Red Rock Resorts Q1 revenue rises 1.8% to $497.9 million; net income up 9.7%
Red Rock Resorts reported first quarter 2025 net revenues of $497.9 million, up 1.8%, and net income of $86.0 million, up 9.7%, both versus the first quarter of 2024. Adjusted EBITDA rose 2.8% to $215.1 million, and diluted earnings per share were $0.75 compared with $0.68 a year earlier. The Board also declared a $1.00 special dividend and a $0.25 quarterly dividend.
Key points
- Net revenues were $497.9 million, up $9.0 million (1.8%) from $488.9 million; Las Vegas operations contributed $495.0 million.
- Net income was $86.0 million, up 9.7% from $78.4 million; net income attributable to Red Rock Resorts, Inc. was $44.7 million versus $42.8 million.
- Diluted EPS for Class A common stock was $0.75 versus $0.68; Adjusted EBITDA was $215.1 million, up 2.8%.
- A $1.00 special dividend is payable May 21, 2025 (record date May 14, 2025); a $0.25 quarterly dividend is payable June 30, 2025 (record date June 16, 2025).
The filing
Written by AI on Nov 8, 2026, 1:49 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 01, 2025.
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