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
DateValue
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