v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock, Non-Exchangeable
Common Stock, Exchangeable
Total PENN Stockholders’ Equity
Preferred Stock
Common Stock
Common Stock, Non-Exchangeable
Common Stock
Common Stock, Exchangeable
Treasury Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2024         0              
Beginning balance at Dec. 31, 2024 $ 2,858.4     $ 2,862.7 $ 0.0 $ 1.8 $ 0.0 $ (779.5) $ 4,542.4 $ (647.0) $ (255.0) $ (4.3)
Beginning balance (in shares) at Dec. 31, 2024           152,229,171 466,534          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Share-based compensation arrangements (in shares)           386,650            
Share-based compensation arrangements 31.7     31.7         31.7      
Share repurchases (in shares)           (7,249,349)            
Share repurchases (115.3)     (115.3)       (115.3)        
Exchangeable share conversions (in shares)           86,056 (86,056)          
Investment Agreement warrants 28.5     28.5         28.5      
Currency translation adjustment 92.0     92.0             92.0  
Net income (loss) 93.2     94.4           94.4   (1.2)
Other (5.9)     (5.9)       (1.0) (4.9)      
Ending balance (in shares) at Jun. 30, 2025         0              
Ending balance (in shares) at Jun. 30, 2025           145,452,528 380,478          
Ending balance at Jun. 30, 2025 2,982.6     2,988.1 $ 0.0 $ 1.8 $ 0.0 (895.8) 4,597.7 (552.6) (163.0) (5.5)
Beginning balance (in shares) at Mar. 31, 2025         0              
Beginning balance at Mar. 31, 2025 2,969.4     2,974.0 $ 0.0 $ 1.8 $ 0.0 (804.6) 4,567.3 (535.2) (255.3) (4.6)
Beginning balance (in shares) at Mar. 31, 2025           151,235,711 380,478          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Share-based compensation arrangements (in shares)           52,284            
Share-based compensation arrangements 16.1     16.1         16.1      
Share repurchases (in shares)           (5,835,467)            
Share repurchases (90.3)     (90.3)       (90.3)        
Investment Agreement warrants 14.3     14.3         14.3      
Currency translation adjustment 92.3     92.3             92.3  
Net income (loss) (18.3)     (17.4)           (17.4)   (0.9)
Other (0.9)     (0.9)       (0.9)        
Ending balance (in shares) at Jun. 30, 2025         0              
Ending balance (in shares) at Jun. 30, 2025           145,452,528 380,478          
Ending balance at Jun. 30, 2025 2,982.6     2,988.1 $ 0.0 $ 1.8 $ 0.0 (895.8) 4,597.7 (552.6) (163.0) (5.5)
Beginning balance (in shares) at Dec. 31, 2025         0              
Beginning balance at Dec. 31, 2025 1,827.5     1,834.0 $ 0.0 $ 1.8 $ 0.0 (1,137.2) 4,652.8 (1,490.1) (193.3) (6.5)
Beginning balance (in shares) at Dec. 31, 2025   132,584,258 379,821     132,584,258 379,821          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Share-based compensation arrangements (in shares)           993,273            
Share-based compensation arrangements 31.5     31.5         31.5      
Exchangeable share conversions (in shares)           280,901 (280,901)          
Currency translation adjustment (27.4)     (27.4)             (27.4)  
Net income (loss) 29.8     30.8           30.8   (1.0)
Other (7.6)     (7.6)         (7.6)      
Ending balance (in shares) at Jun. 30, 2026         0              
Ending balance (in shares) at Jun. 30, 2026   133,858,432 98,920     133,858,432 98,920          
Ending balance at Jun. 30, 2026 1,853.8     1,861.3 $ 0.0 $ 1.8 $ 0.0 (1,137.2) 4,676.7 (1,459.3) (220.7) (7.5)
Beginning balance (in shares) at Mar. 31, 2026         0              
Beginning balance at Mar. 31, 2026 1,821.5     1,828.5 $ 0.0 $ 1.8 $ 0.0 (1,137.2) 4,660.0 (1,492.4) (203.7) (7.0)
Beginning balance (in shares) at Mar. 31, 2026           133,701,923 98,920          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Share-based compensation arrangements (in shares)           156,509            
Share-based compensation arrangements 17.4     17.4         17.4      
Currency translation adjustment (17.0)     (17.0)             (17.0)  
Net income (loss) 32.6     33.1           33.1   (0.5)
Other (0.7)     (0.7)         (0.7)      
Ending balance (in shares) at Jun. 30, 2026         0              
Ending balance (in shares) at Jun. 30, 2026   133,858,432 98,920     133,858,432 98,920          
Ending balance at Jun. 30, 2026 $ 1,853.8     $ 1,861.3 $ 0.0 $ 1.8 $ 0.0 $ (1,137.2) $ 4,676.7 $ (1,459.3) $ (220.7) $ (7.5)