Wynn Resorts (WYNN) Gross Margin (2018 - 2026)
Wynn Resorts (WYNN) posted Gross Margin of 40.87% for Q2 2026, down 0.92 percentage points from 41.79% a year earlier but up 0.71 percentage points from the prior quarter.
Powered by 
Analysis
Wynn Resorts (WYNN) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Wynn Resorts was 31.04%, down 1.10 percentage points year-over-year; for FY2025, it was 41.43%, down 2.09 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +24.60 percentage points (FY2020 to FY2025).
- In prior years, Wynn Resorts' Gross Margin was 43.51% in FY2024 (+0.29 pp), 43.22% in FY2023 (-23.08 pp), 66.31% in FY2022 (+34.29 pp) and 32.02% in FY2021 (+15.19 pp).
- Quarterly Gross Margin has run from a low of -17.77% in Q4 2025 to a high of 148.57% in Q4 2022 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last seven quarters, with an average year-over-year change of -11.32 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2022, with a gain of 116.49 percentage points; the weakest was Q4 2023, with a drop of 104.16 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 40.16% (Q1 2026), -17.77% (Q4 2025) and 61.53% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 46.92% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 38.21% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 39.60% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 42.77% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 47.61% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 40.87% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 44.47% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 50.08% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 42.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.87% |
| Mar 31, 2026 | 40.16% |
| Dec 31, 2025 | -17.77% |
| Sep 30, 2025 | 61.53% |
| Jun 30, 2025 | 41.79% |
| Mar 31, 2025 | 42.26% |
| Dec 31, 2024 | -15.24% |
| Sep 30, 2024 | 63.54% |
| Jun 30, 2024 | 64.54% |
| Mar 31, 2024 | 63.74% |
| Dec 31, 2023 | 44.41% |
| Sep 30, 2023 | 42.65% |
| Jun 30, 2023 | 43.14% |
| Mar 31, 2023 | 42.46% |
| Dec 31, 2022 | 148.57% |
| Sep 30, 2022 | 36.39% |
| Jun 30, 2022 | 37.33% |
| Mar 31, 2022 | 35.14% |
| Dec 31, 2021 | 32.08% |
| Sep 30, 2021 | 30.87% |
API Access
Wynn Resorts Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WYNN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WYNN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WYNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();