LNW Price sensitive 5 Nov 2026, 8:20 AM

LNW Q3 2026 Earnings Presentation

Light & Wonder Inc

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.

Summary generated by a large language model. Please interpret with care.

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