Boyd Gaming Q1 revenue rises to $991.6 million; net income falls to $111.4 million
Boyd Gaming reported first-quarter 2025 revenue of $991.6 million, up from $960.5 million a year earlier. Net income attributable to the company fell to $111.4 million, or $1.31 per share, from $136.5 million, or $1.40 per share, while the company's non-GAAP adjusted earnings rose to $137.7 million, or $1.62 per share, from $1.51 per share. The filing contains no updated full-year guidance.
Key points
- Revenue: $991.6 million in Q1 2025 versus $960.5 million in Q1 2024.
- Net income: $111.4 million, or $1.31 per diluted share, versus $136.5 million, or $1.40 per share, a year earlier.
- Adjusted earnings per share: $1.62 versus $1.51 a year earlier; Adjusted EBITDAR rose to $337.5 million from $330.5 million.
- Quarterly dividend of $0.18 per share paid April 15, 2025, up from $0.17; $328 million of shares repurchased in Q1, with about $312 million remaining under the authorization.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.