Caesars Entertainment, Inc. (CZR) Financial Statements
Industry: Hotels & Motels
In fiscal 2025, Caesars Entertainment reported revenue of $11.49B, up 2.1% from $11.24B the year before. Net income was -$502.0M (a -4.4% net margin), or -$2.42 per diluted share. Gross margin was 16.2% and operating margin was 16.2%. Operating activities generated $1.30B of cash, leaving $497.0M of free cash flow. At fiscal year end, Caesars Entertainment held $31.64B in total assets against $27.95B in total liabilities, including $887.0M of cash and equivalents.
Open the full interactive Caesars Entertainment financials → Quarterly statements, key ratios, valuation history and price charts.
Caesars Entertainment Key Stats
| Share Price | $29.47 |
|---|---|
| Market Cap | $6.01B |
| Revenue YoY Growth | +2.1% |
| 52-Week Range | $18.14 – $30.41 |
| Shares Outstanding | 204.0 million (basic, 2026 Q2) |
Caesars Entertainment Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.47B | $9.57B | $10.82B | $11.53B | $11.24B | $11.49B |
| Cost of Goods Sold | $3.91B | $8.11B | $9.08B | $9.06B | $8.94B | $9.63B |
| Gross Profit | -$437.0M | $1.46B | $1.74B | $2.47B | $2.30B | $1.86B |
| Operating Income | -$437.0M | $1.46B | $1.74B | $2.47B | $2.30B | $1.86B |
| Pre-Tax Income | -$1.63B | -$1.27B | -$565.0M | -$60.0M | -$124.0M | -$448.0M |
| Income Tax | $126.0M | -$283.0M | -$41.0M | -$888.0M | $87.0M | -$11.0M |
| Net Income | -$1.76B | -$1.02B | -$899.0M | $786.0M | -$278.0M | -$502.0M |
| Diluted EPS | -$13.50 | -$4.83 | -$4.19 | $3.64 | -$1.29 | -$2.42 |
Caesars Entertainment Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.87B | $2.92B | $2.87B | $2.99B |
| Net Income | -$55.0M | -$250.0M | -$98.0M | -$62.0M |
| Diluted EPS | -$0.27 | -$1.20 | -$0.48 | -$0.30 |
Caesars Entertainment Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.76B | $1.07B | $1.04B | $1.00B | $866.0M | $887.0M |
| Current Assets | $6.67B | $5.96B | $2.10B | $2.04B | $1.75B | $1.80B |
| Total Assets | $36.38B | $38.03B | $33.53B | $33.37B | $32.59B | $31.64B |
| Current Liabilities | $2.58B | $5.30B | $2.67B | $2.69B | $2.27B | $2.25B |
| Total Long-Term Debt | $14.14B | $13.79B | $12.77B | $12.29B | $12.14B | $11.78B |
| Total Liabilities | $31.35B | $33.49B | $29.78B | $28.65B | $28.21B | $27.95B |
| Shareholders' Equity | $5.02B | $4.48B | $3.71B | $4.55B | $4.16B | $3.50B |
Caesars Entertainment Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$582.0M | $1.20B | $993.0M | $1.81B | $1.07B | $1.30B |
| Cash From Investing | — | — | — | — | — | -$571.0M |
| Cash From Financing | $10.64B | — | — | — | -$498.0M | -$763.0M |
| Free Cash Flow | -$745.0M | $679.0M | $41.0M | $545.0M | -$221.0M | $497.0M |
Figures from Caesars Entertainment's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Caesars Entertainment financials page for every line item.
Caesars Entertainment Company Profile
| Ticker | CZR |
|---|---|
| Exchange | Nasdaq |
| Industry | Hotels & Motels |
| Headquarters | Reno, Nevada |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001590895 |
Frequently Asked Questions
What was Caesars Entertainment's revenue in fiscal 2025?
Caesars Entertainment (CZR) reported revenue of $11.49B for fiscal 2025.
What is Caesars Entertainment's annual revenue history?
Caesars Entertainment's annual revenue by fiscal year: 2020: $3.47B; 2021: $9.57B; 2022: $10.82B; 2023: $11.53B; 2024: $11.24B; 2025: $11.49B.
What was Caesars Entertainment's net income in fiscal 2025?
Caesars Entertainment reported net income of -$502.0M for fiscal 2025.
What was Caesars Entertainment's earnings per share (EPS) in fiscal 2025?
Caesars Entertainment's diluted EPS was -$2.42 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Caesars Entertainment generate in fiscal 2025?
Caesars Entertainment generated $497.0M of free cash flow in fiscal 2025.
What was Caesars Entertainment's revenue last quarter?
In its most recent reported quarter (2026 Q2), Caesars Entertainment reported revenue of $2.99B.
How much debt does Caesars Entertainment have?
Caesars Entertainment reported $11.78B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Caesars Entertainment are outstanding?
Caesars Entertainment reported a weighted average of 204.0 million basic shares outstanding in 2026 Q2.
What is Caesars Entertainment's market cap?
Based on its latest closing price, Caesars Entertainment (CZR) has a market capitalization of about $6.01B.
When does Caesars Entertainment's fiscal year end?
Caesars Entertainment's fiscal year end, as registered with the SEC, is December 31.
Where is Caesars Entertainment headquartered?
Caesars Entertainment lists its business address in Reno, Nevada in its SEC filings.