Wynn Resorts (WYNN) Gross Margin (2009 - 2026)
Wynn Resorts' (WYNN) quarterly Gross Margin came in at 61.15% in Q2 2026, down 184.0% on a YoY basis from 72.8% in Q2 2025, and up 1.01% quarter-over-quarter from 60.54% in Q1 2026.
Analysis
Wynn Resorts (WYNN) Gross Margin (2009 - 2026) Analysis & Trends
Wynn Resorts (WYNN) has reported Gross Margin for 18 consecutive years, with 61.15% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 184.0% year-over-year to 61.15%; the trailing twelve-month figure through Jun 2026 stood at 60.99% (down 207.0% YoY), and the FY2025 full-year result was 61.95%, down 176.0% from the prior year.
- Gross Margin improved to 61.15% in Q2 2026 per WYNN's latest filing, from 60.54% in the prior quarter.
- Across five years, Gross Margin topped out at 73.15% in Q2 2022 and bottomed at 54.45% in Q4 2022.
- Historically, Gross Margin has averaged 64.12% across 5 years, with a median of 63.64% in 2024.
- The widest YoY moves for Gross Margin: up 1378 bps in 2022, down 1243 bps in 2022.
- Over 5 years, Gross Margin stood at 54.45% in 2022, then gained by 19 bps to 65.01% in 2023, then fell by 3 bps to 63.04% in 2024, then decreased by 4 bps to 60.73% in 2025, then climbed by 1 bps to 61.15% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 61.15%, 60.54%, and 60.73% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.06 Bn | 24.68 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 10.39 Bn | 7.84 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 9.14 Bn | 7.57 Bn | 1.14 Bn | 61.15% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 68.09% |
| 5 | Churchill Downs | 5.76 Bn | 5.56 Bn | 712.00 Mn | 72.65% |
| 6 | Boyd Gaming | 5.64 Bn | 5.32 Bn | 766.76 Mn | 74.13% |
| 7 | Red Rock Resorts | 3.15 Bn | 2.55 Bn | 420.02 Mn | 82.32% |
| 8 | PENN Entertainment | 2.25 Bn | 1.37 Bn | 1.02 Bn | 55.14% |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 27.09% |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.41 Bn | 1.05 Bn | 97.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.15% |
| Mar 31, 2026 | 60.54% |
| Dec 31, 2025 | 60.73% |
| Sep 30, 2025 | 61.53% |
| Jun 30, 2025 | 62.99% |
| Mar 31, 2025 | 62.67% |
| Dec 31, 2024 | 63.04% |
| Sep 30, 2024 | 63.54% |
| Jun 30, 2024 | 64.54% |
| Mar 31, 2024 | 63.74% |
| Dec 31, 2023 | 65.01% |
| Sep 30, 2023 | 65.45% |
| Jun 30, 2023 | 65.93% |
| Mar 31, 2023 | 66.75% |
| Dec 31, 2022 | 54.45% |
| Sep 30, 2022 | 73.04% |
| Jun 30, 2022 | 73.15% |
| Mar 31, 2022 | 66.01% |
| Dec 31, 2021 | 66.88% |
| Sep 30, 2021 | 68.30% |