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.
Revenue
$73.9M
Gross Profit
$69.1M
Operating Profit
$-74.0K
Net Profit
$-10.4M
Gross Margin
93.5%
Operating Margin
-0.1%
Net Margin
-14.0%
YoY Growth
0.6%
EPS
$-0.29
FULL HOUSE RESORTS INC Q2 FY2025 Financial Summary
FULL HOUSE RESORTS INC reported revenue of $73.9M (up 0.6% YoY) for Q2 FY2025, with a net profit of $-10.4M (down 20.3% YoY) (-14.0% margin). Cost of goods sold was $4.8M, operating expenses totaled $69.2M.
Key Financial Metrics
| Total Revenue | $73.9M |
|---|---|
| Net Profit | $-10.4M |
| Gross Margin | 93.5% |
| Operating Margin | -0.1% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
FULL HOUSE RESORTS INC Q2 FY2025 revenue of $73.9M breaks down across 4 segments, led by Midwest And South at $57.8M (78.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Midwest And South | $57.8M | 78.2% |
| Food And Beverage | $9.6M | 13.0% |
| Other Operations | $3.7M | 5.0% |
| Contracted Sports Wagering | $1.7M | 2.2% |
FULL HOUSE RESORTS INC Revenue by Segment — Quarterly Trend
FULL HOUSE RESORTS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Midwest And South and Food And Beverage) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Midwest And South | $58.2M | — | $57.8M | $57.2M |
| Food And Beverage | $9.7M | $9.9M | $9.6M | $10.1M |
| Other Operations | $3.6M | $3.7M | $3.7M | $5.9M |
| Contracted Sports Wagering | $1.7M | $1.6M | $1.7M | $2.3M |
FULL HOUSE RESORTS INC Annual Revenue by Year
FULL HOUSE RESORTS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $302.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $302.4M |
| 2024 | $292.1M |
| 2023 | $241.1M |
| 2022 | $163.3M |
FULL HOUSE RESORTS INC Quarterly Revenue & Net Profit History
FULL HOUSE RESORTS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $75.4M | +3.4% | $-12.4M | -16.4% |
| Q3 FY2025 | $78.0M | +3.0% | $-7.7M | -9.8% |
| Q2 FY2025 | $73.9M | +0.6% | $-10.4M | -14.0% |
| Q1 FY2025 | $75.1M | +7.3% | $-9.8M | -13.0% |
| Q4 FY2024 | $73.0M | -43.9% | $-12.3M | -16.9% |
| Q3 FY2024 | $75.7M | +4945.8% | $-8.5M | -11.2% |
| Q2 FY2024 | $73.5M | +23.8% | $-8.6M | -11.7% |
| Q1 FY2024 | $69.9M | +39.6% | $-11.3M | -16.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $69.9M | $73.5M | $75.7M | $73.0M | $75.1M | $73.9M | $78.0M | $75.4M |
| YoY Growth | 39.6% | 23.8% | 4945.8% | -43.9% | 7.3% | 0.6% | 3.0% | 3.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $670.4M | $673.9M | $668.7M | $673.3M | $657.2M | $651.5M | $644.4M | $649.8M |
| Liabilities | $603.2M | $614.5M | $616.9M | $632.8M | $626.2M | $630.3M | $630.2M | $647.3M |
| Equity | $67.3M | $59.5M | $51.8M | $40.5M | $31.0M | $21.2M | $14.2M | $2.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-4.4M | $10.1M | $-6.7M | $14.8M | $-9.5M | $7.9M | $-472000 | $12.0M |