Wynn Resorts (WYNN) Operating Expenses (2016 - 2026)

Wynn Resorts filings provide 17 years of Operating Expenses readings, the most recent being $1.6 billion for Q4 2025.

On a quarterly basis, Operating Expenses rose 8.11% to $1.6 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $6.0 billion, a 0.41% change, with the full-year FY2025 number at $6.0 billion, changed 0.41% from a year prior.
Operating Expenses hit $1.6 billion in Q4 2025 for Wynn Resorts, up from $1.5 billion in the prior quarter.
In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q3 2023 to a low of $905.7 million in Q4 2022.
Median Operating Expenses over the past 5 years was $1.4 billion (2023), compared with a mean of $1.3 billion.
Biggest five-year swings in Operating Expenses: dropped 24.04% in 2021 and later skyrocketed 70.71% in 2023.
Wynn Resorts' Operating Expenses stood at $1.1 billion in 2021, then dropped by 21.09% to $905.7 million in 2022, then surged by 63.71% to $1.5 billion in 2023, then decreased by 0.73% to $1.5 billion in 2024, then grew by 8.11% to $1.6 billion in 2025.
The last three reported values for Operating Expenses were $1.6 billion (Q4 2025), $1.5 billion (Q3 2025), and $1.5 billion (Q2 2025) per Business Quant data.

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