8-K Announcements
6Material company update
May 20, 2026·SEC
Material company update
May 18, 2026·SEC
Material company update
Mar 16, 2026·SEC
Bally's Corporation(BALY)Earnings, Financials & Key Ratios
BALY•NYSE
$12.33
Price updated Jul 7, 2026
AboutBally’s Corporation is a global casino-entertainment company with a growing omni-channel presence, currently owning and managing 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and having access to OSB licenses in 18 states. The recent acquisition of Aspers Casino in Newcastle, UK, further expands its international footprint and enhances its diverse entertainment offerings. It also owns Bally’s Interactive International, formerly Gamesys Group, a leading, global, interactive gaming operator, Bally Bet, a first-in-class sports betting platform, and Bally Casino, a growing iCasino platform. With 10,600 employees, the Company’s casino operations include approximately 15,300 slot machines, 580 table games, and 3,800 hotel rooms. Bally’s also has rights to developable land in Las Vegas post the closure of the Tropicana. Upon completion of the announced merger with The Queen Casino & Entertainment Inc. (“Queen”), the above portfolio is expected to be supplemented with four additional casinos across three states, one of which will be an additional state that expands Bally’s jurisdiction of operations to include the state of Iowa. Queen will also add over 900 employees, and operations that currently include approximately 2,400 slot machines, 50 table games, and 150 hotel rooms to the Bally’s portfolio. Bally’s will also become the successor of Queen’s significant economic stake in a global lottery management and services business through its investment in Intralot S.A. (ATSE: INLOT).Show more
- Revenue$2.66B+8.4%
- EBITDA$344M+737.6%
- Net Income-$701M-23.5%
- EPS (Diluted)-14.45-23.4%
- Gross Margin42.96%-20.7%
- EBITDA Margin12.96%+672.5%
- Operating Margin1.08%+110.3%
- Net Margin-26.39%-13.9%
- ROE-54.44%+68.0%
BALY Price & Volume
Bally's Corporation (BALY) stock price & volume — 10-year historical chart
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Aggressive Capital Expansion Masks Persistent Operational Losses
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Accelerating
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Capital intensive project execution
Key Thesis Takeaways
- Bally's Corporation faces a challenging fundamental outlook characterized by aggressive, debt-fueled expansion that has yet to translate into sustainable profitability.
- While top-line revenue grew by 28.3% in 2026Q1, the company's reliance on capital-intensive projects like the Chicago casino creates significant execution risk and liquidity pressure.
- Investors should monitor the company's ability to manage its $2.3 billion debt load and $3.4 billion in goodwill, as persistent net losses and negative free cash flow margins of -24.3% threaten long-term solvency.
Verdict Logic
the company's inability to generate positive net income, combined with a 2026Q1 free cash flow margin of -24.3%, suggests that the current capital allocation strategy is unsustainable without further external financing.
BALY Growth Metrics
Bally's Corporation (BALY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years48.11%
3 Years5.61%
TTM16.6%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-106.29%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-15.44%
Return on Capital
10 Years6.65%
5 Years-1.02%
3 Years-0.81%
Last Year0.39%
BALY Recent Earnings
Bally's Corporation (BALY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
May 18, 2026Metric
Actual
Est
EPS
$2.69-169.2%
$1.00
Rev
$756M-1.8%
$770M
Q2 2026
Mar 16, 2026Metric
Actual
Est
EPS
$0.57+22.3%
$0.73
Rev
$746M+16.9%
$638M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$1.70-139.4%
$0.71
Rev
$664M-0.9%
$669M
Q3 2025
Aug 11, 2025Metric
Actual
Est
EPS
$3.76-623.1%
$0.52
Rev
$658M-0.4%
$660M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 18, 2026 | $2.69vs $1.00-169.2% | $756Mvs $770M-1.8% |
| Q2 2026 | Mar 16, 2026 | $0.57vs $0.73+22.3% | $746Mvs $638M+16.9% |
| Q4 2025 | Nov 12, 2025 | $1.70vs $0.71-139.4% | $664Mvs $669M-0.9% |
| Q3 2025 | Aug 11, 2025 | $3.76vs $0.52-623.1% | $658Mvs $660M-0.4% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Bally's Corporation (BALY)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $12.33 | $606.17M | -0.85 | 8.42% | -26.39% | -54.44% | — | |
| $30.35 | $6.18B | -12.54 | 2.14% | -4.19% | -12.62% | — | |
| $88.67 | $6.59B | 3.93 | 4.12% | 44.84% | 79.86% | — | |
| $66.16 | $3.88B | 21.21 | 3.74% | 9.21% | 61.67% | — | |
| $126.80 | $2.25B | 23.35 | 4.39% | 19.62% | 19.97% | — | |
| $1.29 | $36.34M | -0.63 | -0.51% | -9.88% | -728.17% | — |
Compare BALY vs Peers
Bally's Corporation (BALY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BALY SEC Filings & Documents
Bally's Corporation (BALY) SEC filings — annual & quarterly reports (10-K, 10-Q)
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BALY Frequently Asked Questions
Bally's Corporation (BALY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Bally's Corporation's revenue?
Bally's Corporation (BALY) reported $2.82B in revenue for fiscal year 2025. This represents a 581% increase from $414.8M in 2016.
How fast is Bally's Corporation growing?
Bally's Corporation (BALY) grew revenue by 8.4% over the past year. This is steady growth.
Is BALY profitable?
Bally's Corporation (BALY) reported a net loss of $846.5M for fiscal year 2025.
Dividend & Returns
What is BALY's return on equity?
Bally's Corporation (BALY) has a return on equity (ROE) of -54.4%. Negative ROE indicates the company is unprofitable.
What is Bally's Corporation's free cash flow?
Bally's Corporation (BALY) had negative free cash flow of $374.3M in fiscal year 2025, likely due to heavy capital investments.