← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Boyd Gaming grew FY2025 revenue 4.1% and reported a large net-income jump after the FanDuel stake sale, while FCF fell.
The read at a glance✓ Audited against SEC data
- Business mix — Casinos and online gamingNote
- Revenue — $4.09B, +4.1%OK
- Net income — $1.84B, +218.9%OK
- FCF — $388.5M, -30.2%Watch
- Debt — $2.05B, -35.6%OK
- Insiders — 0 purchases / 17 salesWatch
- Accounting — Altman grey; Beneish clean; EQ greyNote
Business
Boyd Gaming operates 27 brick-and-mortar gaming entertainment properties, Boyd Interactive, online gaming relationships, and the Sky River Casino management agreement.
Where the revenue comes from
Fiscal 2025, as BOYD GAMING CORP reports it. History and quarterly detail are in the app.
- Midwest and South$2.1B
- Las Vegas Locals$890.0M
- Online$708.3M
- Downtown Las Vegas$228.7M
Leadership changes
From BOYD GAMING CORP's own filings, the day they're filed.
- Stacia J. Andersen · Directors · appointmenteff. 2026-06-22
- Stephen Thompson · Chief Administrative Officer · departureeff. 2026-03-31
- Theodore A. Bogich · Chief Operating Officer · departureeff. 2025-12-31
Latest filings
- 8-K · Company announcement2026-08-13
- 10-Q · Quarterly report2026-07-30
- 8-K · Company announcement2026-07-23
- 8-K · Company announcement2026-06-25
- 8-K · Company announcement2026-05-08
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about BOYD GAMING CORP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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