NASDAQ$GLPI

Gaming and Leisure · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Gaming and Leisure Properties reported Q2 2025 results with total income from real estate of $394.9 million.

GLPI generated $394.9 million in total income from real estate for the three months ended June 30, 2025, up 3.7% year-over-year, driven by recent acquisitions and lease escalations. Net income attributable to common shareholders was $151.4 million, or $0.55 per basic share. The company maintained a strong liquidity position with $604.2 million in cash and cash equivalents.

  • Total income from real estate rose to $394.9 million, supported by $17.5 million from acquisitions and $4.4 million in escalations.
  • Net income declined to $156.2 million due to a $57.5 million increase in credit loss provisions from updated economic forecasts.
  • Adjusted EBITDA reached $361.5 million, reflecting solid operational performance across the lease portfolio.
  • Cash and cash equivalents stood at $604.2 million, providing ample liquidity for ongoing development commitments.

Headline financials

Total Revenue

$395M

Previous: $381M+3.7%
EPS (adj)

$0.55

Previous: $0.77-28.6%
Adjusted EBITDA

$361M

Previous: $340M+6.2%
Capital Expenditures

-$5.16M

Previous: -$202M+97.4%
Net Income

$151M

Previous: $208M-27.3%
Operating Income

$242M

Previous: $293M-17.5%
Cash & Equivalents

$604M

No prior period
Total Assets

$12.5B

Previous: $11.8B+6.1%

Revenue & EPS history

GLPI · Revenue · Quarterly

$395M

Q2 2025+3.7%vs Q2 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

GLPI · $336M total across 4 segments · Q3 2023

  • Building Base Rent
    $276M+21.4%
  • Land Base Rent
    $42M-19.2%
  • Percentage Rent & Other
    $17.8M-52.2%
  • Interest Income RE Loans
    $22K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.2%

Avg return

Earnings day

-0.0%

Avg return

5 days after

-0.7%

Avg return

30 days after

51%

29 / 57 earnings

Positive

+6.3%

Q3 2025

Best reaction

-8.4%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+0.3%+2.9%+2.4%
Q4 2025-0.3%+1.4%-2.8%
Q3 2025+6.3%+5.5%+1.8%
Q1 2025-2.6%-2.4%-5.7%
Q4 2024-0.5%+0.8%+1.6%
Q3 2024-2.3%-0.1%+0.0%
Q2 2024+1.8%+3.5%+4.5%
Q1 2024-2.3%-1.7%+2.8%
Q4 2023+2.4%+2.1%+3.6%
Q3 2023-1.2%+0.6%-0.6%
Q2 2023-3.6%-2.3%-6.9%
Q1 2023+2.3%-0.1%-7.4%
Q4 2022-0.1%+2.0%-6.2%
Q3 2022+4.9%+7.3%+7.7%
Q2 2022+0.3%-0.4%-2.9%
Q1 2022-1.4%-0.5%+5.8%
Q4 2021+2.2%+2.1%+2.5%
Q3 2021-1.3%+0.7%-7.3%
Q2 2021-0.4%-3.2%+2.1%
Q1 2021+1.0%+1.5%+0.7%
Q4 2020-2.4%-0.9%-4.6%
Q3 2020-3.6%-4.6%+10.3%
Q2 2020+2.5%+4.9%+6.2%
Q1 2020-8.4%-10.9%+19.8%
Q4 2019+2.8%-2.1%-60.9%
Q3 2019+2.8%+3.1%+5.3%
Q2 2019+1.0%+1.1%+4.5%
Q1 2019-2.8%-1.2%-1.8%
Q4 2018-0.9%-1.7%-2.1%
Q3 2018-0.4%+0.0%+2.2%
Q2 2018-2.9%-2.9%-1.5%
Q1 2018-0.5%-0.1%+2.0%
Q4 2017-4.4%-4.4%-5.9%
Q3 2017+1.0%+2.0%+0.4%
Q2 2017-1.7%-0.4%+0.4%
Q1 2017+0.3%+1.5%+6.0%
Q4 2016+1.6%+1.3%+3.3%
Q3 2016-2.3%-5.9%-2.4%
Q2 2016+0.7%+0.0%-3.8%
Q1 2016+0.4%
Q4 2015+2.4%
Q3 2015-2.7%
Q2 2015-1.2%
Q1 2015+2.0%
Q4 2014+1.9%
Q3 2014-3.9%
Q2 2013+1.7%
Q2 2014-1.6%
Q1 2014-0.6%
Q4 2012+0.2%
Q4 2011+0.2%
Q3 2012+0.2%
Q1 2012+0.2%
Q2 2012+0.2%
Q4 2013-0.0%
Q3 2013+0.4%
Q1 2013+0.4%

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