Q2 FY2026 EarningsQ2 FY26 results missed consensus marginally: revenue was $1,034.4M vs. $1,037.8M expected, and GAAP EPS was $1.75 vs. $1.80 expected. Top-line pressure stemmed from the termination of high-margin online market access agreements and construction disruption at Suncoast. A 39% YoY reduction in interest expense to $31.4M (following debt retirement via the FanDuel equity sale) significantly mitigated the operating income miss at the net income level. The $750M Norfolk resort development remains the primary long-term growth catalyst with $300M in projected 2026 spend.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: BOYD Gaming(BYD) the Revenue is 1.034 B (+0.04%), Miss estimate;the EBIT is 200.7 M (-17.19%), Miss estimate;the EPS is 1.75 (-4.89%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
1.03B0.04%
1.04B0.36%
-0.00B0.32%
EBITMiss expectations
0.20B17.19%
0.20B15.60%
-0.00B1.59%
EPSMiss expectations
1.754.89%
1.80262.03%
-0.05262.86%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf