Source: Gaming and Leisure Properties's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$828.25M
$971.31M
$1.06B
$128.39M
$103.00M
$109.69M
$0
$0
$1.53B
$1.59B
Cost of revenue
—
—
—
$74.70M
$56.70M
$53.04M
$0
$0
—
—
Gross profit
—
—
—
$53.69M
$46.30M
$56.65M
$0
$0
—
—
Operating income
$480.62M
$605.52M
$593.81M
$717.42M
$809.27M
$841.77M
$1.03B
$1.07B
$1.13B
$1.20B
Interest expense
$185.90M
$217.07M
$247.68M
$301.52M
$282.14M
$283.04M
$309.29M
$323.39M
$366.90M
$373.88M
Pre-tax income
$296.85M
$390.38M
$344.48M
$395.64M
$509.59M
$562.43M
$720.34M
$757.37M
$809.78M
$852.59M
Income tax
$7.54M
$9.79M
$4.96M
$4.76M
$3.88M
$28.34M
$17.05M
$2.00M
$2.13M
$2.23M
Net income
$289.31M
$380.60M
$339.52M
$390.88M
$505.71M
$534.05M
$684.65M
$734.28M
$784.62M
$825.11M
EBITDA
$596.34M
$729.35M
$742.17M
$976.39M
$1.05B
$1.09B
$1.28B
$1.35B
$1.40B
$1.48B
EPS (basic)
$1.62
$1.80
$1.59
$1.82
$2.31
$2.27
$2.71
$2.78
$2.87
$2.95
EPS (diluted)
$1.60
$1.79
$1.58
$1.81
$2.30
$2.26
$2.70
$2.77
$2.87
$2.95
Diluted shares
180.62M
212.75M
214.78M
215.79M
219.77M
236.23M
253.85M
264.99M
273.53M
280.04M
Gross margin
—
—
—
41.8%
45.0%
51.6%
—
—
—
—
Operating margin
58.0%
62.3%
56.2%
558.8%
785.7%
767.4%
—
—
73.8%
75.3%
Net margin
34.9%
39.2%
32.2%
304.4%
491.0%
486.9%
—
—
51.2%
51.7%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$36.56M
$29.05M
$25.78M
$26.82M
$486.45M
$724.60M
$239.08M
$683.98M
$462.63M
$224.31M
Short-term investments
—
—
—
—
—
—
—
$0
$560.83M
$0
Goodwill
$75.52M
$75.52M
$16.07M
$16.07M
$0
—
—
—
—
—
Total assets
$7.37B
$7.25B
$8.58B
$8.43B
$9.03B
$10.69B
$10.93B
$11.81B
$13.08B
$12.91B
Short-term debt
$112.00K
—
—
—
—
—
—
—
—
—
Long-term debt
$4.66B
$4.44B
$5.85B
—
$5.75B
$6.55B
$6.13B
$6.63B
$7.74B
$7.20B
Total debt
$4.66B
$4.44B
$5.85B
—
$5.75B
$6.55B
$6.13B
$6.63B
$7.74B
$7.20B
Total liabilities
$4.94B
$4.79B
$6.31B
$6.36B
$6.36B
$7.30B
$6.81B
$7.30B
$8.43B
$7.90B
Shareholders' equity
$2.43B
$2.46B
$2.27B
$2.07B
$2.68B
$3.39B
$4.12B
$4.16B
$4.27B
$4.63B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$514.37M
$598.71M
$654.43M
$750.30M
$428.08M
$803.78M
$920.13M
$1.01B
$1.07B
$1.13B
Capital expenditures
$330.00K
$78.00K
$20.00K
$0
$474.00K
$13.93M
$159.00K
$67.00K
$134.00K
—
Free cash flow
$514.04M
$598.63M
$654.41M
$750.30M
$427.60M
$789.85M
$919.97M
$1.01B
$1.07B
$1.13B
Investing cash flow
-$3.22B
$698.00K
-$1.51B
-$2.82M
-$9.49M
-$1.03B
-$354.49M
-$650.83M
-$1.61B
-$308.76M
Financing cash flow
$2.70B
-$606.91M
$852.08M
-$746.45M
$63.17M
$443.07M
-$1.05B
$86.35M
$311.82M
-$1.06B
Dividends paid
$428.35M
$529.37M
$550.43M
$589.13M
$230.52M
$633.90M
$770.86M
$833.98M
$830.72M
$871.87M
Stock-based compensation
$18.31M
$15.64M
$11.15M
$16.20M
$20.00M
$16.83M
$20.43M
$22.87M
$24.26M
$21.18M
Depreciation & amortization
$115.72M
$123.83M
$148.37M
$258.97M
$243.00M
$252.05M
$254.55M
$276.42M
$273.42M
$282.94M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$369.03M
$375.96M
$380.63M
$385.34M
$389.62M
$395.24M
$394.88M
$397.61M
$407.03M
$419.99M
$430.52M
$435.45M
Operating income
$295.28M
$257.61M
$293.43M
$271.44M
$308.21M
$258.83M
$242.06M
$337.16M
$363.39M
$333.35M
$332.39M
$309.94M
Interest expense
$82.87M
$86.67M
$86.67M
$95.70M
$97.85M
$97.27M
$89.93M
$94.06M
$92.62M
$95.86M
$100.70M
$98.88M
Pre-tax income
$218.21M
$180.16M
$214.82M
$190.62M
$224.18M
$170.92M
$156.71M
$249.04M
$275.92M
$239.96M
$235.54M
$214.36M
Income tax
$957.00K
$637.00K
$412.00K
$515.00K
$565.00K
$564.00K
$545.00K
$560.00K
$560.00K
$560.00K
$601.00K
$534.00K
Net income
$211.29M
$174.46M
$208.25M
$184.69M
$217.21M
$165.18M
$151.44M
$241.19M
$267.30M
$231.83M
$228.42M
$207.64M
EBITDA
$364.29M
$326.24M
$361.97M
$339.49M
$376.41M
$328.12M
$315.57M
$408.91M
$431.81M
$402.66M
$403.25M
$383.51M
EPS (basic)
$0.79
$0.64
$0.77
$0.67
$0.79
$0.60
$0.55
$0.85
$0.95
$0.82
$0.80
$0.71
EPS (diluted)
$0.78
$0.64
$0.77
$0.67
$0.79
$0.60
$0.54
$0.85
$0.95
$0.82
$0.80
$0.71
Diluted shares
1.57M
272.03M
272.06M
274.80M
683.00K
275.40M
277.80M
283.50M
1.24M
283.56M
285.86M
291.07M
Operating margin
80.0%
68.5%
77.1%
70.4%
79.1%
65.5%
61.3%
84.8%
89.3%
79.4%
77.2%
71.2%
Net margin
57.3%
46.4%
54.7%
47.9%
55.8%
41.8%
38.4%
60.7%
65.7%
55.2%
53.1%
47.7%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$683.98M
$211.53M
$94.49M
$494.13M
$462.63M
$168.88M
$604.16M
$751.72M
$224.31M
$274.51M
$319.00M
$165.75M
Short-term investments
$0
$560.83M
$560.83M
$560.83M
$560.83M
$0
$0
$0
$0
—
—
—
Total assets
$11.81B
$11.78B
$11.78B
$12.68B
$13.08B
$12.13B
$12.49B
$12.79B
$12.91B
$13.77B
$14.16B
$14.10B
Long-term debt
$6.63B
$6.63B
$6.63B
$7.41B
$7.74B
$6.89B
$6.89B
$7.20B
$7.20B
$8.08B
$8.08B
$8.08B
Total debt
$6.63B
$6.63B
$6.63B
$7.41B
$7.74B
$6.89B
$6.89B
$7.20B
$7.20B
$8.08B
$8.08B
$8.08B
Total liabilities
$7.30B
$7.29B
$7.27B
$8.06B
$8.43B
$7.54B
$7.56B
$7.83B
$7.90B
$8.73B
$8.77B
$8.74B
Shareholders' equity
$4.16B
$4.13B
$4.13B
$4.25B
$4.27B
$4.22B
$4.55B
$4.58B
$4.63B
$4.63B
$4.98B
$4.96B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$263.00M
$257.87M
$252.09M
$270.40M
$292.41M
$252.49M
$293.38M
$240.31M
$343.24M
$270.23M
$349.60M
$279.69M
Capital expenditures
$67.00K
$13.00K
$7.05M
$8.87M
-$15.80M
$12.91M
$21.03M
$57.29M
—
$111.48M
—
—
Free cash flow
$262.93M
$257.86M
$245.03M
$261.53M
$276.61M
$239.59M
$272.34M
$183.01M
$343.24M
$158.75M
$349.60M
$279.69M
Investing cash flow
-$15.53M
-$448.40M
-$156.36M
-$572.39M
-$428.80M
$534.00M
-$33.65M
-$166.87M
-$642.24M
-$853.54M
-$409.24M
-$186.12M
Financing cash flow
$355.37M
-$281.92M
-$212.77M
$701.63M
$104.88M
-$1.08B
$175.56M
$74.11M
-$228.41M
$633.51M
$104.13M
-$246.82M
Dividends paid
$197.58M
$206.58M
$206.58M
$208.78M
$208.78M
$209.06M
$220.93M
$220.94M
$220.94M
$221.07M
$238.63M
$238.72M
Stock-based compensation
$4.91M
$8.12M
$5.42M
$5.46M
$5.25M
$8.86M
$6.16M
$1.55M
$4.62M
$8.10M
$4.64M
$4.70M
Depreciation & amortization
$69.02M
$68.64M
$68.54M
$68.05M
$68.20M
$69.28M
$73.50M
$71.74M
$68.41M
$69.31M
$70.85M
$73.56M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.