Companies /Consumer Cyclical
Red Rock Resorts Inc - Class A
NASDAQ: RRR Resorts & Casinos
$49.66
▼ $0.61 (−1.20%) today
Markets open · 4:12pm 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
After the close
Release timing

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