Boyd Gaming (BYD) revenue breakdown

Consumer Cyclical · Resorts & Casinos · Market cap $5.0B

By segment, Midwest and South is the largest at 54% of fiscal 2025 revenue; Online grew fastest, 42% a year over 4 years.

By product, Casino is the largest at 64% of fiscal 2025 revenue; Online Reimbusements grew fastest, 33% a year over 2 years.

Revenue by segment

Fiscal years, as Boyd Gaming reports them in its 10-K filings; fiscal 2025 total $3.9B.

Segments2016201720182019202020212022202320242025Share
Midwest and South$1.3B$1.3B$1.5B$2.2B$1.5B$2.1B$2.1B$2.0B$2.1B$2.1B 54%
Las Vegas Locals$655M$868M$874M$881M$562M$886M$931M$928M$895M$890M 23%
Online—————$173M$254M$422M$606M$708M 18%
Downtown Las Vegas$237M$244M$248M$258M$95M$156M$215M$222M$230M$229M 6%

Revenue by product

Fiscal years, as Boyd Gaming reports them in its 10-K filings; fiscal 2025 total $4.1B.

Products201720182019202020212022202320242025Share
Casino$1.7B$1.9B$2.5B$1.8B$2.7B$2.7B$2.6B$2.6B$2.6B 64%
Online Reimbusements——————$328M$450M$576M 14%
Food and Beverage$346M$368M$448M$179M$230M$276M$288M$304M$310M 8%
Occupancy$187M$200M$237M$105M$154M$189M$199M$205M$191M 5%
Product and Service, Other$127M$134M$158M$119M$108M$135M$139M$143M$145M 4%
Online————$173M$254M$94M$156M$132M 3%
Management Fee—————$27M$77M$88M$99M 2%
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Questions

Where does Boyd Gaming make its money?

In fiscal 2025, by segment: Midwest and South $2.1B, Las Vegas Locals $890M, Online $708M, Downtown Las Vegas $229M.

From Boyd Gaming's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.