Company: LAWIL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000750004-25-000072
Chunk: 91

Company: Light & Wonder, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 91
---
71 (1) Includes amounts not allocated to the reportable segments (including corporate costs) and items to reconcile the total reportable segments AEBITDA to our consolidated net income before income taxes.(2) Excludes D&A.(3) Excludes stock-based compensation.(4) Primarily represents various other non-payroll related operating expenses, including but not limited to, professional and legal services, marketing, facilities and operating leases, maintenance and other operating expenses.(5) AEBITDA is described in footnote (5) to the first table in this Note 3.

Nine Months Ended September 30, 2025GamingSciPlayiGamingTotal Reportable SegmentsUnallocated and Reconciling Items(1)TotalTotal revenue$1,581 $599 $244 $2,424 $— $2,424 Cost of revenue(2)(407)(159)(81)(647)— (647)Payroll and related(3)(252)(76)(48)(376)— (376)Other segment reconciling items(4)(83)(155)(26)(264)(99)(363)AEBITDA(5)839 209 89 1,137 (99)1,038 Reconciling items to net income before income taxes:Restructuring and other(7)(2)(10)(19)(24)(43)D&A(298)(298)Interest expense(229)(229)Loss on debt financing transactions(5)(5)Other income, net(9)(9)Stock-based compensation(87)(87)Net income before income taxes$367 Capital expenditures for the nine months ended September 30, 2025$175 $15 $16 $206 $12 $218 (1) Includes amounts not allocated to the reportable segments (including corporate costs) and items to reconcile the total reportable segments AEBITDA to our consolidated net income before income taxes.(2) Excludes D&A.(3) Excludes stock-based compensation.(4) Primarily represents various other non-payroll related operating expenses, including but not limited to, professional and legal services, marketing, facilities and operating leases, maintenance, and other operating expenses.(5) AEBITDA is described in footnote (5) to the first table in this Note 3.

16

Nine Months Ended September 30, 2024GamingSciPlayiGamingTotal Reportable SegmentsUnallocated and Reconc