Light & Wonder annual gross margin
2008
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2022
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2024
2025
Light & Wonder Gross Margin Growth & History (LAWIL)
Light & Wonder's gross margin was 73.30% for fiscal 2025.
View full Light & Wonder company overviewLight & Wonder annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 73.30% | +2.50 pp |
| 2024 | 2024-12-31 | 70.80% | +0.84 pp |
| 2023 | 2023-12-31 | 69.95% | −0.67 pp |
| 2022 | 2022-12-31 | 70.62% | — |
| 2019 | 2019-12-31 | 46.23% | −16.45 pp |
| 2018 | 2018-12-31 | 62.68% | +0.43 pp |
| 2017 | 2017-12-31 | 62.26% | +0.62 pp |
| 2016 | 2016-12-31 | 61.63% | +1.65 pp |
| 2015 | 2015-12-31 | 59.98% | +7.53 pp |
| 2014 | 2014-12-31 | 52.45% | +6.69 pp |
| 2013 | 2013-12-31 | 45.76% | +1.58 pp |
| 2012 | 2012-12-31 | 44.18% | −0.19 pp |
| 2011 | 2011-12-31 | 44.37% | +3.52 pp |
| 2010 | 2010-12-31 | 40.85% | +0.08 pp |
| 2009 | 2009-12-31 | 40.77% | −51.55 pp |
| 2008 | 2008-12-31 | 92.33% | — |
Light & Wonder quarterly gross margin
Q2.09
Q3.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
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Q2.13
Q3.13
Q4.13
Q1.14
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Q4.16
Q1.17
Q2.17
Q3.17
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Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 74.64% | +1.71 pp |
| Q1 2026 | 2026-03-31 | 75.44% | +2.70 pp |
| Q4 2025 | 2025-12-31 | 73.26% | +2.12 pp |
| Q3 2025 | 2025-09-30 | 74.20% | +4.31 pp |
| Q2 2025 | 2025-06-30 | 72.93% | +1.78 pp |
| Q1 2025 | 2025-03-31 | 72.74% | +1.71 pp |
| Q4 2024 | 2024-12-31 | 71.14% | — |
| Q3 2024 | 2024-09-30 | 69.89% | — |
| Q2 2024 | 2024-06-30 | 71.15% | — |
| Q1 2024 | 2024-03-31 | 71.03% | — |
| Q4 2021 | 2021-12-31 | 70.69% | +4.65 pp |
| Q3 2021 | 2021-09-30 | 71.61% | +6.80 pp |
| Q2 2021 | 2021-06-30 | 72.63% | +17.44 pp |
| Q1 2021 | 2021-03-31 | 71.96% | +4.74 pp |
| Q4 2020 | 2020-12-31 | 66.04% | +5.32 pp |
| Q3 2020 | 2020-09-30 | 64.81% | +1.89 pp |
| Q2 2020 | 2020-06-30 | 55.19% | −6.82 pp |
| Q1 2020 | 2020-03-31 | 67.22% | +3.90 pp |
| Q4 2019 | 2019-12-31 | 60.72% | −0.79 pp |
| Q3 2019 | 2019-09-30 | 62.92% | −0.41 pp |
| Q2 2019 | 2019-06-30 | 62.01% | −0.59 pp |
| Q1 2019 | 2019-03-31 | 63.32% | −0.10 pp |
| Q4 2018 | 2018-12-31 | 61.51% | −0.23 pp |
| Q3 2018 | 2018-09-30 | 63.34% | +1.16 pp |
| Q2 2018 | 2018-06-30 | 62.60% | −1.00 pp |
| Q1 2018 | 2018-03-31 | 63.42% | +2.02 pp |
| Q4 2017 | 2017-12-31 | 61.74% | +1.55 pp |
| Q3 2017 | 2017-09-30 | 62.18% | +0.28 pp |
| Q2 2017 | 2017-06-30 | 63.60% | +1.48 pp |
| Q1 2017 | 2017-03-31 | 61.40% | −1.02 pp |
| Q4 2016 | 2016-12-31 | 60.18% | +4.06 pp |
| Q3 2016 | 2016-09-30 | 61.90% | −0.87 pp |
| Q2 2016 | 2016-06-30 | 62.12% | +1.93 pp |
| Q1 2016 | 2016-03-31 | 62.42% | +1.19 pp |
| Q4 2015 | 2015-12-31 | 56.12% | +4.72 pp |
| Q3 2015 | 2015-09-30 | 62.78% | +10.71 pp |
| Q2 2015 | 2015-06-30 | 60.19% | +6.34 pp |
| Q1 2015 | 2015-03-31 | 61.23% | +8.33 pp |
| Q4 2014 | 2014-12-31 | 51.40% | +2.93 pp |
| Q3 2014 | 2014-09-30 | 52.07% | +6.04 pp |
| Q2 2014 | 2014-06-30 | 53.85% | +10.62 pp |
| Q1 2014 | 2014-03-31 | 52.90% | +9.68 pp |
| Q4 2013 | 2013-12-31 | 48.47% | +3.41 pp |
| Q3 2013 | 2013-09-30 | 46.03% | +2.53 pp |
| Q2 2013 | 2013-06-30 | 43.23% | −1.19 pp |
| Q1 2013 | 2013-03-31 | 43.21% | −0.47 pp |
| Q4 2012 | 2012-12-31 | 45.06% | +1.86 pp |
| Q3 2012 | 2012-09-30 | 43.50% | −0.53 pp |
| Q2 2012 | 2012-06-30 | 44.42% | −1.57 pp |
| Q1 2012 | 2012-03-31 | 43.69% | +0.56 pp |
| Q4 2011 | 2011-12-31 | 43.20% | −0.02 pp |
| Q3 2011 | 2011-09-30 | 44.02% | +4.12 pp |
| Q2 2011 | 2011-06-30 | 45.99% | +3.06 pp |
| Q1 2011 | 2011-03-31 | 43.13% | +2.58 pp |
| Q4 2010 | 2010-12-31 | 43.22% | — |
| Q3 2010 | 2010-09-30 | 39.91% | −55.70 pp |
| Q2 2010 | 2010-06-30 | 42.93% | −54.87 pp |
| Q1 2010 | 2010-03-31 | 40.54% | — |
| Q3 2009 | 2009-09-30 | 95.60% | — |
| Q2 2009 | 2009-06-30 | 97.79% | — |
Light & Wonder gross margin trends
Between the periods ended 2008-12-31 and 2025-12-31, Light & Wonder's gross margin decreased from 92.33% to 73.30%, a change of −19.03 percentage points. The latest reported quarter, Q2 2026, shows 74.64%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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