Inferra AI / Company / BYD

Boyd Gaming Corp

BYD · Consumer Discretionary

Last earnings Oct 22, 2026

Key results

Revenuequarter

$1.0 billion

Boyd Gaming reported third-quarter 2025 revenues of $1.0 billion, compared to $961.2 million in the third quarter of 2024.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Net incomequarter

$1.4 billion

The Company reported net income of $1.4 billion, or $17.81 per share, for the third quarter of 2025, compared to $131.1 million, or $1.43 per share, for the year-ago period.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

The Company s net income for the third quarter of 2025 was impacted by a $1.4 billion after tax gain from the sale of the Company s equity interest in FanDuel, and $65.1 million in non-cash, pretax long-lived asset impairment charges.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

AI analysis

Q3 2025 · reported Oct 23, 2025

Based on: Earnings release + parent 8-K — transcript not held

Revenue · Q3 2025
$1.0B
+4.0% +$39M vs year ago computed from stated figures
EX-99 · Oct 23, 2025
Net income · Q3 2025
$1.4B
EX-99 · Oct 23, 2025

The quarter in charts

Revenue — quarterly

As stated

00.420.831.25$961.2MSame quarter last year$1.0BQ3 2025

EX-99 · Oct 23, 2025 Statement values as stated in the release.

Headline figures

MetricQ3 2025Prior qtrYear ago
Revenue$1.0 billion—$961.2 million
Net income$1.4 billion——

EX-99 · Oct 23, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$0.18

Dividend and Share Repurchase Update Boyd Gaming paid a quarterly cash dividend of $0.18 per share on October 15, 2025, as previously announced.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

These results were driven by year-over-year growth in play from our core customers, improving trends in play from our retail customers, our efficient operations, and our ongoing capital investment program

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Dividend and Share Repurchase Update Boyd Gaming paid a quarterly cash dividend of $0.18 per share on October 15, 2025, as previously announced.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

As part of its ongoing share repurchase program, the Company repurchased $160 million in shares of its common stock during the third quarter of 2025.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

The Company had approximately $547 million remaining under its current share repurchase authorization as of September 30, 2025.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Balance Sheet Statistics As of September 30, 2025, Boyd Gaming had cash on hand of $319.1 million, and total debt of $1.9 billion.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Additionally, the Non-GAAP Measures do not consider capital expenditures and other investing activities and should not be considered as a measure of our liquidity.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

We compensate for these limitations by providing the relevant disclosure of our depreciation and amortization, interest and income taxes, capital expenditures and other items both in our reconciliations to the historical GAAP financial measures and in our consolidated financial statements, all of which should be considered when evaluating our performance.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Risks & headwinds

These forward-looking statements are based on the current beliefs and expectations of management and involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Many of these risks and uncertainties relate to factors that are beyond Boyd Gaming s ability to control or estimate precisely.

SEC original ↗Boyd Gaming Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

25 documents

Earnings releases

8 documents

Presentations

0 documents

No presentations for Boyd Gaming Corp are held in this edition of the library.

Transcripts

0 documents

No transcripts for Boyd Gaming Corp are held in this edition of the library.

Mentioned by

2 companies

Other tracked companies whose held documents mention Boyd Gaming Corp by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.