Wynn Resorts (WYNN) Cost of Revenue (2016 - 2026)

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Wynn Resorts filings provide 17 years of Cost of Revenue readings, the most recent being $1.3 billion for Q4 2025.

• On a quarterly basis, Cost of Revenue rose 312.28% to $1.3 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.4 billion, a 642.94% increase, with the full-year FY2025 number at $1.6 billion, up 198.79% from a year prior.
• Cost of Revenue hit $1.3 billion in Q4 2025 for Wynn Resorts, up from $705.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.3 billion in Q4 2025 to a low of -$607.4 million in Q4 2024.
• Median Cost of Revenue over the past 5 years was $119.4 million (2024), compared with a mean of $265.5 million.
• Biggest five-year swings in Cost of Revenue: plummeted 412.74% in 2024 and later soared 57674.04% in 2025.
• Wynn Resorts' Cost of Revenue stood at $1.3 billion in 2021, then crashed by 31.4% to $862.9 million in 2022, then crashed by 113.73% to -$118.5 million in 2023, then plummeted by 412.74% to -$607.4 million in 2024, then skyrocketed by 312.28% to $1.3 billion in 2025.
• The last three reported values for Cost of Revenue were $1.3 billion (Q4 2025), $705.4 million (Q3 2025), and $224.4 million (Q2 2025) per Business Quant data.

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