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Companies/Light & Wonder, Inc.
Company profile

Light & Wonder, Inc.

OTC: LNWO · Consumer Cyclical · Gambling, Resorts & Casinos
PublicHQ Las Vegas, NV · ClarkCIK 0000750004Reports USD
#153 of 624 Consumer Cyclical companies by revenue56th-percentile growth
EA Score
69B
FH 69DQ 76GM 49SS 82
v0.1 · 65/100 weight · provisional
↑ return on equity, operating margin · ↓ growth stability, balance-sheet leverage
Methodology →
Revenue TTM
$3.3B
Rev growth YoY (TTM)
+3.9%
Net income (FY)
$276.0M
Employees
6,800
Market cap
$5.7B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$3.3B$3.3B2025
Net income$276.0M$276.0M2025
Operating income$683.0M$683.0M2025
Total assets$6.5B$6.5B2025
Liabilities$6.2B$6.2B2025
Equity$245.0M$245.0M2025

Revenue trend

FY2021 – FY2025 · USD
$453.0M
FY21
$581.0M
FY21
$539.0M
FY21
$2.2B
FY21
$2.5B
FY22
$2.9B
FY23
$3.2B
FY24
$3.3B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Service69%
Product31%
By geography
UNITED STATES68%
Non-US32%
The read

Light & Wonder, Inc. booked $3.3B in FY2025 revenue, growing 4.0% year over year — about the middle of the pack among Consumer Cyclical companies we track, at a 8.3% net margin.

Peers · Consumer Cyclical
Rush Enterprises, Inc.68BSonoco Products Company77B+Frontdoor, Inc.72BMeritage Homes Corporation——
Neighbors
Clark →
Las Vegas Sands Corp.$13.0B80B+MGM Resorts International$17.5B68BWynn Resorts, Limited$7.1B65BMP Materials Corp.$224.4M49DBitmine Immersion Technologies, Inc.$6.1M47DBoyd Gaming Corporation$4.1B77B+
Key facts
CEOMatthew Richard Wilson
SectorConsumer Cyclical
IndustryGambling, Resorts & Casinos
HeadquartersLas Vegas, NV
ExchangeOTC: LNWO
Employees6,800
IPO date1984-08-23
Latest filings
8-K2026-06-158-K2026-06-118-K2026-06-1010-Q2026-05-068-K2026-05-06DEF 14A2026-04-308-K2026-02-2410-K2026-02-24
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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