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Caesars Entertainment, Inc. CZR Managed And Branded — Net revenues

Other segment segments

Regional
$1.57B+9.4%
Las Vegas
$1.02B-3.5%
Caesars Digital
$351M+2.3%

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Other financials

Income statement

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Revenue$3.0B+3.0%
Operating income$513.0M-2.5%
Net income-$62.0M+24.4%
EPS (diluted)-$0.30+23.1%

Balance sheet

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Cash & equivalents$965.0M-1.7%
Total debt$24.9B-1.2%
Total equity$3.4B-13.4%
Total assets$31.7B-2.3%

Cash flow

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Operating cash flow$471.0M+1.9%
CapEx$167.0M-27.4%
Free cash flow$304.0M+31.0%

Valuation

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Market cap$6.12B+18.3%
Enterprise value$30.01B+2.2%
P/S0.5×+0.1×

Profitability

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Operating margin15.9%-4.5pp
Net margin-4%-23.5pp
FCF margin5.2%

Returns & leverage

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Return on equity-12.8%-36.2pp
Debt / equity7.4×+0.9×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Caesars Entertainment, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Caesars Entertainment, Inc.’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001590895-26-000028
(In millions)Las VegasRegionalCaesars DigitalManaged and BrandedCorporate and OtherTotal
Casino$277$1,144$340$(2)$1,759
Food and beverage267160(1)426
Hotel315180495
Other1588611571313
Net revenues$1,017$1,570$351$57$(2)$2,993

Item 1. Unaudited Financial Statements

FAQ

What is Caesars Entertainment, Inc.'s managed and branded — net revenues?
Caesars Entertainment, Inc. (CZR) reported managed and branded — net revenues of $57M in Q2 2026.
How has Caesars Entertainment, Inc.'s managed and branded — net revenues changed year-over-year?
Caesars Entertainment, Inc.'s managed and branded — net revenues decreased by 23.0% year-over-year, from $74M to $57M.
What is the long-term trend for Caesars Entertainment, Inc.'s managed and branded — net revenues?
Over 4 years (2021 to 2025), Caesars Entertainment, Inc.'s managed and branded — net revenues has grown at a 0.1% compound annual growth rate (CAGR), from $278M to $279M.
What does managed and branded — net revenues mean?
This metric represents the total revenue generated from properties managed by the company under its brand portfolio where the company does not necessarily own the underlying real estate. It reflects the scale of the company's asset-light business model and its ability to monetize its brand equity and operational expertise. Growth in this metric indicates successful expansion of management contracts and brand licensing agreements.

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