What is the primary revenue source for Wynn Resorts (WYNN)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze WYNN's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Wynn Resorts's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Wynn Resorts Makes Money: WYNN Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

The largest revenue segment accounts for 63.35% of revenue, indicating concentration.

Revenue: USD 3.71B
Largest revenue segment share (Casino): 63.35%
Selling, general and administrative: USD 545.32M
Income tax expense: USD 26.29M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Income tax expenseIncome tax expense · IncomeTaxExpenseBenefit
Largest revenue segment share (Casino)Casino · segment_value / revenue * 100
RevenueTotal operating revenues · RevenueFromContractWithCustomerIncludingAssessedTax
Selling, general and administrativeGeneral and administrative · SellingGeneralAndAdministrativeExpense

Assets

Where is the money tied up, and how is the company financed?

Watch

Current assets do not cover near-term liabilities, indicating short-term funding pressure.

Property, plant and equipment: USD 6.61B
Cash and cash equivalents: USD 1.57B
Accounts receivable: USD 336.63M
Total liabilities: USD 14.07B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Total liabilitiesLiabilities · Liabilities
Cash and cash equivalentsCash and cash equivalents · CashAndCashEquivalentsAtCarryingValue
Accounts receivableAccounts receivable, net of allowance for credit losses of $54,886 and $45,645, respectively · ReceivablesNetCurrent
Property, plant and equipmentProperty and equipment, net · PropertyPlantAndEquipmentNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 247.73% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 260.52M
Operating cash flow: USD 645.38M
Cash conversion: 247.73%
Free cash flow: USD 313.29M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet income attributable to wynn resorts, limited - basic · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Cash dividends: USD 95.02M
Share repurchases: USD 165.54M
Stock issuance proceeds: USD 883.00K
Net shareholder return: USD 259.67M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of dividends · PaymentsOfDividends · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsProceeds from exercise of stock options · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?