---
title: "Wynn Resorts: Metrics Guide"
description: "Wynn Resorts revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained."
canonical: https://www.getswoopr.com/stocks/companies/wynn-resorts/metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Wynn Resorts: Financial & Operating Metrics Guide

## Direct Answer

Wynn Resorts reported revenue of $7.1 billion for the fiscal year ended December 31, 2025, with an operating margin of 15.7% and net income of $327 million, according to its SEC filings. Revenue grew 0.1% from the prior year.

## What Are Wynn Resorts's Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $7.1 billion | $7.1 billion | $6.5 billion | $3.8 billion |
| Operating income | $1.1 billion | $1.1 billion | $840 million | -$101 million |
| Operating margin | 15.7% | 15.9% | 12.9% | -2.7% |
| Net income | $327 million | $501 million | $730 million | -$424 million |
| Net margin | 4.6% | 7.0% | 11.2% | -11.3% |
| Operating cash flow | $1.4 billion | $1.4 billion | $1.2 billion | -$71 million |
| Capital expenditures | $660 million | $420 million | $443 million | $300 million |
| Free cash flow | $692 million | $1.0 billion | $805 million | -$371 million |

Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $692 million against net income of $327 million; cash generation covered reported earnings.

![Bar chart of Wynn Resorts revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $7.1 billion, operating income $1.1 billion and net income $327 million.](https://www.getswoopr.com/images/charts/wynn-resorts-metrics-revenue-profit.webp)
*Wynn Resorts revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Wynn Resorts operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 15.7% and net margin was 4.6%.](https://www.getswoopr.com/images/charts/wynn-resorts-metrics-margins.webp)
*Wynn Resorts operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Wynn Resorts operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $1.4 billion, capital expenditures was $660 million, free cash flow was $692 million.](https://www.getswoopr.com/images/charts/wynn-resorts-metrics-cash-flow.webp)
*Wynn Resorts operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Wynn Resorts's Balance Sheet Show?

| Cash and cash equivalents | $1.5 billion |
| --- | --- |
| Long-term debt | $10.5 billion |
| Total assets | $13.1 billion |
| Total liabilities | $14.1 billion |
| Shareholders' equity | -$275 million |
| Current ratio | 1.6x |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Wynn Resorts reported in its own SEC filings, read from the SEC's XBRL data (accession 0001174922-26-000013 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Wynn Resorts's revenue in fiscal 2025?

Wynn Resorts reported revenue of $7.1 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is Wynn Resorts's operating margin?

Wynn Resorts's operating margin was 15.7% in fiscal 2025: operating income of $1.1 billion on revenue of $7.1 billion.

### How much free cash flow did Wynn Resorts generate?

Operating cash flow of $1.4 billion less capital expenditures of $660 million gives free cash flow of $692 million for fiscal 2025.

## References

- [SEC EDGAR: WYNN RESORTS LTD Form 10-K filed March 2, 2026](https://www.sec.gov/Archives/edgar/data/1174922/000117492226000013/wynn-20251231.htm)
- [SEC EDGAR: WYNN RESORTS LTD annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1174922&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Wynn Resorts company dossier](https://www.getswoopr.com/stocks/companies/wynn-resorts/)
- [Wynn Resorts financial metrics](https://www.getswoopr.com/stocks/companies/wynn-resorts/metrics/)
- [Wynn Resorts financial risk indicators](https://www.getswoopr.com/stocks/companies/wynn-resorts/risks/)
- [Wynn Resorts peer comparison](https://www.getswoopr.com/stocks/companies/wynn-resorts/competitors/)
- [Wynn Resorts business model and revenue mix](https://www.getswoopr.com/stocks/companies/wynn-resorts/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
