Red Rock Resorts Q3 net income rises 38.8% to $76.9 million; buyback adds $300 million
Red Rock Resorts reported third-quarter 2025 results on October 28, 2025, with net revenues of $475.6 million, up 1.6%, and net income of $76.9 million, up 38.8% from a year earlier. The board also added $300 million to its share repurchase program, extended the program to December 31, 2027, and declared a $0.26 fourth-quarter dividend per Class A share.
Key points
- Net revenues were $475.6 million, up 1.6% or $7.6 million from $468.0 million; adjusted EBITDA was $190.9 million, up 4.5%
- Net income was $76.9 million, up 38.8% or $21.5 million from $55.4 million
- Board authorized an additional $300 million under the $600 million repurchase program; about $573 million remains as of October 28, 2025
- Fourth-quarter dividend of $0.26 per Class A share, payable December 31, 2025 to holders of record on December 15, 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 October 28, 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.