Company: LAWIL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000750004-25-000072
Chunk: 72

Company: Light & Wonder, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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 recent tariffs, inflationary pressures, supply chain disruptions and macroeconomic uncertainty that may impact our operations and financial results. See the “Business Overview” section above and Item 1A “Risk Factors” for information regarding recent trade tariffs which may have a significant impact on our Gaming business.

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Results of Operations and KPIs

Three and Nine Months Ended September 30, 2025 and 2024

Three Months Ended September 30,VarianceNine Months Ended September 30,Variance($ in millions, except per unit amounts)202520242025 vs. 2024202520242025 vs. 2024Revenue: Gaming operations(1)$241 $175 $66 38 %$624 $515 $109 21 %Gaming machine sales189 238 (49)(21)%587 670 (83)(12)%Gaming systems72 71 1 1 %208 213 (5)(2)%Table products56 53 3 6 %162 154 8 5 %Total revenue$558 $537 $21 4 %$1,581 $1,552 $29 2 %F/X impact on revenue$2 $3 $(1)(33)%$2 $2 $— — %KPIs:U.S. and Canada units(1):Installed base at period end47,240 33,151 14,089 42 %47,240 33,151 14,089 42 %Average daily revenue per unit$45.35 $49.05 $(3.70)(8)%$46.64 $49.29 $(2.65)(5)%International units(2):Installed base at period end19,494 21,426 (1,932)(9)%19,494 21,426 (1,932)(9)%Average daily revenue per unit$16.19 $15.11 $1.08 7 %$16.01 $15.08 $0.93 6 %Gaming machine sales:U.S. and Canada new unit shipments6,021 6,094 (73)(1)%17,244 16,340 904 6 %International new unit shipments2,587 6,969 (4,382)(63)%10,173 17,729