StockWatch
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Hotels/Resorts
Quarterly ResultAug 6, 2026, 04:31 PM

PENN Entertainment Q2 Revenue $1.86B, Swings to Profit with EPS $0.24

AI Summary

PENN Entertainment reported Q2 2026 revenues of $1.86 billion, an increase from $1.77 billion in the prior year. The company swung to a net income of $33.1 million, or $0.24 diluted EPS, compared to a net loss of $17.4 million, or $(0.12) diluted EPS, in Q2 2025. For the six months ended June 30, 2026, net cash provided by operating activities significantly increased to $363.1 million from $220.1 million in the same period last year, while long-term debt decreased.

Key Highlights

  • Q2 2026 Total Revenues: $1.86 billion, up from $1.77 billion in Q2 2025.
  • Q2 2026 Net Income: $33.1 million, compared to a $(17.4) million loss in Q2 2025.
  • Q2 2026 Diluted EPS: $0.24, a swing from $(0.12) in Q2 2025.
  • Six-month Net Cash from Operations: $363.1 million, up from $220.1 million.
  • Interactive segment revenue for Q2 2026: $349.4 million, up from $316.1 million.
  • Advertising expenses for Q2 2026: $42.8 million, down from $85.5 million.
  • Long-term debt (net) decreased to $2.74 billion from $2.85 billion.