WYNN · 8-K · 20260804PR000051
Operating Expense Trends
WYNN RESORTS LTD · 2026-08-04 · Importance 50 · Surprise 46 · From source text
Total operating expenses increased $86.1 million, or 5.8%, to $1.56 billion in the second quarter of 2026. Casino expenses increased $78.3 million, or 12.2%, to $721.4 million, compared with casino revenue growth of 11.7% to $1.18 billion. Depreciation and amortization increased $12.5 million, or 8.2%, to $165.4 million, while provision for credit losses increased $3.6 million, or 106.7%, to $6.9 million. General and administrative expense decreased $10.7 million, or 3.8%, to $270.1 million, and property charges and other declined $3.6 million to $9.7 million.
Key facts
- Total operating expenses for the three months ended June 30, 2026 were $1,559,345 (in thousands). source
- Casino operating expenses were $721,384 for the three months ended June 30, 2026, up from $643,108 in the three months ended June 30, 2025. source
- Depreciation and amortization expense was $165,421 for the three months ended June 30, 2026. source
- Change in derivatives fair value contributed $43,287 of other income for the three months ended June 30, 2026. source
- Operating income for the three months ended June 30, 2026 was $297,588 (in thousands). source
- Provision for credit losses was $6,930 for the three months ended June 30, 2026, compared to $3,353 for the three months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -4.2% | Casino operating expenses were $721,384 for the three months ended June 30, 2026, up from $643,108 in the three months ended June 30, 2025. |
| operating_income | negative | realized | — | Total operating expenses for the three months ended June 30, 2026 were $1,559,345 (in thousands). |
| operating_income | negative | realized | — | Depreciation and amortization expense was $165,421 for the three months ended June 30, 2026. |