NASDAQ$CZR
Caesars Entertainment Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Caesars Entertainment reported Q4 2025 net revenues of $2.9B with a net loss of $250M.
Fourth-quarter net revenues were $2.9 billion versus $2.8 billion a year ago. The company reported a net loss of $250 million as digital and regional gaming trends mixed with higher interest and project costs.
- Q4 net revenues $2.9B.
- Net loss $250M.
- Las Vegas and regional properties drive mix.
- Capital allocation focused on deleveraging and digital.
Headline financials
Revenue & EPS history
Caesars · Revenue · Quarterly
$2.92B
Revenue by segment
Caesars · $2.91B total across 4 segments · Q2 2025
- Regional$1.44B—49.4%
- Las Vegas$1.05B—36.3%
- Caesars Digital$343M—11.8%
- Managed and Branded$74M—2.5%
Forward guidance
The release discusses Caesars Entertainment's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.
Tailwinds
- Caesars Entertainment cites operational execution and demand trends supporting the outlook.
- Balance sheet and liquidity actions aim to fund growth and returns.
Headwinds
- GAAP profitability remained under pressure in Q4 2025.
- Macro, pricing, and input-cost volatility could pressure margins.
- Segment mix and one-time items may affect quarter-to-quarter comparability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2025
-0.1%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+5.5%
Avg return
30 days after
48%
22 / 46 earnings
Positive
+13.0%
Q4 2025
Best reaction
-15.4%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | +0.3% | +0.3% | +6.3% | |
| Q4 2025 | +13.0% | +6.7% | +41.2% | |
| Q3 2025 | -15.4% | -7.4% | +5.3% | |
| Q1 2025 | -3.3% | -1.3% | -4.0% | |
| Q4 2024 | -0.9% | -9.8% | -26.4% | |
| Q3 2024 | -8.7% | -13.9% | -16.0% | |
| Q2 2024 | +9.4% | -2.4% | +1.8% | |
| Q1 2024 | -3.2% | -6.0% | -15.2% | |
| Q4 2023 | -0.6% | -2.0% | -2.1% | |
| Q3 2023 | -1.5% | +10.8% | +11.5% | |
| Q2 2023 | -6.3% | -6.0% | -6.4% | |
| Q1 2023 | -5.4% | -3.9% | -10.4% | |
| Q4 2022 | +2.3% | -5.2% | -20.3% | |
| Q3 2022 | +0.8% | -2.5% | +18.5% | |
| Q2 2022 | +7.0% | +3.5% | -7.7% | |
| Q1 2022 | -2.9% | -12.3% | -24.1% | |
| Q4 2021 | -0.8% | +6.8% | -0.4% | |
| Q3 2021 | -1.2% | -5.0% | -19.7% | |
| Q2 2021 | -1.7% | +4.6% | +19.7% | |
| Q1 2021 | +6.3% | +9.1% | +13.1% | |
| Q4 2020 | +4.0% | +3.5% | -2.5% | |
| Q3 2020 | +9.0% | +15.5% | +41.5% | |
| Q2 2020 | +4.3% | +6.6% | +40.2% | |
| Q1 2020 | +2.7% | +10.1% | +89.0% | |
| Q4 2019 | -4.2% | -18.3% | -72.8% | |
| Q3 2019 | +0.3% | +6.9% | +10.8% | |
| Q2 2019 | -1.9% | -6.4% | -11.8% | |
| Q1 2019 | -2.2% | -2.0% | -0.4% | |
| Q4 2018 | -5.9% | +0.0% | +4.7% | |
| Q3 2018 | +10.9% | +2.1% | +20.5% | |
| Q2 2018 | -14.2% | -0.7% | +12.1% | |
| Q1 2018 | +0.0% | +4.6% | +12.7% | |
| Q4 2017 | +2.0% | +8.2% | +0.1% | |
| Q3 2017 | +0.0% | +11.3% | +19.1% | |
| Q2 2017 | +1.2% | -3.2% | +12.4% | |
| Q1 2017 | +1.3% | +4.4% | +8.9% | |
| Q4 2016 | +4.5% | +1.8% | +14.5% | |
| Q3 2016 | +2.2% | +16.7% | +53.7% | |
| Q2 2016 | -1.0% | -4.0% | -1.9% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | +0.3% | — | — | |
| Q3 2015 | -10.4% | — | — | |
| Q2 2015 | +8.5% | — | — | |
| Q1 2015 | +6.3% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | -7.9% | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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