Boyd Gaming (BYD) Q3 FY2026 earnings: revenue $990 million, down 1.4% on the year

Boyd Gaming Corp. (BYD) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 22 October 2026. Revenue was $990 million, down 1.4% on the same quarter a year earlier. Net income was $125 million, down 91.3% on the year, and diluted earnings per share $1.71. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

Revenue$990 milliondown 1.4%

Net income$125 milliondown 91.3%

Diluted EPS$1.71$17.81 a year earlier

QuarterQ3 FY2026ended 30 September 2026

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	990	1,034	1,004	-1.4%
Net income	125	131	1,440	-91.3%
Diluted EPS	$1.71	$1.75	$17.81	-90.4%

$ million except per share.

Q3 FY2026 is from the company's press release of 22 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	843	880	861	894	877	923	964	917	903	954	961	968	961	1,041	992	1,034	1,004	1,062	997	1,034
SG&A	91.2	94.5	92.0	95.7	93.0	93.3	100	99.1	99.9	90.6	108	105	102	112	108	110	104	111	110	111
Operating income	223	217	251	245	237	248	285	244	218	155	219	227	220	261	200	242	140	166	164	201
Operating margin	26%	25%	29%	27%	27%	27%	30%	27%	24%	16%	23%	23%	23%	25%	20%	23%	14%	16%	16%	19%
Interest expense	45.2	41.2	37.7	36.5	36.0	41.1	43.9	42.7	42.4	42.3	42.3	42.9	46.2	45.9	48.4	50.6	33.3	25.4	28.5	31.4
Pre-tax income	178	145	211	189	203	226	259	204	177	113	177	185	174	216	152	193	1,842	142	137	171
Tax rate	22%	24%	23%	22%	23%	24%	23%	5%	24%	18%	23%	24%	25%	21%	27%	22%	22%	2%	24%	24%
Net income	138	110	163	147	157	173	200	192	135	92.6	136	140	131	171	111	151	1,440	140	106	131
Net margin	16%	12%	19%	16%	18%	19%	21%	21%	15%	10%	14%	14%	14%	16%	11%	15%	143%	13%	11%	13%
Diluted EPS	$1.21	$0.96	$1.45	$1.33	$1.46	$1.63	$1.93	$1.89	$1.34	$0.94	$1.40	$1.47	$1.43	$1.92	$1.31	$1.84	$17.81	$1.79	$1.37	$1.75
Operating cash flow	278	233	234	223	272	248	282	181	234	217	251	213	231	262	256	205	240	275	134	-23.5
Capital expenditure	42.8	60.3	46.6	52.1	74.3	96.1	96.1	75.3	108	94.9	89.6	114	85.2	111	170	124	146	148	155	142
Free cash flow	236	172	187	170	197	152	186	106	126	122	161	98.7	146	151	86.5	80.6	94.4	127	-20.8	-165
Buybacks	0.0	80.8	132	168	135	107	106	100	106	100.0	106	176	202	203	328	105	160	185	155	156
Dividends paid	0.0	0.0	0.0	16.5	16.0	15.7	15.5	16.3	16.0	15.8	15.5	16.3	15.7	15.2	14.7	14.7	14.5	14.2	13.8	15.0
Shares outstanding	112m	111m	110m	107m	104m	103m	101m	100m	98m	99m	95m	92m	89m	86m	82m	81m	79m	76m	75m	73m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* 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. 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.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 22 October 2026 with a Form 8-K: the release.