"For the three months ended December 31, Boyd, which operates casinos and resorts across the United States, generated $1.1 billion in revenue. That was up from roughly $1 billion in the same period a year earlier. Net income for the quarter, however, declined to $140.4 million, or $1.79 per share, from $170.5 million, or $1.92 per share, in the fourth quarter of 2024. Adjusted earnings totaled $173.5 million, or $2.21 per share, essentially flat with last year."
"For the full year 2025, Boyd reported revenue of $4.1 billion, up from $3.9 billion in 2024. Net income surged to $1.8 billion, or $22.56 per share, compared with $578.0 million, or $6.19 per share, a year earlier. The jump in annual profit was largely the result of a $1.4 billion after-tax gain tied to the sale of the company's equity interest in sports betting and online gaming operator FanDuel."
Boyd generated $1.1 billion in revenue for the three months ended December 31, up from roughly $1 billion a year earlier. Quarterly net income declined to $140.4 million ($1.79 per share) from $170.5 million ($1.92). Adjusted fourth-quarter earnings were $173.5 million ($2.21 per share), essentially flat year-over-year. Full-year revenue rose to $4.1 billion from $3.9 billion. Full-year net income increased to $1.8 billion ($22.56 per share) from $578.0 million ($6.19), driven largely by a $1.4 billion after-tax gain from the sale of Boyd’s equity interest in FanDuel. Adjusted EBITDAR totaled $1.4 billion, unchanged, and adjusted earnings were $604.6 million ($7.40 per share). Gaming and food & beverage showed modest gains while rooms declined about 6.5 percent, with officials noting broad room visit declines across Nevada and regional properties.
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