Light & Wonder Q3 2026 Earnings Presentation
Key points
- Adjusted Free Cash Flow increased by 21% YoY to $181M
- Consolidated AEBITDA grew by 2% YoY to $383M
- Gaming operations revenue increased by 3% YoY
- SciPlay revenue decreased by 12% YoY to $173M
- Fitch upgraded outlook rating to Positive
Full summary
Light & Wonder's Q3 2026 earnings presentation highlighted a 21% year-over-year (YoY) increase in adjusted free cash flow to $181 million, a 2% YoY rise in consolidated Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (AEBITDA) to $383 million, and a 3% YoY growth in gaming operations revenue. Gaming machine sales increased by 5% YoY, while gaming systems and table products sales declined by 24% and 7% YoY, respectively. SciPlay's revenue decreased by 12% YoY to $173 million, primarily due to continued softness in the social casino market. Direct-to-consumer (DTC) revenue for SciPlay increased by 33% YoY to $53 million, representing 31% of SciPlay's total revenue. The company also announced an upgrade in its outlook rating to Positive by Fitch.
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