LNW - NASDAQ

Light & Wonder, Inc.

LNW·NASDAQ

$99.75

+0.25%

Consumer CyclicalGambling, Resorts & Casinos

Light & Wonder, Inc. develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally. The company's Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to proprietary table games. It also supplies game content, gaming machines; provides table game products and services to licensed gaming entities; and installs and supports casino management systems, such as ongoing hardware and software maintenance and upgrade services of customer casino management systems. The company's SciPlay segment develops and publishes digital games on mobile and web platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. Its iGaming segment provides a suite of digital gaming content, including digital real-money gaming, distribution platforms, content, products, and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. The company also offers software design, development, licensing, maintenance, support services, and technology solutions. Light & Wonder, Inc. was incorporated in 1984 and is based in Las Vegas, Nevada.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$8.43B

EPS3.7700

P/E Ratio26.46

Earnings Date02/24/2026

5.42B

Assets

-2%

3Y-31.0%

5Y-31.0%

10Y-30.0%

4.79B

Total Liabilities

3Y-52.0%

5Y-52.0%

10Y-48.0%

636.00M

Total Equity

-17%

3Y-130.0%

5Y-130.0%

10Y-143.0%

Light & Wonder, Inc. Funding & Solvency Profile

LNW · NASDAQ

Current Assets

Cash & Cash Equivalents196.00M

Net Receivables585.00M

Inventory158.00M

Other Current Assets244.00M

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment330.00M

Goodwill & Intangible Assets3.50B

Long-Term Investments122.00M

Other Non-Current Assets52.00M

Total Non-Current Assets504 M

Total Assets

5.42B

Financial Health Analysis

Current Ratio

1.61x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

7.52x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

448 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

22% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Light & Wonder, Inc. Balance Sheet

LNW • NASDAQ

Light & Wonder, Inc. Balance Sheet	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006	Dec 2005
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	196M	425M	914M	585M	928M	313M	168M	788.8M	115.1M	128.7M	171.8M	153.7M	109M	104.4M	124.3M	260.1M	140.6M	29.4M	27.8M	38.9M
Cash & Short-Term Investments	196M	425M	914M	585M	928M	313M	168M	788.8M	115.1M	128.7M	171.8M	153.7M	109M	104.4M	124.3M	260.1M	140.6M	29.4M	27.8M	38.9M
Net Receivables	585M	506M	455M	423M	438M	755M	713M	684.4M	620.4M	654.8M	657.1M	504.7M	220.2M	182.5M	178.2M	178M	212.5M	203.1M	178.4M	129.3M
Accounts Receivables	585M	506M	455M	423M	438M	755M	713.1M	684.4M	620.4M	654.8M	468.4M	504.7M	220.4M	182.5M	178.2M	178M	212.5M	203.1M	178.4M	129.3M
Inventory	158M	177M	161M	98M	119M	244M	215.6M	243.1M	242.3M	248.5M	265.6M	137.8M	71.3M	81.7M	68.7M	73.9M	75.4M	92.6M	59.5M	40.1M
Prepaids	0.0	0.0	0.0	88M	98M	252M	233M	131.1M	114.1M	123.3M	183.5M	119.3M	46.9M	34.5M	40M	47M	68.9M	56.9M	70M	32M
Other Current Assets	244M	203M	164M	538M	598M	51M	39M	29M	24.7M	20.2M	27.2M	41.9M	37.2M	4.5M	2.4M	113.7M	14.4M	15.9M	9M	14.2M
Total Current Assets	1.2B	1.3B	1.7B	1.7B	2.2B	1.6B	1.4B	1.9B	1.1B	1.2B	1.4B	961.5M	484.9M	409.1M	413.7M	672.7M	511.8M	397.9M	344.7M	254.6M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	330M	288M	253M	264M	294M	605M	547M	568.2M	612.2M	794M	1B	772.6M	376.9M	426.5M	450.6M	468.4M	575.5M	561.6M	450.7M	366.2M
Goodwill	2.9B	2.9B	2.9B	2.9B	2.7B	3.3B	3.3B	3B	2.9B	3B	4.1B	1.2B	801.1M	766.3M	763.9M	772.7M	657.2M	716.9M	633.7M	339.2M
Intangible Assets	615M	763M	942M	1.1B	1.2B	1.8B	2.1B	1.9B	2.2B	2.4B	2.8B	754.6M	84.3M	86.9M	70.6M	79.8M	120.9M	201.3M	157.3M	133.8M
Goodwill & Intangible Assets	3.5B	3.7B	3.9B	4B	4B	5.1B	5.4B	4.9B	5.1B	5.4B	7B	1.9B	885.4M	853.2M	834.5M	852.6M	778.2M	918.2M	791M	473M
Long-Term Investments	122M	0.0	0.0	0.0	262M	273M	298M	253.9M	179.9M	228.5M	288.2M	367.2M	316.2M	340.5M	452.8M	298.1M	317M	0.0	0.0	0.0
Tax Assets	229M	142M	114M	349M	106M	0.0	0.0	0.0	0.0	20.7M	20.4M	22.6M	6.3M	11.2M	0.0	0.0	0.0	85.2M	0.0	0.0
Other Non-Current Assets	52M	103M	87M	1.6B	1.2B	262M	130M	126.7M	112.9M	93.9M	141.9M	178.4M	30M	122.9M	0.0	0.0	0.0	137.2M	173.3M	139.3M
Total Non-Current Assets	4.2B	4.2B	4.3B	6.2B	5.8B	6.2B	6.3B	5.8B	6B	6.6B	8.6B	3.3B	1.7B	1.8B	1.7B	1.6B	1.7B	1.7B	1.4B	918M
Total Assets	5.4B	5.6B	6B	7.9B	8B	7.8B	7.7B	7.7B	7.1B	7.7B	10B	4.2B	2.2B	2.2B	2.2B	2.3B	2.2B	2.1B	1.8B	1.2B
LIABILITIES
CURRENT LIABILITIES
Total Payables	281M	280M	229M	237M	170M	262M	252M	218.1M	214.1M	187.8M	191.5M	154.5M	91.8M	76M	121.5M	126.7M	64.6M	64.1M	60.6M	54.2M
Accounts Payable	216M	241M	154M	204M	150M	226M	225.1M	190.4M	188.9M	159.8M	155.8M	140.9M	80.9M	66.2M	50.6M	57.3M	64.6M	64.1M	60.6M	54.2M
Other Payables	65M	39M	75M	33M	20M	36M	27M	27.7M	25.2M	28M	35.7M	13.6M	11M	9.7M	70.9M	69.4M	0.0	0.0	0.0	0.0
Accrued Expenses	254M	211M	207M	242M	209M	232M	214M	235.5M	219.7M	288.2M	244.8M	152.8M	77.7M	63.4M	73M	60.9M	152.7M	148.5M	112.8M	71.4M
Short Term Debt	23M	22M	24M	44M	44M	45M	45M	40.3M	49.3M	50.3M	50.6M	30.4M	16.5M	26.2M	8.4M	24.8M	43.4M	4.9M	3.1M	6.1M
Capital Lease Obligations (Current)	16M	19M	17M	16M	16M	26M	-26.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	65M	39M	75M	33M	20M	36M	27M	27.7M	25.2M	28M	35.7M	13.6M	11M	9.7M	7M	7.3M	0.0	0.0	0.0	0.0
Deferred Revenue	21M	25M	32M	31M	28M	107M	116M	97.7M	74.7M	47.5M	55.9M	39.1M	28.1M	20M	0.0	0.0	0.0	0.0	17.5M	8.9M
Other Current Liabilities	140M	139M	113M	404M	365M	94M	120M	148.2M	134.6M	80.1M	113M	74.8M	42.2M	51.6M	-7M	12.8M	0.0	0.0	0.0	779K
Total Current Liabilities	735M	696M	622M	974M	832M	766M	747.3M	739.8M	692.4M	653.9M	660.3M	457.1M	256.3M	237.1M	196M	225.2M	260.7M	217.5M	194M	141.4M
NON-CURRENT LIABILITIES
Long Term Debt	3.8B	3.9B	3.9B	8.6B	9.3B	8.7B	9B	8.7B	8B	8.2B	8.3B	3.2B	1.5B	1.4B	1.4B	1.3B	1.2B	1.1B	913.3M	574.7M
Deferred Tax Liabilities (Non-Current)	12M	20M	87M	35M	46M	91M	107.6M	73.1M	70.2M	228.2M	628.8M	138M	62.3M	56.3M	60.9M	37.4M	33.8M	51.7M	43.1M	9.8M
Other Non-Current Liabilities	160M	180M	232M	294M	328M	292M	334M	203.1M	235.6M	188.9M	236.8M	109.6M	51.8M	60.4M	53.8M	67.2M	96M	97M	81.1M	59.9M
Total Non-Current Liabilities	4.1B	4.1B	4.2B	9B	9.7B	9.2B	9.4B	9B	8.3B	8.6B	9.1B	3.4B	1.6B	1.5B	1.5B	1.4B	1.3B	1.2B	1B	644.3M
Capital Lease Obligations	47M	58M	37M	40M	77M	114M	700K	3M	8.9M	18.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	4.8B	4.8B	4.8B	10B	10.5B	9.9B	10.2B	9.8B	9B	9.2B	10B	3.9B	1.8B	1.7B	1.7B	1.7B	1.6B	1.4B	1.2B	785.7M
SHAREHOLDERS' EQUITY
Treasury Stock	-1.2B	-751M	-580M	-175M	-175M	-175M	-175M	-175.2M	-175.2M	-175.2M	-175.2M	-145.7M	-142.9M	-74.5M	-74.5M	-48.1M	-42.6M	-19.4M	-19.4M	-9.6M
Common Stock	1M	1M	1M	1M	1M	1M	1M	1.1M	1M	1M	1M	1M	1M	982K	975K	939K	926K	934K	916K	899K
Additional Paid-In Capital	1.2B	1.1B	1.4B	1.3B	1.3B	1.2B	835M	807.8M	790.8M	765.9M	743.2M	737.8M	715.9M	693.6M	674.7M	651.3M	628.4M	521.9M	477.3M	425.8M
Retained Earnings	1B	680M	517M	-3.2B	-3.5B	-3B	-2.8B	-2.5B	-2.2B	-1.9B	-470.7M	-236.4M	-206.2M	-143.6M	-131M	18.2M	58.1M	97.3M	33.5M	-33.3M
Accumulated Other Comprehensive Income/Loss	-365M	-283M	-318M	-261M	-218M	-292M	-300M	-199.7M	-333.6M	-222.2M	-94.4M	18.3M	-3M	-32.8M	-17.5M	-2.6M	-48.9M	60.5M	35.9M	3M
Total Stockholders' Equity	636M	765M	990M	-2.3B	-2.7B	-2.2B	-2.5B	-2B	-1.9B	-1.5B	3.9M	375M	364.8M	443.7M	452.7M	619.8M	595.8M	661.2M	528.1M	386.8M
Total Equity	636M	765M	1.2B	-2.1B	-2.5B	-2.1B	-2.5B	-2B	-1.9B	-1.5B	3.9M	375M	364.8M	443.7M	452.7M	619.8M	595.8M	661.2M	528.1M	386.8M
Minority Interest	0.0	0.0	171M	150M	129M	104M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	5.4B	5.6B	6B	7.9B	8B	7.8B	7.7B	7.7B	7.1B	7.7B	10B	4.2B	2.2B	2.2B	2.2B	2.3B	2.2B	2.1B	1.8B	1.2B
Total Investments	122M	0.0	0.0	0.0	262M	273M	298M	253.9M	179.9M	228.5M	288.2M	367.2M	316.2M	340.5M	452.8M	298.1M	317M	0.0	0.0	0.0
Total Debt	3.9B	3.9B	3.9B	8.7B	9.4B	8.8B	9B	8.8B	8.1B	8.2B	8.3B	3.2B	1.5B	1.4B	1.4B	1.4B	1.2B	1.1B	916.4M	580.7M
Net Debt	3.7B	3.5B	3B	8.2B	8.4B	8.5B	8.9B	8B	8B	8.1B	8.1B	3B	1.4B	1.3B	1.3B	1.1B	1.1B	1B	888.6M	541.8M
Shares Outstanding	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759	84,500,759

SEC Filings

LNW - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2025 N/A	November 14, 2025	November 13, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 07, 2025	November 05, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 05, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 05, 2025	November 05, 2025	2025	View Filing
8-K/A 8-K/A 2025 (Amended) N/A	November 04, 2025	June 16, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 14, 2025	October 13, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 10, 2025	October 07, 2025	2025	View Filing
8-K 8-K 2025 N/A	September 24, 2025	September 24, 2025	2025	View Filing
8-K 8-K 2025 N/A	September 12, 2025	September 05, 2025	2025	View Filing
8-K 8-K 2025 N/A	September 10, 2025	September 10, 2025	2025	View Filing

Showing 1 to 10 of 629 filings

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