Red Rock Resorts (RRR) Operating Expenses (2015 - 2026)
Red Rock Resorts' (RRR) quarterly Operating Expenses came in at $363.6 million in Q1 2026, up 5.86% year-on-year from $343.5 million in Q1 2025, and down 1.24% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 5.86% year-over-year to $363.6 million in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 3.89% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 3.19% from the prior year.
- Operating Expenses for Q1 2026 stood at $363.6 million, down from $368.2 million in the prior quarter.
- Over the last five years, Operating Expenses for RRR reached as high as $368.2 million in Q4 2025 and fell as low as $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.
- Across the five-year window, Operating Expenses tumbled 36.09% in 2022 and surged 42.59% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $203.9 million in 2022, then jumped by 42.59% to $290.8 million in 2023, then rose by 21.55% to $353.4 million in 2024, then gained by 4.19% to $368.2 million in 2025, then slipped by 1.24% to $363.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 30.75 Bn | 27.42 Bn | 3.49 Bn | 2.68 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 4.16 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 1.57 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 833.36 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | -1.19 Bn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 2.37 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 1.14 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 363.64 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | -148.69 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 |