Light & Wonder, Inc.

Light & Wonder, Inc.

LNWO
Light & Wonder, Inc.US flagOther OTC
89.59
USD
-2.98
- -
7.05BMarket Cap
Light & Wonder, Inc.
LNWO
(Other OTC)

Recent

price

89.59

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.52
9.4
10.32
12.83
21.12
32.12
33.03
34.61
36.92
25.68
17.88
22.43
26.44
31.89
35.82
39.93
41.99
Revenue per Share
-1.61
-0.14
-0.7
-0.36
-2.77
-16.23
-4.05
-2.72
-3.86
-1.4
-5.99
3.86
38.68
1.79
3.78
3.33
3.4
Basic EPS, GAAP
0.77
1.33
1
1.06
0.86
3.39
4.8
5.69
3.8
5.87
4.96
7.14
-4.01
6.48
7.1
9.57
11.07
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.93
4.8
4.32
4.4
0.05
-17.29
-22
-22.55
-26.8
-23.53
-27.93
-23.26
10.88
8.5
7.37
3.18
3.95
Book Value per Share
-4.16
-4.45
-7.21
-18.33
-81.65
-79.94
-79.56
-77.05
-85.28
-77.3
-69.62
-64.03
-31.55
-32.7
-33.24
-53.57
-52.32
Tangible Book Value per Share
93
92
90
85
85
86
87
89
91
93
95
96
95
91
89
83
80
Basic Weighted Avg Shares
882
866
929
1,091
1,786
2,759
2,883
3,084
3,363
2,388
1,699
2,153
2,512
2,902
3,188
3,314
3,349
Sales/Revenue/Turnover
7.63
10.88
7.92
0.4
-7.95
- -
8.9
14.27
15.43
13.19
-7.95
12.87
16.68
21.02
23.9
27.22
27.08
Operating Margin (%)
142
119
173
203
454
903
739
683
690
542
449
398
420
384
361
406
441
Depreciation Expense
-149
-13
-63
-30
-234
-1,394
-354
-242
-352
-130
-569
371
3,675
163
336
276
271
Net Income, GAAP
- -
146.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
12.2
20.19
24.38
22.35
Effective Tax Rate (%)
-16.91
-1.46
-6.74
-2.77
-13.12
-50.54
-12.27
-7.85
-10.47
-5.44
-33.49
17.23
146.3
5.62
10.54
8.33
8.09
Profit Margin (%)
218
168
228
506
649
522
424
1,137
622
849
1,349
758
1,072
615
448
480
525
Working Capital
1,388
1,364
1,452
3,162
8,262
8,157
8,025
8,736
8,992
8,768
9,302
8,686
3,907
3,891
3,878
5,139
5,094
LT Debt
453
444
365
375
4
-1,496
-1,936
-2,027
-2,463
-2,108
-2,524
-2,106
1,161
765
636
245
302
Total Equity
- -
-2.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
10.88
13.11
13.56
12.7
Return on Invested Capital (%)
- -
-3.3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.51
12.32
10.26
9.56
Return on Capital (%)
-27.83
-2.81
-15.49
-8.16
-123.67
- -
- -
- -
- -
- -
- -
- -
- -
18.58
47.97
62.66
53.98
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
71
58
63
LT Borrowings
5,110
5,082
5,069
LT Finance Leases
29
28
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
77
79
76
Market Capitalization
7,938
6,554
5,997

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,283
1,205
1,240
Cash, Cash Equivalents & STI
167
147
148
Accounts Receivable, Net
689
614
640
Inventories
169
185
193
Total Current Liabilities
803
676
715
Payables & Accruals
573
618
652
ST Debt
71
58
63
Deferred Revenue
28
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-22.32%
-56.83%
-61.48%
Free Cash Flow
-25.5%
-66.46%
25.63%
Net Income, GAAP
93.19%
143.62%
-17.86%
Sales/Revenue/Turnover
3.54%
14.55%
3.95%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
756
818
817
797
3,188
2025
774
809
841
890
3,314
2026
790
828
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.91
0.91
0.72
1.23
3.78
2025
0.96
1.13
1.36
-0.19
3.33
2026
0.67
1.55
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Light & Wonder, Inc. is a cross-platform global games company that focuses on content and digital markets for licensed gaming entities and retail customers. The company operates through three primary segments: Gaming, SciPlay, and iGaming, providing a broad portfolio of products and services across horizontal and vertical gaming platforms. Its offerings include game content and gaming machines, video gaming terminals and video lottery terminals (including conversion kits and spare parts), table game products such as automatic card shufflers, deck checkers, and roulette chip sorters, as well as social casino and mobile gaming content and distribution services. Light & Wonder maintains manufacturing and development facilities and operations in multiple regions and serves customers worldwide, with a headquarters in Las Vegas, Nevada, United States, and a founding year in the early 2000s as the core lineage of the business, subsequently reorganized under the current corporate structure. The company pursues growth through expanded content libraries, omni-channel deployment strategies, and strategic acquisitions and partnerships to enhance distribution, platform capabilities, and player engagement across North American, European, and international markets. Subsidiaries and international operations augment its footprint, enabling cross-border sales, licensing arrangements, and collaborative development with partners in regulated gaming jurisdictions. Recent strategic actions include ongoing product launches and platform enhancements, partnerships to broaden distribution networks, and selective acquisitions intended to strengthen market position and accelerate growth in both land-based and digital segments. Light & Wonder's product and service scope is designed to meet the needs of casino operators, gaming jurisdictions, and retail customers seeking high-quality, regulated gaming experiences across multiple channels and geographies.

Company News

  • Light & Wonder, Inc. (LNWO) Q2 2026 Earnings Call Transcript

  • Light & Wonder (LNWO) Q2 Earnings Surpass Estimates

  • Light & Wonder (LNWO) Q1 Earnings and Revenues Lag Estimates

  • Mario Cibelli's Strategic Moves: Xometry Inc. Sees a Significant Reduction

  • PLAYSTUDIOS (NASDAQ:MYPS) versus Light & Wonder (NASDAQ:LNW) Critical Analysis

  • Light & Wonder, Inc. (NASDAQ:LNW) Receives Average Rating of “Hold” from Brokerages

  • Critical Review: Light & Wonder (NASDAQ:LNW) & Take-Two Interactive Software (NASDAQ:TTWO)

  • Golden Matrix Group (NASDAQ:GMGI) vs. Light & Wonder (NASDAQ:LNW) Critical Comparison

  • Light & Wonder, Inc. $LNW Shares Acquired by Federated Hermes Inc.

  • Critical Analysis: Galaxy Gaming (OTCMKTS:GLXZ) vs. Light & Wonder (NASDAQ:LNW)

  • Bank of Montreal Can Reduces Holdings in Light & Wonder, Inc. $LNW

  • Light & Wonder, Inc. (LNW) Q3 2025 Earnings Call Transcript

  • Compared to Estimates, Light & Wonder (LNW) Q3 Earnings: A Look at Key Metrics

  • Light & Wonder (LNW) Q3 Earnings Top Estimates

  • Light & Wonder, Inc. Reports Third Quarter 2025 Results

  • Light & Wonder, Inc. (NASDAQ:LNW) Receives Average Recommendation of “Hold” from Analysts

  • Ethic Inc. Lowers Stock Holdings in Light & Wonder, Inc. $LNW

  • Markets Underestimating Light & Wonder Stock's Potential?

  • Light & Wonder Provides Delisting Notice to Nasdaq

  • Light & Wonder Statement on NV Legal Proceedings