating Expenses declined to $363.6 million in Q1 2026 per RRR's latest filing, from $368.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $368.2 million in Q4 2025 and troughed at $203.9 million in Q4 2022.
- A 5-year average of $318.6 million and a median of $337.4 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 36.09% in 2022, then jumped 42.59% in 2023.
- A 5-year view of Operating Expenses shows it stood at $203.9 million in 2022, then jumped by 42.59% to $290.8 million in 2023, then climbed by 21.55% to $353.4 million in 2024, then grew by 4.19% to $368.2 million in 2025, then fell 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 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 1.57 Bn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 833.36 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -1.09 Bn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 2.37 Bn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 1.14 Bn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 363.64 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 1.17 Bn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 1.68 Bn |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | 101.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 259.64 Mn |