Earnings ·
Light & Wonder, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026
LNWLight & Wonder, Inc.
Light & Wonder, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Consolidated revenue increased 2% year-over-year to $828 million, while net income rose 26% to $120 million, or $1.53 per diluted share. Consolidated Adjusted EBITDA grew 9% to $383 million, and adjusted free cash flow increased 50% to $156 million. The company returned $134 million to shareholders through the repurchase of approximately 1.6 million CDIs during the quarter. Principal debt outstanding was $5.2 billion, resulting in a net leverage ratio of 3.4x as of June 30, 2026. Light & Wonder operates in the global gaming industry, providing casino games, systems, and social/iGaming platforms.