Companies /Consumer Cyclical
Red Rock Resorts Inc - Class A
NASDAQ: RRR Resorts & Casinos
$52.05
▲ $0.99 (+1.94%) today
Markets closed · 7:51pm ET

Red Rock Resorts (RRR) Q1 2026 Earnings

Reported Apr 29, 2026, 4:01pm ET · SEC source
$0.73
Beat +49.65%
EPS · est. $0.49
$507.3M
Beat +0.21%
Revenue · est. $506.2M
+0.6%
Beating market
RRR vs S&P since report
6 quarters
Consecutive EPS beats

How Did RRR Stock React to Q1 2026 Earnings?

% change · around the report
−3%0+3%Apr 29Apr 30report 4:01pm ETearnings+0.9%−0.1%
−3%0+3%Apr 29Apr 30earnings+0.9%−0.1%
RRR −0.1%S&P 500 +0.9%
−3%0+3%Apr 29Apr 30report 4:01pm ETearnings+0.9%−0.1%
−3%0+3%Apr 29Apr 30earnings+0.9%−0.1%
RRR −0.1%NASDAQ +0.9%
−8%−4%0+4%Apr 28May 7report 4:01pm ETearnings+3.0%−4.2%
−8%−4%0+4%Apr 28May 7earnings+3.0%−4.2%
RRR −4.2%S&P 500 +3.0%
−10%−5%0+5%Apr 28May 7report 4:01pm ETearnings+5.6%−4.2%
−10%−5%0+5%Apr 28May 7earnings+5.6%−4.2%
RRR −4.2%NASDAQ +5.6%
−3.75%
Day of report
−2.19%
Next session
−0.41%
One week
+6.30%
30 days

S&P 500 over the same 30 days: +5.69%.

Did RRR Beat Earnings? Q1 2026 Results

Yes. Red Rock Resorts reported Q1 2026 earnings of $0.73 a share on Apr 29, 2026, beating the $0.49 consensus estimate by 49.7%. Revenue was $507.3M against a $506.2M estimate.

Red Rock Resorts delivered a stronger-than-expected first quarter for 2026, with earnings per share of $0.73 beating the $0.49 consensus estimate by 49.65%, even as the bottom line edged down slightly from $0.75 a year earlier. Revenue rose 1.9% year over year to $507.32 million, a hair above the $506.25 million Wall Street had anticipated, with the modest top-line gain driven primarily by a $7.28 million increase in casino revenue to $340.52 million and the addition of $4.74 million in Native American management and development fees, a revenue stream with no prior-year equivalent. The profit story was more complicated, however; operating costs climbed to $363.64 million from $343.51 million, with SG&A and depreciation both rising notably amid the capital investment cycle around newer properties including Durango Resort, compressing operating income to $143.68 million from $154.35 million. Analysts have broadly maintained bullish ratings on the stock, viewing the cost pressures and margin compression as temporary given the company's development pipeline.

Key Takeaways
  • Casino revenue growth of 2.2% year over year to $340.5 million
  • New Native American management and development fees contributed $4.7 million in revenue
  • Favorable change in fair value of derivative instruments improved other income

RRR YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$200.0M$400.0M$497.9M$507.3MRevenue$154.4M$143.7MOperating Income$44.7M$82.7MNet Income
$0$200.0M$400.0MRevenueOperating IncomeNet Income
RRR income statement, Q1 2026 versus Q1 2025
Metric Q1 2026 Q1 2025 Year over year
Revenue $507.3M $497.9M +1.9%
Operating Income $143.7M $154.4M −6.9%
Net Income $82.7M $44.7M +84.9%

RRR Revenue by Segment

Las Vegas Operations$499.5M+0.9%
Casino$340.5M+2.2%
Food and Beverage$90.3M+1.2%
Room$45.5M−9.3%
Other Revenue
Other
Native American Management
Development Fees

When Does Red Rock Resorts Report Next?

Expected report date

Figures from SEC filings and company reports. Not investment advice.