Wynn Resorts (WYNN) Cost of Revenue (2009 - 2026)

Wynn Resorts (WYNN) posted Cost of Revenue of $109.9 million for Q1 2026, little changed on a QoQ basis from $109.8 million in Q4 2025, and down 20.21% year-over-year from $137.8 million in Q1 2025.

Wynn Resorts (WYNN) Cost of Revenue (2009 - 2026) Analysis & Trends

Wynn Resorts' Cost of Revenue history runs 18 years deep, the most recent figure standing at $109.9 million for Q1 2026.

  • Quarterly Cost of Revenue fell 20.21% year-over-year to $109.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 91.4% YoY) and the FY2025 annual result came in at $413.9 million, down 22.39% from the prior year.
  • Cost of Revenue was $109.9 million for Q1 2026 at Wynn Resorts, roughly flat from $109.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $577.7 million in Q3 2023 and bottomed at -$227.2 million in Q4 2023.
  • A 5-year average of $182.1 million and a median of $109.9 million in 2026 frame the typical range for Cost of Revenue.
  • Peak annual rise in Cost of Revenue reached 753.51% in 2023, while the deepest fall reached 375.09% in 2023.
  • Wynn Resorts' Cost of Revenue stood at $82.6 million in 2022, then plunged by 375.09% to -$227.2 million in 2023, then jumped by 199.45% to $225.9 million in 2024, then sank by 51.4% to $109.8 million in 2025, then grew by 0.09% to $109.9 million in 2026.
  • Business Quant data shows WYNN's Cost of Revenue at $109.9 million in Q1 2026, $109.8 million in Q4 2025, and $398.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 92.00 Mn
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 132.64 Mn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 109.91 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 13.21 Mn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 95.00 Mn
7 Vail Resorts 5.23 Bn 5.21 Bn - -
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 59.00 Mn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 74.19 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn 21.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 109.91 Mn
Mar 31, 2026 109.91 Mn
Dec 31, 2025 109.81 Mn
Dec 31, 2025 109.81 Mn
Sep 30, 2025 398.72 Mn
Sep 30, 2025 398.72 Mn
Jun 30, 2025 385.58 Mn
Jun 30, 2025 385.58 Mn
Mar 31, 2025 137.75 Mn
Mar 31, 2025 137.75 Mn
Dec 31, 2024 225.94 Mn
Dec 31, 2024 225.94 Mn
Sep 30, 2024 56.18 Mn
Sep 30, 2024 56.18 Mn
Jun 30, 2024 104.70 Mn
Jun 30, 2024 104.70 Mn
Mar 31, 2024 205.82 Mn
Mar 31, 2024 205.82 Mn
Dec 31, 2023 -227.20 Mn
Dec 31, 2023 -227.20 Mn