vs
Side-by-side financial comparison of FULL HOUSE RESORTS INC (FLL) and SONIDA SENIOR LIVING, INC. (SNDA). Click either name above to swap in a different company.
SONIDA SENIOR LIVING, INC. is the larger business by last-quarter revenue ($97.7M vs $75.4M, roughly 1.3× FULL HOUSE RESORTS INC). FULL HOUSE RESORTS INC runs the higher net margin — -16.4% vs -30.5%, a 14.1% gap on every dollar of revenue. On growth, SONIDA SENIOR LIVING, INC. posted the faster year-over-year revenue change (6.2% vs 3.4%). FULL HOUSE RESORTS INC produced more free cash flow last quarter ($10.7M vs $-9.3M). Over the past eight quarters, SONIDA SENIOR LIVING, INC.'s revenue compounded faster (20.3% CAGR vs 3.9%).
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.
Sonida Senior Living, Inc. is a leading owner, operator and investor in senior housing communities in the United States in terms of resident capacity. The company and its predecessors have provided senior housing since 1990. As of June 1, 2025, the company operated 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,000+ residents, including 83 senior housing communities that the company owns and 13 communities that the company manages on behalf of third ...
FLL vs SNDA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.4M | $97.7M |
| Net Profit | $-12.4M | $-29.8M |
| Gross Margin | 93.1% | — |
| Operating Margin | -1.3% | -30.8% |
| Net Margin | -16.4% | -30.5% |
| Revenue YoY | 3.4% | 6.2% |
| Net Profit YoY | -0.6% | -441.0% |
| EPS (diluted) | $-0.35 | $-1.73 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $75.4M | $97.7M | ||
| Q3 25 | $78.0M | $98.0M | ||
| Q2 25 | $73.9M | $93.5M | ||
| Q1 25 | $75.1M | $91.9M | ||
| Q4 24 | $73.0M | $91.9M | ||
| Q3 24 | $75.7M | $74.8M | ||
| Q2 24 | $73.5M | $70.2M | ||
| Q1 24 | $69.9M | $67.4M |
| Q4 25 | $-12.4M | $-29.8M | ||
| Q3 25 | $-7.7M | $-26.9M | ||
| Q2 25 | $-10.4M | $-1.6M | ||
| Q1 25 | $-9.8M | $-12.5M | ||
| Q4 24 | $-12.3M | $-5.5M | ||
| Q3 24 | $-8.5M | $-13.8M | ||
| Q2 24 | $-8.6M | $-9.8M | ||
| Q1 24 | $-11.3M | $27.0M |
| Q4 25 | 93.1% | — | ||
| Q3 25 | 93.2% | — | ||
| Q2 25 | 93.5% | — | ||
| Q1 25 | 93.4% | — | ||
| Q4 24 | 92.1% | — | ||
| Q3 24 | 92.2% | — | ||
| Q2 24 | 92.4% | — | ||
| Q1 24 | 92.3% | — |
| Q4 25 | -1.3% | -30.8% | ||
| Q3 25 | 4.4% | -27.8% | ||
| Q2 25 | -0.1% | -2.0% | ||
| Q1 25 | 1.0% | 21.9% | ||
| Q4 24 | -1.9% | -6.7% | ||
| Q3 24 | 3.2% | -19.0% | ||
| Q2 24 | 3.2% | -13.9% | ||
| Q1 24 | -0.9% | 22.1% |
| Q4 25 | -16.4% | -30.5% | ||
| Q3 25 | -9.8% | -27.4% | ||
| Q2 25 | -14.0% | -1.7% | ||
| Q1 25 | -13.0% | -13.6% | ||
| Q4 24 | -16.9% | -6.0% | ||
| Q3 24 | -11.2% | -18.4% | ||
| Q2 24 | -11.7% | -14.0% | ||
| Q1 24 | -16.1% | 40.1% |
| Q4 25 | $-0.35 | $-1.73 | ||
| Q3 25 | $-0.21 | $-1.56 | ||
| Q2 25 | $-0.29 | $-0.16 | ||
| Q1 25 | $-0.27 | $-0.77 | ||
| Q4 24 | $-0.34 | $-0.86 | ||
| Q3 24 | $-0.24 | $-0.98 | ||
| Q2 24 | $-0.25 | $-0.86 | ||
| Q1 24 | $-0.33 | $2.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.7M | $11.0M |
| Total DebtLower is stronger | $473.6M | $689.7M |
| Stockholders' EquityBook value | $2.5M | $-11.0K |
| Total Assets | $649.8M | $844.8M |
| Debt / EquityLower = less leverage | 186.62× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.7M | $11.0M | ||
| Q3 25 | $30.9M | $17.0M | ||
| Q2 25 | $32.1M | $14.1M | ||
| Q1 25 | $30.7M | $14.0M | ||
| Q4 24 | $40.2M | $17.0M | ||
| Q3 24 | $25.9M | $24.9M | ||
| Q2 24 | $31.1M | $9.5M | ||
| Q1 24 | $25.7M | $24.2M |
| Q4 25 | $473.6M | $689.7M | ||
| Q3 25 | $473.1M | $684.4M | ||
| Q2 25 | $467.5M | $677.9M | ||
| Q1 25 | $471.7M | $650.9M | ||
| Q4 24 | $468.1M | $651.4M | ||
| Q3 24 | $467.4M | $604.1M | ||
| Q2 24 | $466.6M | $583.8M | ||
| Q1 24 | $465.9M | $578.1M |
| Q4 25 | $2.5M | $-11.0K | ||
| Q3 25 | $14.2M | $29.8M | ||
| Q2 25 | $21.2M | $56.7M | ||
| Q1 25 | $31.0M | $58.8M | ||
| Q4 24 | $40.5M | $71.8M | ||
| Q3 24 | $51.8M | $77.5M | ||
| Q2 24 | $59.5M | $-34.1M | ||
| Q1 24 | $67.3M | $-41.4M |
| Q4 25 | $649.8M | $844.8M | ||
| Q3 25 | $644.4M | $854.8M | ||
| Q2 25 | $651.5M | $849.8M | ||
| Q1 25 | $657.2M | $824.5M | ||
| Q4 24 | $673.3M | $841.9M | ||
| Q3 24 | $668.7M | $796.2M | ||
| Q2 24 | $673.9M | $652.2M | ||
| Q1 24 | $670.4M | $636.3M |
| Q4 25 | 186.62× | — | ||
| Q3 25 | 33.30× | 22.99× | ||
| Q2 25 | 22.04× | 11.96× | ||
| Q1 25 | 15.22× | 11.08× | ||
| Q4 24 | 11.56× | 9.07× | ||
| Q3 24 | 9.02× | 7.79× | ||
| Q2 24 | 7.85× | — | ||
| Q1 24 | 6.92× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.0M | $-400.0K |
| Free Cash FlowOCF − Capex | $10.7M | $-9.3M |
| FCF MarginFCF / Revenue | 14.1% | -9.5% |
| Capex IntensityCapex / Revenue | 1.8% | 9.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-2.7M | $-8.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.0M | $-400.0K | ||
| Q3 25 | $-472.0K | $12.0M | ||
| Q2 25 | $7.9M | $8.9M | ||
| Q1 25 | $-9.5M | $3.8M | ||
| Q4 24 | $14.8M | $-3.1M | ||
| Q3 24 | $-6.7M | $3.0M | ||
| Q2 24 | $10.1M | $2.5M | ||
| Q1 24 | $-4.4M | $-4.1M |
| Q4 25 | $10.7M | $-9.3M | ||
| Q3 25 | $-5.5M | $3.0M | ||
| Q2 25 | $4.5M | $1.9M | ||
| Q1 25 | $-12.3M | $-4.5M | ||
| Q4 24 | $6.9M | $-10.4M | ||
| Q3 24 | $-17.4M | $-5.1M | ||
| Q2 24 | $-1.2M | $-1.7M | ||
| Q1 24 | $-27.0M | $-9.9M |
| Q4 25 | 14.1% | -9.5% | ||
| Q3 25 | -7.1% | 3.0% | ||
| Q2 25 | 6.1% | 2.1% | ||
| Q1 25 | -16.4% | -4.9% | ||
| Q4 24 | 9.4% | -11.3% | ||
| Q3 24 | -23.0% | -6.8% | ||
| Q2 24 | -1.6% | -2.4% | ||
| Q1 24 | -38.7% | -14.6% |
| Q4 25 | 1.8% | 9.1% | ||
| Q3 25 | 6.5% | 9.2% | ||
| Q2 25 | 4.5% | 7.5% | ||
| Q1 25 | 3.8% | 9.1% | ||
| Q4 24 | 10.9% | 7.9% | ||
| Q3 24 | 14.1% | 10.8% | ||
| Q2 24 | 15.4% | 5.9% | ||
| Q1 24 | 32.4% | 8.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLL
| Midwest And South | $58.2M | 77% |
| Food And Beverage | $9.7M | 13% |
| Other Operations | $3.6M | 5% |
| Other | $2.3M | 3% |
| Contracted Sports Wagering | $1.7M | 2% |
SNDA
| Health Care Resident Service | $86.3M | 88% |
| Community Reimbursement Revenue | $10.3M | 11% |
| Management Service | $1.1M | 1% |
