Company: LAWIL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000750004-25-000048
Chunk: 151

Company: Light & Wonder, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 151
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)%$47.65 $49.34 $(1.69)(3)%International units(2):Installed base at period end19,526 21,997 (2,471)(11)%19,526 21,997 (2,471)(11)%Average daily revenue per unit$16.97 $15.59 $1.38 9 %$16.04 $14.93 $1.11 7 %Gaming machine sales:U.S. and Canada new unit shipments5,454 5,809 (355)(6)%11,223 10,246 977 10 %International new unit shipments3,585 5,501 (1,916)(35)%7,586 10,760 (3,174)(29)%Total new unit shipments9,039 11,310 (2,271)(20)%18,809 21,006 (2,197)(10)%Average sales price per new unit$18,930 $18,548 $382 2 %$19,483 $19,170 $313 2 %nm = not meaningful.(1) Inclusive of Grover active devices.(2) Units exclude those related to game content licensing.

37

Gaming Operations

Gaming operations revenue growth was driven by a contribution of $21 million in revenue from Grover following the May 2025 acquisition as well as a $13 million, or 7%, increase driven by strong game performance of hit franchises, including our premium games. Gaming operations for U.S. and Canada (excluding Grover) had a 2,780-unit increase in installed base from the prior year period end, while Grover had an 11,026-unit active installed base as of June 30, 2025. Gaming operations (including Grover) had a decrease in average daily revenue per unit of $3.01 and $1.69 for the three and six months ended June 30, 2025, respectively, as growth related to our existing U.S. and Canada units was offset by inclusion of lower-yielding Grover units. Average daily revenue per unit for International units increased by $1.38 and $1.11 for the three and six months ended June 30, 2025, respectively. International ending installed base units decreased by 2,471 units from June 30, 2024 to June 30,