WYNN · 10-Q · 2026Q3 · Full report

Derivative Fair Value Gains

WYNN RESORTS LTD · 2026-11-05 · Importance 63 · Surprise 64

The company recorded a $100.6 million derivative fair value gain in the first nine months of 2026, compared with a $43.8 million loss in the prior-year period. The 2026 gain included $75.1 million from foreign currency swaps and $31.7 million from the WML Convertible Bonds conversion feature, partly offset by a $7.9 million loss on an interest-rate equity contribution agreement related to Wynn Al Marjan Island. For the third quarter, the derivative gain was $10.5 million, versus a $13.2 million loss in 2025.

Key facts

• Nine-month 2026 derivative fair-value changes generated a $100.6 million gain, including a $75.1 million gain on foreign currency swaps, a $31.7 million gain on the WML Convertible Bonds conversion feature, and a $7.9 million loss on an interest-rate equity contribution agreement with Wynn Al Marjan Island FZ-LLC. source
• Third-quarter 2026 derivative fair-value changes generated a $10.5 million gain, including a $17.5 million foreign currency swaps gain and a $7.9 million loss on an interest-rate equity contribution agreement with Wynn Al Marjan Island FZ-LLC. source