Q4 25 EPS
$0.75
BEAT +67.71%
Est. $0.45
Q4 25 Revenue
$511.8M
BEAT +1.48%
Est. $504.3M
vs S&P Since Q4 25
-12.2%
TRAILING MARKET
RRR -3.1% vs S&P +9.1%
Full Year 2025 Results
FY 25 EPS
$3.12
FY 25 Revenue
$2.01B
Market Reaction
Did RRR Beat Earnings? Q4 2025 Results
Red Rock Resorts delivered a standout fourth quarter, with earnings per share of $0.75 coming in 67.71% above the $0.45 consensus estimate, as the Las Vegas-focused casino operator demonstrated that margin discipline can sharpen results even when top… Read more Red Rock Resorts delivered a standout fourth quarter, with earnings per share of $0.75 coming in 67.71% above the $0.45 consensus estimate, as the Las Vegas-focused casino operator demonstrated that margin discipline can sharpen results even when top-line growth is measured. Revenue rose 3.2% year-over-year to $511.78 million, edging past the $504.30 million analyst forecast by 1.48%, while adjusted EBITDA climbed 5.4% to $213.28 million, the clearest signal that the company is wringing more profit from each dollar of revenue. The single most material driver behind the earnings strength was a meaningful decline in interest expense, which fell to $49.65 million from $56.17 million a year ago, directly lifting net income even as casino revenues of $343.00 million anchored the top line. Full-year net income surged 22.1% to $355.67 million, and the board punctuated the results by declaring both a regular quarterly dividend of $0.26 per share and a special dividend of $1.00 per share, underscoring management's confidence in the company's cash generation capacity.
Key Takeaways
- • Las Vegas operations revenue growth of 2.5% year-over-year in Q4
- • Las Vegas Adjusted EBITDA growth of 3.2% in Q4
- • New Native American development fee revenue contributing $3.7 million in Q4
- • Lower interest expense of $49.6 million in Q4 vs $56.2 million a year ago
- • Full year net income growth of 22.1%
RRR YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
RRR Revenue by Segment
With YoY comparisons, source: SEC Filings
RRR Earnings Trends
RRR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
RRR EPS Trend
Earnings per share: estimate vs actual
RRR Revenue Trend
Quarterly revenue: estimate vs actual
RRR Quarterly Results
12 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.49 | $0.73 | +49.65% | $507.3M | +0.21% |
| Q4 25 BEAT FY | $0.45 | $0.75 | +67.71% | $511.8M | +1.48% |
| FY Full Year | — | $3.12 | — | $2.01B | — |
| Q3 25 BEAT | $0.39 | $0.68 | +76.44% | $475.6M | -0.58% |
| Q2 25 BEAT | $0.41 | $0.95 | +131.14% | $526.3M | +7.83% |
| Q1 25 BEAT | $0.49 | $0.75 | +54.38% | $497.9M | +0.38% |
| Q4 24 BEAT FY | $0.48 | $0.76 | +58.73% | $495.7M | +1.12% |
| FY Full Year | $1.49 | $2.53 | +69.56% | $1.94B | +0.27% |
| Q3 24 MISS | $0.52 | $0.48 | -7.69% | $468.0M | +1.37% |
| Q2 24 MISS | $0.66 | $0.59 | -10.61% | $486.4M | +2.01% |
| Q1 24 BEAT | $0.66 | $0.68 | +3.03% | $488.9M | -0.15% |
| Q4 23 BEAT FY | $0.51 | $0.95 | +86.27% | $462.7M | +5.25% |
| FY Full Year | — | $2.94 | — | $1.72B | — |
| Q3 23 BEAT | $0.48 | $0.60 | +25.00% | $411.6M | +0.06% |
| Q4 22 BEAT FY | $0.59 | $1.49 | +152.54% | $425.5M | +0.78% |
| FY Full Year | $1.68 | $3.36 | +100.00% | $1.66B | +0.15% |