v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Casino_Property
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2026
USD ($)
Casino_Property
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Operating revenues:        
Net revenues $ 510,262 $ 526,273 $ 1,017,581 $ 1,024,134
Operating costs and expenses:        
Selling, general and administrative 117,936 112,031 232,293 216,742
Depreciation and amortization 58,985 47,988 114,840 96,319
Write-downs and other, net 2,579 4,010 7,289 8,070
Operating expenses 374,266 358,245 737,909 701,753
Operating income 135,996 168,028 279,672 322,381
Earnings from joint ventures 637 610 1,344 1,322
Operating income and earnings from joint ventures 136,633 168,638 281,016 323,703
Other (expense) income:        
Interest expense, net 49,645 50,632 99,149 101,742
Change in fair value of derivative instruments 3,087 (2,305) 4,053 (7,499)
Gain on Native American Development 0 8,476 0 8,476
Total other expense (46,558) (44,461) (95,096) (100,765)
Income before income tax 90,075 124,177 185,920 222,938
Provision for income tax (13,483) (15,924) (26,608) (28,735)
Net income 76,592 108,253 159,312 194,203
Less: net income attributable to noncontrolling interests 37,474 51,849 77,305 93,050
Net income attributable to Red Rock Resorts, Inc. $ 39,118 $ 56,404 $ 82,007 $ 101,153
Earnings per common share (Note 11):        
Earnings (loss) per share of Class A common stock, basic (in dollars per share) | $ / shares $ 0.68 $ 0.96 $ 1.41 $ 1.71
Earnings (loss) per share of Class A common stock, diluted (in dollars per share) | $ / shares $ 0.67 $ 0.95 $ 1.40 $ 1.69
Weighted-average common shares outstanding:        
Basic (in shares) | shares 57,888 58,960 58,045 59,081
Diluted (in shares) | shares 58,805 102,730 59,086 103,060
Major Hotel Casino Properties | Wholly Owned Properties        
Weighted-average common shares outstanding:        
Number of casino properties | Casino_Property 7   7  
Casino        
Operating revenues:        
Net revenues $ 338,305 $ 344,796 $ 678,827 $ 678,041
Operating costs and expenses:        
Operating costs and expenses 90,239 93,862 181,469 183,275
Food and beverage        
Operating revenues:        
Net revenues 93,033 94,374 183,356 183,646
Operating costs and expenses:        
Operating costs and expenses 78,699 75,894 152,886 149,655
Room        
Operating revenues:        
Net revenues 46,658 51,187 92,172 101,357
Operating costs and expenses:        
Operating costs and expenses 15,845 15,941 31,449 31,930
Other        
Operating revenues:        
Net revenues 28,460 25,908 54,683 51,082
Operating costs and expenses:        
Operating costs and expenses 9,983 8,519 17,683 15,762
Native American management and development fees        
Operating revenues:        
Net revenues $ 3,806 $ 10,008 $ 8,543 $ 10,008