AI brief of an SEC Form 8-K · Boyd Gaming (BYD)

Boyd Gaming Q1 revenue rises to $997.4 million; adjusted EBITDAR falls to $317.4 million

Mixed Impact 3 of 5 earnings Written later

Boyd Gaming reported first-quarter 2026 revenue of $997.4 million, up from $991.6 million a year earlier, and GAAP net income of $105.5 million, or $1.37 per share, up from $1.31. Adjusted EBITDAR fell to $317.4 million from $337.5 million, and adjusted earnings per share were $1.60 versus $1.62, so headline profit measures moved in different directions. The company also raised its quarterly dividend to $0.20 per share from $0.18 and said its board added $500 million to its share repurchase authorization.

Key points

  • Revenue: $997.4 million for Q1 2026, versus $991.6 million in Q1 2025
  • Net income: $105.5 million, or $1.37 per diluted share, versus $111.4 million, or $1.31, a year earlier
  • Adjusted EBITDAR: $317.4 million versus $337.5 million; adjusted EPS $1.60 versus $1.62
  • Board authorized an additional $500 million for share repurchases on April 8, 2026; quarterly dividend raised to $0.20 per share

The filing

CompanyBoyd Gaming (BYD)
Form8-K, current report
Filed with the SECApr 23, 2026, 4:06 PM ET
Accession number0001437749-26-013177

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits 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 23, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.