Wynn Resorts WYNN
NASDAQ WYNN
$88.42 -1.81 (-2.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

Wynn Resorts (WYNN) Operating Expenses (2009 - 2026)

Wynn Resorts' (WYNN) quarterly Operating Expenses came in at $1.6 billion in Q2 2026, up 5.85% on a YoY basis from $1.5 billion in Q2 2025, and down 0.94% quarter-over-quarter from $1.6 billion in Q1 2026.

Analysis

Wynn Resorts (WYNN) Operating Expenses (2009 - 2026) Analysis & Trends

Wynn Resorts (WYNN) has reported Operating Expenses for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 5.85% year-over-year to $1.6 billion; the trailing twelve-month figure through Jun 2026 stood at $6.2 billion (up 5.24% YoY), and the FY2025 full-year result was $6.0 billion, changed 0.41% from the prior year.
  • Operating Expenses slipped to $1.6 billion in Q2 2026 per WYNN's latest filing, from $1.6 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.6 billion in Q3 2023 and bottomed at $905.7 million in Q4 2022.
  • Historically, Operating Expenses has averaged $1.4 billion across 5 years, with a median of $1.5 billion in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses slipped 21.09% in 2022, then soared 70.71% in 2023.
  • Over 5 years, Operating Expenses stood at $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 gained by 8.11% to $1.6 billion in 2025, then declined by 2.01% to $1.6 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.6 billion, $1.6 billion, and $1.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Las Vegas Sands 27.90 Bn 24.52 Bn 1.81 Bn 2.54 Bn
2 MGM Resorts International 10.33 Bn 7.78 Bn 3.10 Bn 3.97 Bn
3 Wynn Resorts 9.08 Bn 7.50 Bn 1.14 Bn 1.56 Bn
4 Caesars Entertainment 6.05 Bn 4.99 Bn 2.04 Bn 2.48 Bn
5 Churchill Downs 5.79 Bn 5.59 Bn 712.00 Mn 623.00 Mn
6 Boyd Gaming 5.71 Bn 5.39 Bn 766.76 Mn 833.69 Mn
7 Red Rock Resorts 3.17 Bn 2.56 Bn 420.02 Mn 374.27 Mn
8 PENN Entertainment 2.28 Bn 1.39 Bn 1.02 Bn 1.73 Bn
9 Monarch Casino & Resort 2.14 Bn 2.00 Bn 38.62 Mn 103.97 Mn
10 Melco Resorts & Entertainment 1.99 Bn 1.42 Bn 1.05 Bn -1.00 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.56 Bn
Mar 31, 2026 1.57 Bn
Dec 31, 2025 1.59 Bn
Sep 30, 2025 1.52 Bn
Jun 30, 2025 1.47 Bn
Mar 31, 2025 1.43 Bn
Dec 31, 2024 1.47 Bn
Sep 30, 2024 1.56 Bn
Jun 30, 2024 1.46 Bn
Mar 31, 2024 1.50 Bn
Dec 31, 2023 1.48 Bn
Sep 30, 2023 1.61 Bn
Jun 30, 2023 1.35 Bn
Mar 31, 2023 1.25 Bn
Dec 31, 2022 905.73 Mn
Sep 30, 2022 942.71 Mn
Jun 30, 2022 960.86 Mn
Mar 31, 2022 1.05 Bn
Dec 31, 2021 1.15 Bn
Sep 30, 2021 1.08 Bn