Light & Wonder annual operating expenses
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Light & Wonder Operating Expenses Growth & History (LAWIL)
Light & Wonder's operating expenses was $1.75B for fiscal 2025.
View full Light & Wonder company overviewLight & Wonder annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.75B | $157.0M | +9.88% |
| 2024 | 2024-12-31 | $1.59B | $77.0M | +5.09% |
| 2023 | 2023-12-31 | $1.51B | $11.0M | +0.73% |
| 2022 | 2022-12-31 | $1.50B | — | — |
| 2019 | 2019-12-31 | $814.0M | −$1.03B | −55.81% |
| 2018 | 2018-12-31 | $1.84B | $316.0M | +20.71% |
| 2017 | 2017-12-31 | $1.53B | −$120.5M | −7.32% |
| 2016 | 2016-12-31 | $1.65B | −$1.03B | −38.55% |
| 2015 | 2015-12-31 | $2.68B | $1.57B | +141.44% |
| 2014 | 2014-12-31 | $1.11B | $592.2M | +114.43% |
| 2013 | 2013-12-31 | $517.5M | $170.1M | +48.96% |
| 2012 | 2012-12-31 | $347.4M | $55.4M | +18.97% |
| 2011 | 2011-12-31 | $292.0M | −$4.9M | −1.65% |
| 2010 | 2010-12-31 | $296.9M | −$81.4M | −21.52% |
| 2009 | 2009-12-31 | $378.3M | −$633.0M | −62.59% |
| 2008 | 2008-12-31 | $1.01B | — | — |
Light & Wonder quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $395.0M | $7.0M | +1.80% |
| Q1 2026 | 2026-03-31 | $466.0M | $73.0M | +18.58% |
| Q4 2025 | 2025-12-31 | $570.0M | $172.0M | +43.22% |
| Q3 2025 | 2025-09-30 | $395.0M | −$17.0M | −4.13% |
| Q2 2025 | 2025-06-30 | $388.0M | −$19.0M | −4.67% |
| Q1 2025 | 2025-03-31 | $393.0M | $21.0M | +5.65% |
| Q4 2024 | 2024-12-31 | $398.0M | — | — |
| Q3 2024 | 2024-09-30 | $412.0M | — | — |
| Q2 2024 | 2024-06-30 | $407.0M | — | — |
| Q1 2024 | 2024-03-31 | $372.0M | — | — |
| Q4 2021 | 2021-12-31 | $406.0M | −$38.0M | −8.56% |
| Q3 2021 | 2021-09-30 | $352.0M | $42.0M | +13.55% |
| Q2 2021 | 2021-06-30 | $354.0M | $128.0M | +56.64% |
| Q1 2021 | 2021-03-31 | $322.0M | −$32.0M | −9.04% |
| Q4 2020 | 2020-12-31 | $444.0M | −$184.0M | −29.30% |
| Q3 2020 | 2020-09-30 | $310.0M | −$85.0M | −21.52% |
| Q2 2020 | 2020-06-30 | $226.0M | −$170.0M | −42.93% |
| Q1 2020 | 2020-03-31 | $354.0M | −$53.0M | −13.02% |
| Q4 2019 | 2019-12-31 | $628.0M | $404.2M | +180.61% |
| Q3 2019 | 2019-09-30 | $395.0M | −$330.0M | −45.52% |
| Q2 2019 | 2019-06-30 | $396.0M | −$34.0M | −7.91% |
| Q1 2019 | 2019-03-31 | $407.0M | −$59.0M | −12.66% |
| Q4 2018 | 2018-12-31 | $223.8M | −$187.1M | −45.53% |
| Q3 2018 | 2018-09-30 | $725.0M | $337.5M | +87.10% |
| Q2 2018 | 2018-06-30 | $430.0M | $59.9M | +16.18% |
| Q1 2018 | 2018-03-31 | $466.0M | $108.6M | +30.39% |
| Q4 2017 | 2017-12-31 | $410.9M | −$54.1M | −11.63% |
| Q3 2017 | 2017-09-30 | $387.5M | −$24.7M | −5.99% |
| Q2 2017 | 2017-06-30 | $370.1M | −$23.8M | −6.04% |
| Q1 2017 | 2017-03-31 | $357.4M | −$18.0M | −4.79% |
| Q4 2016 | 2016-12-31 | $465.0M | −$3.0M | −0.64% |
| Q3 2016 | 2016-09-30 | $412.2M | −$997.6M | −70.76% |
| Q2 2016 | 2016-06-30 | $393.9M | −$22.4M | −5.38% |
| Q1 2016 | 2016-03-31 | $375.4M | −$9.8M | −2.54% |
| Q4 2015 | 2015-12-31 | $468.0M | $20.8M | +4.65% |
| Q3 2015 | 2015-09-30 | $1.41B | $1.19B | +528.81% |
| Q2 2015 | 2015-06-30 | $416.3M | $195.4M | +88.46% |
| Q1 2015 | 2015-03-31 | $385.2M | $167.8M | +77.18% |
| Q4 2014 | 2014-12-31 | $447.2M | $184.9M | +70.49% |
| Q3 2014 | 2014-09-30 | $224.2M | $142.0M | +172.75% |
| Q2 2014 | 2014-06-30 | $220.9M | $131.7M | +147.65% |
| Q1 2014 | 2014-03-31 | $217.4M | $133.6M | +159.43% |
| Q4 2013 | 2013-12-31 | $262.3M | $161.2M | +159.45% |
| Q3 2013 | 2013-09-30 | $82.2M | $1.0M | +1.23% |
| Q2 2013 | 2013-06-30 | $89.2M | $200,000 | +0.22% |
| Q1 2013 | 2013-03-31 | $83.8M | $7.7M | +10.12% |
| Q4 2012 | 2012-12-31 | $101.1M | $17.1M | +20.29% |
| Q3 2012 | 2012-09-30 | $81.2M | $4.5M | +5.89% |
| Q2 2012 | 2012-06-30 | $89.0M | $16.6M | +22.88% |
| Q1 2012 | 2012-03-31 | $76.1M | $5.6M | +8.01% |
| Q4 2011 | 2011-12-31 | $84.0M | −$18.7M | −18.16% |
| Q3 2011 | 2011-09-30 | $76.7M | $10.2M | +15.36% |
| Q2 2011 | 2011-06-30 | $72.4M | −$1.1M | −1.46% |
| Q1 2011 | 2011-03-31 | $70.5M | $4.2M | +6.41% |
| Q4 2010 | 2010-12-31 | $102.7M | — | — |
| Q3 2010 | 2010-09-30 | $66.5M | −$132.2M | −66.54% |
| Q2 2010 | 2010-06-30 | $73.5M | −$120.0M | −62.02% |
| Q1 2010 | 2010-03-31 | $66.2M | — | — |
| Q3 2009 | 2009-09-30 | $198.7M | — | — |
| Q2 2009 | 2009-06-30 | $193.5M | — | — |
Light & Wonder operating expenses trends
Between the periods ended 2008-12-31 and 2025-12-31, Light & Wonder's operating expenses increased from $1.01B to $1.75B, a change of $734.7M. The latest reported quarter, Q2 2026, shows $395.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Light & Wonder source filings ↗