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PENN Entertainment, Inc. PENN Gaming — Cost of revenue

Similar metrics at other companies

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CHDNGaming — Operating expense
$188M-2.1%
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LVSCasino — Cost of revenue
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CHDNGaming — Other Cost and Expense, Operating
$17M0.0%
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CHDNGaming — Gaming Taxes
$75M+4.2%
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CHDNGaming — Food And Beverage Expense
$5M+25.0%
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ZDGaming & Entertainment — Total operating costs and expenses
$32.88M+12.4%

Other financials

Income statement

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Revenue$1.8B+6.4%
Operating income$97.1M+127%
Net income-$2.3M-102%
EPS (diluted)-$0.02-103%

Balance sheet

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Cash & equivalents$708.0M+19.7%
Total debt$8.9B+2.6%
Total equity$1.8B-38.5%
Total assets$14.1B-6.4%

Cash flow

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Operating cash flow$122.4M+192%
CapEx$94.6M-24.4%
Free cash flow$27.8M+133%

Valuation

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Market cap$2.74B-19.5%
Enterprise value$10.9B-3.6%
P/S0.4×-0.1×

Profitability

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Operating margin-8.8%
Net margin-13.5%-15.1pp
FCF margin5.8%-3.3pp

Returns & leverage

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Return on equity-39.9%-43.1pp
Debt / equity4.8×+1.9×
Current ratio0.8×+0.1×

Where this comes from

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

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: PENN Entertainment, Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PENN Entertainment, Inc.'s gaming — cost of revenue?
PENN Entertainment, Inc. (PENN) reported gaming — cost of revenue of $807.9M in Q1 2026.
How has PENN Entertainment, Inc.'s gaming — cost of revenue changed year-over-year?
PENN Entertainment, Inc.'s gaming — cost of revenue decreased by 5.4% year-over-year, from $853.8M to $807.9M.
What is the long-term trend for PENN Entertainment, Inc.'s gaming — cost of revenue?
Over 4 years (2021 to 2025), PENN Entertainment, Inc.'s gaming — cost of revenue has grown at a 7.9% compound annual growth rate (CAGR), from $2.54B to $3.45B.
What does gaming — cost of revenue mean?
Includes the direct costs associated with providing gaming services, such as gaming taxes, payroll for gaming staff, and direct supplies. Monitoring this metric helps assess the direct operational efficiency and the variable cost structure required to support gaming revenue generation. It is a critical component for calculating the gross margin of the gaming segment.