NYSE$ACEL

Accel Entertainment Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Accel Entertainment Inc reported Q2 2025 results with revenue growth driven by expanded gaming operations across multiple states.

For the three months ended June 30, 2025, Accel Entertainment achieved total net revenues of $335.9 million, up 8.6% year-over-year, supported by higher net gaming revenue and contributions from new casino and racing operations. Operating income rose to $26.9 million while net income attributable to the company was $7.3 million. The company continued expanding its footprint with 4,427 locations and 27,388 gaming terminals in operation.

  • Total net revenues increased 8.6% to $335.9 million, led by $20.7 million growth in net gaming revenue.
  • Operating income grew 18.5% to $26.9 million despite higher general and administrative expenses.
  • Location count reached 4,427 and gaming terminals totaled 27,388, reflecting organic growth and acquisitions.
  • Illinois remained the largest market with $245.4 million in revenue and location hold-per-day of $910.

Headline financials

Total Revenue

$336M

Previous: $309M+8.6%
EPS (adj)

$0.09

Previous: $0.17-47.1%
Locations

4.4K

Previous: 4.3K+3.1%
Gaming Terminals

27.4K

Previous: 26.5K+3.4%
Illinois Hold per Day

$910.00

No prior period
Montana Hold per Day

$622.00

Previous: $612.00+1.6%
Nevada Hold per Day

$784.00

Previous: $843.00-7.0%
Louisiana Hold per Day

$994.00

No prior period
Nebraska Hold per Day

$285.00

Previous: $255.00+11.8%
Georgia Hold per Day

$149.00

Previous: $111.00+34.2%
Capital Expenditures

-$52.8M

Previous: -$38.1M-38.4%
Net Income

$7.32M

Previous: $14.6M-49.8%
Operating Income

$26.9M

Previous: $22.7M+18.5%
Cash & Equivalents

$265M

Previous: $255M+3.8%
Total Assets

$1.06B

Previous: $950M+11.1%

Revenue & EPS history

Accel Entertainment · Revenue · Quarterly

$336M

Q2 2025+8.6%vs Q2 2024
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

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

-0.7%

Avg return

Earnings day

-4.6%

Avg return

5 days after

+1.1%

Avg return

30 days after

53%

18 / 34 earnings

Positive

+29.1%

Q2 2020

Best reaction

-19.7%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+2.1%-4.8%-1.2%
Q4 2025+19.2%+3.7%-0.3%
Q3 2025-0.7%-1.5%+1.6%
Q1 2025+4.6%+6.0%+3.4%
Q4 2024-8.0%-10.9%-14.9%
Q3 2024-3.7%-3.8%+0.8%
Q2 2024+11.3%-0.7%+6.8%
Q1 2024-13.8%-13.3%-11.7%
Q4 2023+7.9%+7.7%+12.3%
Q3 2023+5.3%+3.5%-3.8%
Q2 2023+8.1%+2.8%+6.8%
Q1 2023+7.3%+3.1%+10.3%
Q4 2022+2.7%+2.8%-2.1%
Q3 2022-11.8%-11.5%-14.6%
Q2 2022-19.7%-11.8%-23.6%
Q1 2022-9.9%-16.1%-10.6%
Q4 2021+4.1%-1.9%-9.0%
Q3 2021+0.2%+2.2%+0.2%
Q2 2021+4.6%+3.0%+4.7%
Q1 2021+8.2%+10.7%+4.3%
Q4 2020-2.7%-10.2%-5.9%
Q3 2019+0.8%+7.9%+4.5%
Q3 2020+0.8%+7.9%+4.5%
Q2 2020+29.1%+27.5%+61.1%
Q1 2020-13.3%-7.9%+13.6%
Q1 2019-13.3%-7.9%+13.6%
Q4 2019-11.3%-35.6%-3.1%
Q2 2019-11.3%-35.6%-3.1%
Q4 2018-11.3%-35.6%-3.1%
Q4 2017-11.3%-35.6%-3.1%
Q3 2018+0.2%+0.3%+0.0%
Q2 2018+0.3%+0.0%-1.0%
Q1 2018-0.1%+0.4%+0.3%
Q3 2017+0.0%+0.2%+0.4%
Q2 2017
Q1 2017

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