Gaming & Leisure Properties, Inc.GLPIEarnings & Financial Report
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 62 casino properties, all of which are leased to other companies.
GLPI Q1 2026 Key Financial Metrics
Revenue
$420.0M
Gross Profit
N/A
Operating Profit
$333.3M
Net Profit
$239.4M
Gross Margin
N/A
Operating Margin
79.4%
Net Margin
57.0%
YoY Growth
6.3%
Financial Flow
Gaming & Leisure Properties, Inc. Q1 2026 Financial Summary
Gaming & Leisure Properties, Inc. reported revenue of $420.0M (up 6.3% YoY) for Q1 2026, with a net profit of $239.4M (up 40.5% YoY) (57.0% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $420.0M |
|---|---|
| Net Profit | $239.4M |
| Gross Margin | N/A |
| Operating Margin | 79.4% |
| Report Period | Q1 2026 |
Gaming & Leisure Properties, Inc. Annual Revenue by Year
Gaming & Leisure Properties, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.6B). Click any linked year to see what changed vs the prior annual report.
Gaming & Leisure Properties, Inc. Quarterly Revenue & Net Profit History
Gaming & Leisure Properties, 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 |
|---|---|---|---|---|
| Q1 2026 | $420.0M | +6.3% | $239.4M | 57.0% |
| Q4 2025 | $407.0M | +4.5% | $267.3M | 65.7% |
| Q3 2025 | $397.6M | +3.2% | $241.2M | 60.7% |
| Q2 2025 | $394.9M | +3.7% | $151.4M | 38.4% |
| Q1 2025 | $395.2M | +5.1% | $165.2M | 41.8% |
| Q4 2024 | $389.6M | +5.6% | $217.2M | 55.8% |
| Q3 2024 | $385.3M | +7.2% | $184.7M | 47.9% |
| Q2 2024 | $380.6M | +6.7% | $208.3M | 54.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $380.6M | $385.3M | $389.6M | $395.2M | $394.9M | $397.6M | $407.0M | $420.0M |
| YoY Growth | 6.7% | 7.2% | 5.6% | 5.1% | 3.7% | 3.2% | 4.5% | 6.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.78B | $12.68B | $13.08B | $12.13B | $12.49B | $12.79B | $12.91B | $13.77B |
| Liabilities | $7.27B | $8.06B | $8.43B | $7.54B | $7.56B | $7.83B | $7.90B | $8.73B |
| Equity | $4.13B | $4.25B | $4.27B | $4.22B | $4.55B | $4.58B | $4.63B | $5.04B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $252.1M | $270.4M | $292.4M | $252.5M | $293.4M | $240.3M | $343.2M |