WYNN Wynn Resorts
FY2025 10-K
Wynn Resorts (WYNN) filed its fiscal year 2025 10-K annual report with the SEC on Mar 2, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
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
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
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
Financial SummaryXBRL
Revenue
$7.1B
Net Income
$327M
Operating Margin
15.7%
Net Margin
4.6%
ROE
-118.8%
Total Assets
$13.1B
EPS (Diluted)
$3.14
Operating Cash Flow
$1.4B
Source: XBRL data from Wynn Resorts FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Wynn Resorts
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.