Red Rock Resorts (RRR) Q4 2025 Earnings
How Did RRR Stock React to Q4 2025 Earnings?
S&P 500 over the same 30 days: −3.31%.
Did RRR Beat Earnings? Q4 2025 Results
Yes. Red Rock Resorts reported Q4 2025 earnings of $0.75 a share on Feb 10, 2026, beating the $0.45 consensus estimate by 67.7%. Revenue was $511.8M against a $504.3M estimate.
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.
- 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
| Metric | Q4 2025 | Q4 2024 | Year over year |
|---|---|---|---|
| Revenue | $511.8M | $495.7M | +3.2% |
| Operating Income | $143.6M | $142.3M | +0.9% |
| Net Income | $84.6M | $46.6M | +81.6% |
RRR Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.