Q4 2025 Earnings

Revenue

$738M+13.9% YoY

Gross Profit

$81M11.0% margin

Operating Income

$143M19.4% margin

Net Income

$74M10.0% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

+24.5%

Operating Cash Flow

$165M

Free Cash Flow

$165M

Stock-Based Comp.

Total Assets

$6.2B

Total Liabilities

$5.0B

Stockholders' Equity

$750M

Cash & Equivalents

$500M

Metric	Current	Year Ago	Change
Revenue	$738M	$648M	+13.9%
Gross Profit	$81M	$193M	-58.0%
Operating Income	$143M	$121M	+18.5%
Net Income	$74M	$69M	+7.4%

Hotel Food And Beverage Banquets

$164M22%

Hotel, Other

$158M21%

Hotel Group Rooms

$120M16%

Hotel Transient Rooms

$94M13%

Hotel Food And Beverage Outlets

$92M12%

Entertainment Admissions And Ticketing

$43M6%

Entertainment Food And Beverage

$38M5%

Entertainment Retail And Other

$28M4%