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Bally's Corp. (BALY)

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Bally's Corp. (BALY) reported revenue of $792 million for Q2 FY2026, the quarter ended 30 June 2026, up 20.5% on the same quarter a year earlier. Net income was -$146 million, and diluted earnings per share $-2.41. The figures are the company's own, from the 10-Q it filed with the SEC on 14 August 2026.

Revenue$792 millionup 20.5%
Net income-$146 million
Diluted EPS$-2.41
QuarterQ2 FY2026ended 30 June 2026

Bally's (BALY) in brief

Bally's (BALY) reported revenue of $2.7 billion for fiscal 2025, the year ended 31 December 2025, up 8.4% on the year before.
Read moreNet loss was $701 million. Revenue was $2.5 billion in fiscal 2024, $2.4 billion in fiscal 2023, $2.3 billion in fiscal 2022 and $1.3 billion in fiscal 2021. Net income in the same years was a loss of $568 million, a loss of $188 million, a loss of $426 million and a loss of $115 million. Over the twelve months to 30 June 2026, Bally's reported revenue of $3.0 billion and net loss of $764 million. Revenue grew 48.1% a year, compounded, over the five years to fiscal 2025. Bally's had 49 million shares outstanding at the latest filed count. At 30 June 2026 it carried $4.5 billion of debt and $390 million of cash. At the close of 29 October 2026 the market cap of Bally's was $662 million.

Ratios

From the filings

ROE-118.5%
ROCE-4.2%
Operating margin-7.3%
Net margin-25.8%
FCF margin-16.8%
Interest cover-0.48
Debt to equity6.99
Cash conversionn/a
Share count, last 12 months-0.3%
Sales CAGR, 3 years5.6%
Profit CAGR, 3 yearsn/a
EPS, TTMn/a

At the close of 29 October 2026

Price$13.52
Market cap$662 million
Stock P/En/a
Price to book1.03
EV / EBITDA32.47
Dividend yieldn/a
Market cap / sales0.22
52-week high$19.36
52-week low$8.84
Price, 1 year-26.5%
Price CAGR, 3 years14.7%
Price CAGR, 5 years-21.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Bally's Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
BALYgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on BALY

Dividends$0.10 a share in FY2022
Filings30 in twelve months: 16 current reports (8-K), about 6 other events; 5 material agreement; 4 results of operations; 3 new financial obligation; 2 officer or director change
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 1.2 by open interest at the 29 October 2026 close; the straddle prices a 22.0% move to 20 November 2026
13F holders64 funds reported a position for the quarter to 30 June 2026; largest Standard General L.P.
Insider trading0 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.2 million shares short, 10.80 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021 †Q4 FY2021Q1 FY2022 †Q2 FY2022 †Q3 FY2022 †Q4 FY2022 * †Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024 †Q3 FY2024Q4 FY2024 *Q1 FY2025 ‡Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue315548548552578577599606632612618622630580589658664746756792
R&Dn/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a21.6n/an/an/a20.3
SG&A140187187193200220252250231382248252274269275298292393316334
Operating income27.7-44.422.585.353.7-4553776.037.2-316-74.05.6-158-32.3-22.6-2.41.0-27491.6-34.0
Operating margin9%-8%4%15%9%-79%63%1%6%-52%-12%1%-25%-6%-4%-0%0%-37%12%-4%
Interest expense31.945.745.745.853.663.163.367.170.676.673.174.274.089.080.4101111108112121
Pre-tax income-63.0-136-3.764.91.7-517316-54.3-17.9-430-143-61.7-281-66.8-113-43.0-148-365-164-178
Tax raten/an/an/a8%66%n/a44%n/an/an/an/an/an/an/an/an/an/an/an/an/a
Net income-57.6-1151.959.50.6-488178-25.7-61.8-278-174-60.2-248-85.8-16.5-228-103-353-162-146
Net margin-18%-21%0%11%0%-85%30%-4%-10%-46%-28%-10%-39%-15%-3%-35%-16%-47%-21%-18%
Diluted EPS-$1.16-$1.87$0.03$0.98$0.01-$8.87$3.24-$0.48-$1.15-$5.11-$3.61-$1.24-$5.10-$1.76n/a-$3.76-$1.70n/a-$2.69-$2.41
Operating cash flow36.611.920.814460.845.7-16.180.254.370.3-7.947.636.537.8-38.216.8-88.618.8-145-121
Capital expenditure31.430.454.561.651.344.943.775.914745.328.135.792.343.746.949.050.737.738.935.1
Free cash flow5.2-18.5-33.782.29.50.8-59.84.3-92.425.0-35.911.8-55.8-5.9-85.1-32.2-139-18.9-184-156
Buybacks0.087.013.30.011920.819.810.70.068.60.00.00.00.04160.00.0n/an/an/a
Dividends paid0.00.00.00.00.00.0n/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Shares outstanding45m52m53m53m47m47m46m46m46m40m40m41m41m41m49m49m49m49m49m49m
Filing10-Q/A10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. ‡ Filed in two parts, up to 7 February 2025 and after it, on the old and the new accounting basis; shown added together, with per-share figures left blank. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 9 fiscal years and the trailing twelve months

FY2017FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025 ‡TTM
Revenue4214385243731,3222,2562,4492,4502,6572,958
Selling, general and administrative1501431802065988261,1141,0431,2581,335
Operating income124121115-18.493.4-293104-258-298-216
Operating margin29.4%27.6%21.9%-4.9%7.1%-13.0%4.2%-10.5%-11.2%-7.3%
Interest expense22.823.039.862.6118208278310401453
Pre-tax income10197.875.2-74.8-119-454-186-553-668-854
Income tax38.926.420.1-69.3-4.4-28.91.815.348.2-57.6
Effective tax rate38.4%27.0%26.7%n/an/an/an/an/an/an/a
Net income62.271.455.1-5.5-115-426-188-568-701-764
Net margin14.8%16.3%10.5%-1.5%-8.7%-18.9%-7.7%-23.2%-26.4%-25.8%
Diluted EPS$1.56$1.87$1.46-$0.18-$2.31-$7.32-$3.51-$11.71n/an/a
Filing10-K10-K10-K10-K10-K/A10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed. ‡ Filed in two parts, up to 7 February 2025 and after it, on the old and the new accounting basis; shown added together, with per-share figures left blank.

Revenue by segment FY2024

FY2024Share
of the parts, latest year
Casinos & Resorts1,36355.6%
Bally's Intralot B2C90336.8%
North America Interactive1707.0%
Corporate & Other7.60.3%
Bally's Intralot B2B6.90.3%
Casinos & ResortsBally's Intralot B2CNorth America InteractiveCorporate & OtherBally's Intralot B2B
2,450FY2024

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service FY2024

FY2024Share
of the parts, latest year
Gaming2,05283.7%
Hotel1496.1%
Food and beverage1355.5%
Retail, entertainment and other1084.4%
Licensing6.90.3%
GamingHotelFood and beverageRetail, entertainment and otherLicensing
2,450FY2024

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2017FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025 ‡TTM
Operating cash flow10810994.119.582.8271189114-91.2-336
Capital expenditure47.912928.215.397.5212311200184162
Free cash flow60.0-19.665.94.2-14.858.7-123-85.8-275-498
Free cash flow margin14.2%-4.5%12.6%1.1%-1.1%2.6%-5.0%-3.5%-10.4%-16.8%
Cash from investing-47.5-118-38.9-445-2,297-303-20897.81,8252,080
Cash from financing-28.9-3.448.93662,40543.265.8-288-1,043-1,493
Depreciation and amortisation22.222.332.437.8145301350380315363
Share-based compensation1.71.73.817.720.127.924.114.833.130.4
Buybacks2.38.022333.387.015399.10.0n/an/a
Dividends paid0.00.07.53.20.00.0n/an/an/an/a
Dividend per sharen/an/a$0.20$0.10$0.10$0.10n/an/an/an/a
Diluted shares, weighted38m39m38m31m50m58m53m48mn/a61m
Shares outstanding at period endn/a38m32m31m52m47m40m41m49m49m
Filing10-K10-K10-K10-K10-K/A10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2017FY2018 †FY2019 †FY2020 †FY2021 †FY2022 †FY2023FY2024FY2025 ‡TTM
Funded by
Shareholders' equity1772992113271,61280663530.9995645
Non-controlling interestn/an/an/a0.03.80.40.40.01,5501,525
Debtn/a3946841,1003,4463,4893,6633,3194,5014,507
Operating lease liabilitiesn/a0.016.262.05068031,1481,5541,8292,266
Finance lease liabilitiesn/an/an/an/a0.02002000.0n/an/a
Other liabilitiesn/a89.51114419851,0021,2149562,3561,865
Total liabilities and equityn/a7821,0221,9306,5536,3006,8615,86011,23010,807
Owned
Fixed assetsn/a4165107498391,2021,1756311,064703
Goodwilln/a1321331872,1231,7461,9361,8003,4333,371
Intangible assetsn/a1101106632,4781,9621,8711,3073,0012,863
Cash and equivalents85.877.6183123206213163171798390
Receivablesn/a23.023.214.848.271.770.355.5194210
Inventoryn/a6.47.99.311.514.214.619.355.868.8
Other assetsn/a17.154.31838481,0911,6311,8762,6853,201
Total assetsn/a7821,0221,9306,5536,3006,8615,86011,23010,807
Filing10-K10-K10-K10-K10-K/A10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a48.1%5.6%20.4%
Profit growth, compoundedn/an/an/an/a
Return on equity, average-212.6%-399.4%-645.8%-70.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Bally's' revenue in fiscal 2025?

Bally's (BALY) reported revenue of $2.7 billion for fiscal 2025, the year ended 31 December 2025, up 8.4% on the year before.

How much did Bally's earn in fiscal 2025?

Net loss was $701 million for fiscal 2025.

What is Bally's' market cap?

The market cap of Bally's was $662 million at the close of 29 October 2026.

How much debt does Bally's have?

At 30 June 2026 Bally's carried $4.5 billion of debt and $390 million of cash.

Peers: Restaurants, Hotels, Motels

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Marriott International Inc. MAR$104.2 billion41.42n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$79.6 billion48.24n/a24.0%8.1%n/a0.2%
InterContinental Hotels Group PLC IHG *$25.7 billion34.86n/a23.1%5.4%n/a1.0%
Las Vegas Sands Corp. LVS$23.2 billion15.18n/a20.9%10.9%n/a3.1%
Hyatt Hotels Corp. H$17.7 billion95.445.8%n/a2.8%1.150.3%
Wynn Resorts Ltd. WYNN$7.7 billion18.42n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.3 billion10.9727.7%7.0%2.6%2.26n/a
Caesars Entertainment, Inc. CZR$5.9 billionn/a-16.3%15.4%3.1%3.56n/a
Wyndham Hotels & Resorts, Inc. WH$5.6 billion28.5942.5%29.2%0.8%5.742.2%
Boyd Gaming Corp. BYD$5.2 billion10.9420.5%17.8%0.3%1.091.1%
Choice Hotels International Inc. CHH$5.1 billion15.95230.9%25.2%2.6%14.081.0%
Travel & Leisure Co. TNL$4.3 billion19.23n/a13.0%4.6%n/a3.3%
All 47 in Restaurants, Hotels, Motels
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$182.1 billion20.91n/a46.2%6.3%n/a2.9%
Starbucks Corp. SBUX$120.4 billion60.70n/a7.8%4.5%n/a2.3%
Marriott International Inc. MAR$104.2 billion41.42n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$79.6 billion48.24n/a24.0%8.1%n/a0.2%
Yum! Brands, Inc. YUM$42.2 billion19.43n/a31.0%10.3%n/a1.9%
Chipotle Mexican Grill Inc. CMG$39.6 billion29.2256.1%14.1%7.9%0.00n/a
InterContinental Hotels Group PLC IHG *$25.7 billion34.86n/a23.1%5.4%n/a1.0%
Restaurant Brands International Inc. QSR$25.5 billion17.0338.1%27.0%5.5%3.363.5%
Darden Restaurants Inc. DRI$24.9 billion21.5557.2%11.7%8.1%1.262.8%
Las Vegas Sands Corp. LVS$23.2 billion15.18n/a20.9%10.9%n/a3.1%
Hyatt Hotels Corp. H$17.7 billion95.445.8%n/a2.8%1.150.3%
Yum China Holdings, Inc. YUMC$15.6 billion16.5618.2%11.1%8.8%0.012.3%
Aramark ARMK$14.8 billion39.1711.3%4.4%11.0%1.810.9%
Texas Roadhouse, Inc. TXRH$12.0 billion29.2826.5%7.7%9.9%0.031.6%
Brinker International, Inc. EAT$9.2 billion19.34125.2%11.0%6.1%1.13n/a
Wynn Resorts Ltd. WYNN$7.7 billion18.42n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.3 billion10.9727.7%7.0%2.6%2.26n/a
Cava Group, Inc. CAVA$6.9 billion107.647.9%5.2%26.8%0.00n/a
Dutch Bros Inc. BROS$6.8 billion61.0911.6%9.6%29.6%0.25n/a
Caesars Entertainment, Inc. CZR$5.9 billionn/a-16.3%15.4%3.1%3.56n/a
Cheesecake Factory Inc. CAKE$5.6 billion30.6934.4%5.3%5.7%1.081.0%
Wyndham Hotels & Resorts, Inc. WH$5.6 billion28.5942.5%29.2%0.8%5.742.2%
Boyd Gaming Corp. BYD$5.2 billion10.9420.5%17.8%0.3%1.091.1%
Choice Hotels International Inc. CHH$5.1 billion15.95230.9%25.2%2.6%14.081.0%
Travel & Leisure Co. TNL$4.3 billion19.23n/a13.0%4.6%n/a3.3%
Wingstop Inc. WING$3.9 billion34.12n/a27.7%6.9%n/a0.8%
Park Hotels & Resorts Inc. PK$3.4 billionn/a-5.3%2.0%-1.4%1.275.9%
Shake Shack Inc. SHAK$3.0 billion75.007.3%3.6%17.3%0.46n/a
Red Rock Resorts, Inc. RRR$2.9 billion17.3998.7%27.7%0.9%20.93n/a
Hilton Grand Vacations Inc. HGV$2.7 billion6.8931.9%15.0%18.8%5.95n/a
Sunstone Hotel Investors, Inc. SHO$2.4 billion58.862.2%9.1%7.3%0.522.8%
Penn Entertainment, Inc. PENN$2.1 billionn/a-48.7%-7.9%6.1%1.51n/a
Monarch Casino & Resort Inc. MCRI$2.0 billion17.9019.9%25.1%5.1%0.001.1%
Xenia Hotels & Resorts, Inc. XHR$1.9 billionn/a-0.7%6.7%1.6%1.222.7%
Cracker Barrel Old Country Store, Inc. CBRL$1.6 billion51.716.6%-0.4%-4.7%0.711.4%
Target Hospitality Corp. TH$1.4 billionn/a-10.2%-11.1%11.9%0.11n/a
Wendy's Co. WEN$1.4 billion10.86104.6%13.6%-1.0%22.827.8%
BJs Restaurants Inc. BJRI$1.3 billion33.8310.3%2.7%3.5%0.11n/a
Sweetgreen, Inc. SG$1.1 billion114.002.9%-21.4%-0.6%0.00n/a
Bloomin' Brands, Inc. BLMN$914 million34.456.4%1.2%1.2%1.634.2%
First Watch Restaurant Group, Inc. FWRG$772 million43.122.8%2.1%19.3%0.46n/a
Cannae Holdings, Inc. CNNE$744 millionn/a-16.3%-28.4%-11.4%0.073.5%
Bally's Corp. BALY$662 millionn/a-118.5%-7.3%20.4%6.99n/a
Papa John's International, Inc. PZZA$619 million23.82n/a4.3%-5.6%n/a9.8%
El Pollo Loco Holdings, Inc. LOCO$468 million13.1411.0%10.5%4.4%0.09n/a
Portillo's Inc. PTLO$306 million27.502.9%4.5%2.9%0.70n/a
Black Rock Coffee Bar, Inc. BRCB$225 million151.361.3%1.0%n/a0.58n/a
18 companies share its SEC industry code (Hotels & Motels); the rest are the names nearest in size in its wider industry, Restaurants, Hotels, Motels, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202614 August 2026EDGAR
10-Q31 March 202618 May 2026EDGAR
10-K/A31 December 202520 April 2026EDGAR
10-K31 December 202523 March 2026EDGAR
10-Q30 September 202512 November 2025EDGAR
10-Q30 June 202511 August 2025EDGAR
10-Q31 March 202512 May 2025EDGAR
10-K31 December 202417 March 2025EDGAR
10-Q30 September 20248 November 2024EDGAR
10-Q30 June 20242 August 2024EDGAR