Red Rock Resorts reports net revenue increase in Q4
Net revenues increased 3.2 per cent year-over-year.
US.- Red Rock Resorts has reported financial results for the fourth quarter and full year ended December 31, 2025. Q4 net revenues were $511.8m, an increase of 3.2 per cent year-over-year, while net income was $84.6m, down 3.5 per cent. Adjusted EBITDA was $213.3m, up 5.4 per cent.
Las Vegas operations generated net revenues of $505m, an increase of 2.5 per cent from the same period in 2024. Adjusted EBITDA was $231.1m, up 3.2 per cent. Net revenues and adjusted EBITDA related to development fees from Native American activities were $3.7m.
For the full year, net revenues were $2.01bn, an increase of 3.7 per cent year-over-year, and net income was $355.7m, up 22.1 per cent. Adjusted EBITDA was $848.6m, an increase of 6.6 per cent.
Net revenues from Las Vegas operations were $1.98bn in 2025, up 2.9 per cent year-over-year. Adjusted EBITDA was $915.9m in 2025, an increase of 4.2 per cent.
