Skip to content

PENN Entertainment, Inc. PENN Location Share Agreements — Cost of revenue

Similar metrics at other companies

Clear Secure logo
YOUCost of revenue share fee
$36.88M+24.7%
Marqeta logo
MQRevenue share payable
$35.62M+122%
Nuvation Bio logo
NUVBCost Of Collaboration And License Agreements Revenue
$5.62M+168%
InterDigital logo
IDCCReporting Segment — Revenue share costs
$27.5M+938%
Travere Therapeutics, Inc. logo
TVTXLicense and collaboration revenue — Cost of goods sold
$0-100%
Dolby Laboratories, Inc. logo
DLBLicensing — Cost of revenue
$24.04M+22.1%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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-K, filed February 26, 2026, on SEC EDGAR. View the filing →

Ask your AI about PENN Entertainment, Inc.'s location share agreements — cost of revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is PENN Entertainment, Inc.'s location share agreements — cost of revenue?
PENN Entertainment, Inc. (PENN) reported location share agreements — cost of revenue of $10.9M in Q4 2025.
How has PENN Entertainment, Inc.'s location share agreements — cost of revenue changed year-over-year?
PENN Entertainment, Inc.'s location share agreements — cost of revenue decreased by 3.1% year-over-year, from $11.25M to $10.9M.
What is the long-term trend for PENN Entertainment, Inc.'s location share agreements — cost of revenue?
Over 4 years (2021 to 2025), PENN Entertainment, Inc.'s location share agreements — cost of revenue has grown at a 0.2% compound annual growth rate (CAGR), from $43.3M to $43.6M.
What does location share agreements — cost of revenue mean?
This metric represents the direct expenses incurred to support revenue-generating activities within the company's location share agreements segment. It encompasses the operational costs associated with maintaining partnerships or contractual arrangements that grant access to specific gaming or wagering locations. Monitoring this cost helps investors evaluate the profitability and operational efficiency of the company's third-party site-based business model.