FULL HOUSE RESORTS INCFLLEarnings & Financial Report
Full House Resorts, Inc. is an American casino developer and operator based in Summerlin South, Nevada. The company currently operates five casinos. It is known for the involvement of Gulfstream Aerospace founder Allen Paulson, who was CEO from 1994 to 2000, and former Chrysler chairman Lee Iacocca, who was a major investor in the company from 1995 to 2013. Dan Lee has been CEO since late 2014.
FLL Q3 2025 Key Financial Metrics
Revenue
$78.0M
Gross Profit
$72.7M
Operating Profit
$3.4M
Net Profit
$-7.7M
Gross Margin
93.2%
Operating Margin
4.4%
Net Margin
-9.8%
YoY Growth
3.0%
EPS
$-0.21
Financial Flow
FULL HOUSE RESORTS INC Q3 2025 Financial Summary
FULL HOUSE RESORTS INC reported revenue of $78.0M for Q3 2025, with a net profit of $-7.7M (-9.8% margin). Cost of goods sold was $5.3M, operating expenses totaled $69.2M.
Key Financial Metrics
| Total Revenue | $78.0M |
|---|---|
| Net Profit | $-7.7M |
| Gross Margin | 93.2% |
| Operating Margin | 4.4% |
| Report Period | Q3 2025 |
FULL HOUSE RESORTS INC Annual Revenue by Year
FULL HOUSE RESORTS INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $292.1M).
| Year | Annual Revenue |
|---|---|
| 2024 | $292.1M |
| 2023 | $241.1M |
| 2022 | $163.3M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $60.0M | $69.9M | $73.5M | $75.7M | $73.0M | $75.1M | $73.9M | $78.0M |
| YoY Growth | 66.4% | 39.6% | 23.8% | 5.8% | 21.5% | 7.3% | 0.6% | 3.0% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $688.5M | $670.4M | $673.9M | $668.7M | $673.3M | $657.2M | $651.5M | $644.4M |
| Liabilities | $610.6M | $603.2M | $614.5M | $616.9M | $632.8M | $626.2M | $630.3M | $630.2M |
| Equity | $77.8M | $67.3M | $59.5M | $51.8M | $40.5M | $31.0M | $21.2M | $14.2M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $19.1M | $-4.4M | $10.1M | $-6.7M | $14.8M | $-9.5M | $7.9M | $-472000 |
