AI brief of an SEC Form 8-K · Wynn Resorts (WYNN)

Wynn Resorts Q1 net income falls to $72.7 million as revenue drops $162.5 million

Negative Impact 3 of 5 earnings Written later

Wynn Resorts reported first-quarter 2025 operating revenues of $1.70 billion, down $162.5 million from a year earlier, and net income attributable to the company of $72.7 million, down from $144.2 million. Diluted earnings per share were $0.69, compared with $1.30 in the first quarter of 2024, and the company's board declared a $0.25 per share cash dividend.

Key points

  • Operating revenues were $1.70 billion, down $162.5 million from $1.86 billion in Q1 2024.
  • Diluted net income per share was $0.69, versus $1.30 a year earlier; adjusted net income per diluted share was $1.07, versus $1.59.
  • Adjusted Property EBITDAR was $532.9 million, down from $646.5 million, with Wynn Palace and Wynn Macau among the largest declines.
  • Cash dividend of $0.25 per share is payable May 30, 2025 to holders of record as of May 16, 2025; the company repurchased $200.0 million of stock in the quarter.

The filing

CompanyWynn Resorts (WYNN)
Form8-K, current report
Filed with the SECMay 6, 2025, 4:03 PM ET
Accession number0001174922-25-000083

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 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 06, 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.