AI brief of an SEC Form 8-K · Penn Entertainment (PENN)

PENN Entertainment Q1 revenue rises to $1.67 billion; net income $111.5 million

Positive Impact 3 of 5 earnings Written later

PENN Entertainment reported first-quarter 2025 revenue of $1,672.5 million, up from $1,606.9 million a year earlier, and net income of $111.5 million, compared with a net loss of $114.9 million in the prior-year quarter. The result includes a $215.1 million gain on a financing arrangement, and Adjusted EPS was still negative at $(0.25). Shareholders also get an update on buybacks: $35 million repurchased through May 7, 2025, with the company reiterating its goal to repurchase at least $350 million of shares this year.

Key points

  • Revenue of $1,672.5 million for the quarter ended March 31, 2025, versus $1,606.9 million in the prior-year quarter
  • Diluted EPS of $0.68 versus a loss of $0.76; Adjusted EPS of $(0.25) versus $(0.79)
  • Adjusted EBITDA of $173.3 million versus $101.4 million; Interactive segment revenue of $290.1 million versus $207.7 million
  • Repurchased $35 million of shares through May 7, 2025; goal of at least $350 million of repurchases this year reiterated

The filing

CompanyPenn Entertainment (PENN)
Form8-K, current report
Filed with the SECMay 8, 2025, 7:01 AM ET
Accession number0000921738-25-000013

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 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 May 08, 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.