Company: LAWIL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000750004-25-000072
Chunk: 154

Company: Light & Wonder, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 2
Chunk 154
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 %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 (7,556)(43)%Total new unit shipments8,608 13,063 (4,455)(34)%27,417 34,069 (6,652)(20)%Average sales price per new unit$19,637 $17,094 $2,543 15 %$19,532 $18,374 $1,158 6 %(1) Inclusive of Grover active devices.(2) Units exclude those related to game content licensing.

37

Gaming Operations

Gaming operations revenue growth for the three months ended September 30, 2025 was driven by a $26 million, or 15%, increase driven by strong game performance of hit franchises, including our premium games, as well as a contribution of $40 million in revenue from Grover. For the nine months ended September 30, 2025, these drivers impacted revenue growth by $48 million and $61 million, respectively. Gaming operations for the U.S. and Canada (excluding Grover) had a 2,834-unit increase in installed base from the prior year period end, while Grover had an 11,255-unit active installed base as of September 30, 2025. Gaming operations (including Grover) had a decrease in average daily revenue per unit of $3.70 and $2.65 for the three and nine months ended September 30, 2025, respectively, as growth related to our existing U.S. and Canada