WYNN at a glance
Wynn Resorts (WYNN, SEC CIK 1174922) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 22, 2026 and Form 4 insider filings as recently as September 18, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Wynn Resorts (WYNN) reported revenue of $7.1 billion (up 0.1% from FY2024) and net income of $327.3 million. Diluted EPS was $3.14.
- As of June 30, 2026, 30 institutional investment managers tracked by SignalX reported holding Wynn Resorts (WYNN) shares worth $3.6 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by FERTITTA TILMAN J on August 12, 2026 of 100,000 shares at $4.35 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $7.1B
- +0.1% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 30 funds
- $3.6B · −2 vs prior quarter
- Latest 8-K
- Sep 22, 2026
- Item 1.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- Wynn Las Vegas NPA with DOJ/USAO signed Sept 2024; $130M forfeiture plus mandated compliance program enhancements
- Total consolidated debt ~$10.63B as of Dec 31, 2025; subsidiary dividend restrictions limit cash flow to parent
- Macau Operations dependent on PRC/Hong Kong/Taiwan customer base; renminbi export controls and visa restrictions directly threaten visitation
- Gaming concession rescission risk: Macau government can redeem concession from year 8 with 1-year notice; Wynn Macau SA currently in year 4
- All operating cash flow from three properties only: Macau Operations, Las Vegas, and Encore Boston Harbor, with no geographic diversification buffer
Management Discussion & Analysis
- Revenue $7.14B, up 0.1% YoY ($+$10M); casino revenues +3.5% to $4.41B offset by non-casino revenues -4.8% to $2.73B
- Net income attributable to Wynn $327M vs $501M (-34.7%); driven by $101M higher income tax expense and $63.8M drop in interest income
- Best segment: Las Vegas Operations EBITDAR $902M; worst: Encore Boston Harbor $237M, down from $247M (-4.2%)
- Operating cash flow $1.35B; capex $660M; buybacks $380M; dividends $175M; Wynn Al Marjan Island investment $329M
- Forward risk: $425-500M remaining UAE equity commitment; Wynn Al Marjan Island opening 2027; rising U.S. tax burden from One Big Beautiful Bill Act reducing FTC utilization
Business Overview
- Luxury integrated resort operator across Macau (2 properties, ~72% WML stake), Las Vegas, and Encore Boston Harbor
- Wynn Al Marjan Island (UAE, 40% equity stake) under construction; 1,500+ rooms, 225,000 sq ft gaming, 20+ restaurants, opening targeted 2027: first Middle East property
- Macau gaming market revenues grew to $30.9B in 2025 vs $28.4B in 2024; visitation up 14.7% YoY, reinforcing recovery momentum
- 28,500 total employees as of Dec 31, 2025 (~12,000 Macau, ~16,500 US); new UAW and Teamsters CBAs signed at Wynn Las Vegas in 2024
- Las Vegas visitor volume fell 7.5% to 38.5M in 2025 (from 41.7M), with Strip occupancy dropping to 83.2% from 86.4%: notable demand headwind for core US market
AI summary of the WYNN 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $1.857B, up 6.9% YoY from $1.738B
- Wynn Palace strongest segment, revenue $653.4M, up 21.1% YoY
- Encore Boston Harbor weakest segment, revenue $209.3M, down 3.0% YoY
- Casino revenue mix 63.3% vs 60.5% YoY; operating expenses $1.559B, up 5.8%
- Net income $140.1M, up 111.5%; derivative gain $43.3M vs $1.1M loss YoY
- Headwinds: regulation, geopolitical events, competition, labor actions, debt-service and interest-rate risks
Risk Factors
- No material changes to risk factors through June 30, 2026
- Carried-forward risks remain governed by the December 31, 2025 Form 10-K
- Macau regulatory exposure reflected in First Amendment to Land Concession Contract published July 22, 2026
- Share-repurchase liquidity allocation: $326.116 million remaining under authorization at June 30, 2026
AI summary of the WYNN 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 1.01: Entry into a Material Definitive Agreement
- $900 million 6.875% senior notes issued, maturing March 15, 2035
- Proceeds plus cash to redeem 5.250% 2027 WLV Notes, extending maturities and refinancing near-term debt
Item 8.01: Other Events
- $900 million senior notes priced at 6.875%, maturing 2035
- New debt increases Wynn’s long-term interest obligations
Item EX-99.1: Item EX-99.1
- $900 million private offering of 6.875% senior notes due 2035, increasing long-term debt obligations
- Proceeds plus cash on hand intended to redeem all 5.250% Wynn Las Vegas notes due 2027
Item 8.01: Other Events
- Planned $900 million senior-notes offering due 2035, extending Wynn’s debt maturity profile
- Proceeds and cash on hand targeted to redeem all 5.250% Senior Notes due 2027
Item EX-99.1: Item EX-99.1
- $900 million senior notes due 2035, issued through Wynn Resorts Finance and Wynn Resorts Capital
- Proceeds funding full redemption of Wynn Las Vegas’ 2027 notes, plus issuance and redemption expenses
AI summaries of WYNN 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for WYNN
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Billings Craig Scott | A | Sep 17, 2026 | 8,535 | - |
| Billings Craig Scott | A | Sep 17, 2026 | 4,228 | - |
| Fullalove Craig Jeffrey | A | Sep 17, 2026 | 1,691 | - |
| Fullalove Craig Jeffrey | A | Sep 17, 2026 | 3,414 | - |
| KRUM JACQUI | F | Sep 15, 2026 | 2,171 | $86.71 |
| FERTITTA TILMAN J | Sell | Aug 12, 2026 | 100,000 | $4.35 |
| FERTITTA TILMAN J | Sell | Aug 12, 2026 | 100,000 | $4.59 |
| FERTITTA TILMAN J | Sell | Aug 12, 2026 | 100,000 | $4.12 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $7.1B | $7.1B |
| Operating Income | $840.2M | $1.1B | $1.1B |
| Net Income | $730.0M | $501.1M | $327.3M |
| Op. Margin | - | 15.9% | 15.7% |
| Net Margin | - | 7.0% | 4.6% |
| Balance Sheet | |||
| Total Assets | - | $13.0B | $13.1B |
| Equity | - | -$224.2M | -$275.5M |
| ROE | - | -223.5% | -118.8% |
| Per Share | |||
| EPS | - | $4.35 | $3.14 |
| Cash Flow | |||
| Operating CF | $1.2B | $1.4B | $1.4B |
| CapEx | $442.8M | $419.9M | $660.4M |
Source: XBRL data in Wynn Resorts (WYNN)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate WYNN share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 30 | $3.57B |
| Q1 2026 | 32 | $3.50B |
| Q4 2025 | 30 | $3.89B |
| Q3 2025 | 32 | $4.20B |
| Q2 2025 | 31 | $3.40B |
| Q1 2025 | 29 | $2.39B |
| Q4 2024 | 25 | $2.69B |
| Q3 2024 | 22 | $2.01B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 231 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
WYNN filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 22, 2026 | - | Analysis | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 16, 2026 | - | - | - |
| 8-K | Sep 11, 2026 | - | Analysis | - |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| 8-K | Aug 31, 2026 | - | Analysis | - |
| 4 | Aug 14, 2026 | - | - | - |
| 4 | Aug 12, 2026 | - | - | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| SC 13G | Jul 30, 2026 | - | - | |
| 4 | Jul 29, 2026 | - | - | - |
| 4 | Jul 27, 2026 | - | - | - |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 4 | Jul 14, 2026 | - | - | - |
| 4 | Jun 26, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 27, 2026 | - | - | |
| SC 13G | May 15, 2026 | - | - | |
| 4 | May 8, 2026 | - | - |
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WYNN SEC filings: frequently asked questions
Which institutions hold WYNN stock?
As of June 30, 2026, the largest Wynn Resorts (WYNN) holders among the 13F filers tracked by SignalX were BlackRock ($609.6 million), Vanguard Capital Management LLC ($495.0 million), FMR LLC (Fidelity) ($453.0 million), State Street Corp ($295.9 million), Vanguard Portfolio Management LLC ($286.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was WYNN's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Wynn Resorts (WYNN) reported revenue of $7.1 billion (up 0.1% from FY2024) and net income of $327.3 million. Diluted EPS was $3.14. The figures come from the XBRL data in the 10-K.
What are the main risks in WYNN's latest 10-K?
In the 10-K filed March 2, 2026, Wynn Resorts (WYNN) flagged: Wynn Las Vegas NPA with DOJ/USAO signed Sept 2024; $130M forfeiture plus mandated compliance program enhancements. Total consolidated debt ~$10.63B as of Dec 31, 2025; subsidiary dividend restrictions limit cash flow to parent. (AI summary of the Risk Factors section.)
What did WYNN report in its latest 8-K?
Wynn Resorts (WYNN) filed an 8-K on September 22, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). $900 million 6.875% senior notes issued, maturing March 15, 2035.
What are the latest WYNN SEC filings?
Wynn Resorts (WYNN) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on September 22, 2026 and a Form 4 insider filing on September 18, 2026.
What is WYNN's SEC CIK number?
Wynn Resorts (WYNN)'s SEC Central Index Key (CIK) is 1174922. EDGAR lists every WYNN filing under that number.
Ask anything about WYNN
The research agent reads WYNN's filings, financials, insider trades and 13F holders, then answers with sources.