Caesars EntertainmentCZREarnings & Financial Report
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.
Revenue
$2.9B
Gross Profit
N/A
Operating Profit
$513.0M
Net Profit
$-55.0M
Gross Margin
N/A
Operating Margin
17.9%
Net Margin
-1.9%
YoY Growth
-0.2%
EPS
$-0.27
Caesars Entertainment Q3 FY2025 Financial Summary
Caesars Entertainment reported revenue of $2.9B (down 0.2% YoY) for Q3 FY2025, with a net profit of $-55.0M (down 511.1% YoY) (-1.9% margin).
Key Financial Metrics
| Total Revenue | $2.9B |
|---|---|
| Net Profit | $-55.0M |
| Gross Margin | N/A |
| Operating Margin | 17.9% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Caesars Entertainment Q3 FY2025 revenue of $2.9B breaks down across 6 segments, led by Regional at $1.5B (53.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Regional | $1.5B | 53.5% |
| Hotel Owned | $485.0M | 16.9% |
| Food And Beverage | $436.0M | 15.2% |
| Caesars Digital | $311.0M | 10.8% |
| Managed And Branded | $73.0M | 2.5% |
| Real Estate | $32.0M | 1.1% |
Caesars Entertainment Revenue by Segment — Quarterly Trend
Caesars Entertainment revenue by segment across the last 4 reported quarters, showing how each business line (such as Regional and Hotel Owned) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Regional | — | $1.4B | $1.5B | — |
| Hotel Owned | — | — | $485.0M | $509.0M |
| Food And Beverage | — | — | $436.0M | — |
| Caesars Digital | — | — | $311.0M | $343.0M |
| Managed And Branded | — | $65.0M | $73.0M | $74.0M |
Caesars Entertainment Annual Revenue by Year
Caesars Entertainment annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.5B |
| 2024 | $11.2B |
Caesars Entertainment Quarterly Revenue & Net Profit History
Caesars Entertainment results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.9B | +2.7% | $-83.0M | -2.9% |
| Q4 FY2025 | $2.9B | +4.2% | $-250.0M | -8.6% |
| Q3 FY2025 | $2.9B | -0.2% | $-55.0M | -1.9% |
| Q2 FY2025 | $2.9B | +2.7% | $-82.0M | -2.8% |
| Q1 FY2025 | $2.8B | +1.9% | $-115.0M | -4.1% |
| Q4 FY2024 | $2.8B | -0.9% | $11.0M | 0.4% |
| Q3 FY2024 | $2.9B | -4.0% | $-9.0M | -0.3% |
| Q2 FY2024 | $2.8B | -1.7% | $-122.0M | -4.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.83B | $2.87B | $2.80B | $2.79B | $2.91B | $2.87B | $2.92B | $2.87B |
| YoY Growth | -1.7% | -4.0% | -0.9% | 1.9% | 2.7% | -0.2% | 4.2% | 2.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $33.08B | $32.97B | $32.59B | $32.40B | $32.48B | $31.90B | $31.64B | N/A |
| Liabilities | $28.59B | $28.59B | $28.21B | $28.12B | $28.36B | $27.93B | $27.95B | N/A |
| Equity | $4.30B | $4.18B | $4.16B | $4.05B | $3.90B | $3.78B | $3.50B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $454.0M | $232.0M | $309.0M | $218.0M | $462.0M | $318.0M | $304.0M |