Caesars Entertainment Inc. reported fourth quarter (Q4) 2025 GAAP net revenues of USD 2.9 billion, while full year (FY) 2025 net revenues reached USD 11.49 billion, up 2.4%. Q4 net loss was USD 250 million, reflecting a decline mainly due to asset sale gains in the prior year, and full year net loss was USD 502 million. Same-store Adjusted EBITDA for Q4 was USD 901 million, with full year Adjusted EBITDA at USD 3.60 billion. Caesars Digital delivered a quarterly record Adjusted EBITDA of USD 85 million in Q4 and USD 236 million for the full year, up 101%. The company highlighted stable performance in its Regional segment and sequential improvement in Las Vegas, and expects continued strong growth in the Caesars Digital segment and robust free cash flow in 2026, with plans to use this cash to pay down debt and repurchase common stock.

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