Light & Wonder, Inc. Reports Second Quarter 2026 Results
Light & Wonder Reports Solid Second Quarter 2026 Results and Reiterates Full-Year 2026 Financial Outlook(1)
Financial Highlights
Net income increased 26% to $120 million, up 38% per share(2), and Consolidated Adjusted EBITDA (“Consolidated AEBITDA”)(3) increased to $383 million, up 9%, driving EPSa(2)(3) growth of 26%.
L&W delivering on strategy to scale high-quality recurring revenue(4), driven by growth across Gaming operations and iGaming during the quarter. North American Gaming operations premium installed base increased by 652 units(5) on a sequential basis (over 2,550 units(5) on a year-over-year basis); and 277 Grover charitable gaming (“Grover”) units added sequentially (1,540+ units on a year-over-year basis), while iGaming continued to deliver strong 1PP content(6) and double-digit year-over-year growth.
