FLL · Full House Resorts Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $74.42M | - | $77.95M | $73.95M | $75.06M | - | $75.69M | $73.49M | $69.92M | - |
| Cost of Revenue | $5.05M | - | $5.29M | $5.60M | $5.36M | - | - | - | - | - |
| Gross Profit | $69.38M | - | $72.66M | $68.34M | $69.70M | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $25.11M | - | $27.84M | $27.87M | $26.94M | - | $26.74M | $25.29M | $24.93M | - |
| Total Operating Expenses | $59.93M | - | $61.65M | $57.77M | $55.44M | - | $73.24M | $71.18M | $70.53M | - |
| D&A | $10.56M | - | $10.64M | $10.59M | $10.61M | - | $10.49M | $10.33M | $10.63M | - |
| Operating Income | $2.35M | - | $3.44M | ($74.0K) | $738.0K | - | $2.45M | $2.31M | ($606.0K) | - |
| Interest Expense | $10.38M | - | $11.13M | $10.35M | $10.30M | - | $11.05M | $11.02M | $10.25M | - |
| Income Tax | $120.0K | - | ($14.0K) | ($95.0K) | $206.0K | - | ($126.0K) | ($79.0K) | $416.0K | - |
| Net Income | ($8.15M) | - | ($7.68M) | ($10.38M) | ($9.77M) | - | ($8.47M) | ($8.63M) | ($11.27M) | - |
| EPS - Basic | ($0.23) | - | ($0.21) | ($0.29) | ($0.27) | - | ($0.24) | ($0.25) | ($0.33) | - |
| EPS - Diluted | ($0.23) | - | ($0.21) | ($0.29) | ($0.27) | - | ($0.24) | ($0.25) | ($0.33) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $31.37M | $40.67M | $30.93M | $32.13M | $30.71M | $40.22M | $25.94M | $31.06M | $25.68M | $36.16M |
| Accounts Receivable | $3.34M | $3.67M | $3.02M | $4.55M | $4.88M | $5.10M | $5.85M | $5.51M | $5.05M | $5.33M |
| Inventory | $1.94M | $1.98M | $1.71M | $2.15M | $2.06M | $2.09M | $2.31M | $2.02M | $1.94M | $1.84M |
| Accounts Payable | $6.59M | $8.07M | $5.70M | $6.03M | $6.23M | $9.19M | $9.45M | $12.01M | $13.63M | $12.79M |
| Current Assets | $41.99M | $53.00M | $39.95M | $43.32M | $44.49M | $53.41M | $48.20M | $56.54M | $57.27M | $84.64M |
| Total Assets | $630.50M | $649.81M | $644.40M | $651.54M | $657.20M | $673.33M | $668.72M | $673.92M | $670.44M | $688.46M |
| Current Liabilities | $70.46M | $73.54M | $58.61M | $69.06M | $63.69M | $67.45M | $55.40M | $69.99M | $62.63M | $78.55M |
| Long-term Debt | $473.98M | $473.65M | $473.08M | $467.47M | $471.74M | $468.14M | $467.39M | $466.64M | $465.89M | $465.15M |
| Total Liabilities | $635.86M | $647.27M | $630.19M | $630.33M | $626.20M | $632.84M | $616.90M | $614.46M | $603.15M | $610.61M |
| Stockholders' Equity | ($5.35M) | $2.54M | $14.21M | $21.21M | $31.00M | $40.50M | $51.82M | $59.45M | $67.28M | $77.85M |
| Retained Earnings | ($123.64M) | ($115.48M) | ($103.11M) | ($95.44M) | ($85.05M) | ($75.29M) | ($62.99M) | ($54.52M) | ($45.89M) | ($34.62M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.79M) | - | - | - | ($9.46M) | - | - | - | ($4.40M) | - |
| Investing Cash Flow | ($2.73M) | - | - | - | ($2.88M) | - | - | - | ($22.64M) | - |
| Financing Cash Flow | ($2.78M) | - | - | - | $2.83M | - | - | - | ($471.0K) | - |
| CapEx | $2.73M | - | - | - | $2.88M | - | - | - | $22.64M | - |
| Free Cash Flow | ($6.52M) | - | - | - | ($12.35M) | - | - | - | ($27.04M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 93.2% | - | 93.2% | 92.4% | 92.9% | - | - | - | - | - |
| Operating margin | 3.2% | - | 4.4% | -0.1% | 1.0% | - | 3.2% | 3.2% | -0.9% | - |
| EBITDA margin | 17.3% | - | 18.1% | 14.2% | 15.1% | - | 17.1% | 17.2% | 14.3% | - |
| Net margin | -11.0% | - | -9.8% | -14.0% | -13.0% | - | -11.2% | -11.7% | -16.1% | - |
| Free cash flow margin | -8.8% | - | - | - | -16.4% | - | - | - | -38.7% | - |
| FCF / Net income | 0.80 | - | - | - | 1.26 | - | - | - | 2.40 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 33.7% | - | 35.7% | 37.7% | 35.9% | - | 35.3% | 34.4% | 35.7% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.3% | - | -1.2% | -1.6% | -1.5% | - | -1.3% | -1.3% | -1.7% | - |
| Return on equity | 152.3% | - | -54.0% | -49.0% | -31.5% | - | -16.3% | -14.5% | -16.8% | - |
| Return on invested capital | 0.4% | - | 0.6% | -0.0% | 0.1% | - | 0.4% | 0.3% | -0.1% | - |
| Liquidity | ||||||||||
| Current ratio | 0.60 | 0.72 | 0.68 | 0.63 | 0.70 | 0.79 | 0.87 | 0.81 | 0.91 | 1.08 |
| Quick ratio | 0.57 | 0.69 | 0.65 | 0.60 | 0.67 | 0.76 | 0.83 | 0.78 | 0.88 | 1.05 |
| Cash ratio | 0.45 | 0.55 | 0.53 | 0.47 | 0.48 | 0.60 | 0.47 | 0.44 | 0.41 | 0.46 |
| Leverage | ||||||||||
| Debt / Equity | -88.59 | 186.62 | 33.30 | 22.04 | 15.22 | 11.56 | 9.02 | 7.85 | 6.92 | 5.98 |
| Debt / Assets | 0.75 | 0.73 | 0.73 | 0.72 | 0.72 | 0.70 | 0.70 | 0.69 | 0.69 | 0.68 |
| Debt / EBITDA | 36.71 | - | 33.61 | 44.46 | 41.58 | - | 36.11 | 36.91 | 46.50 | - |
| Interest coverage | 0.2x | - | 0.3x | -0.0x | 0.1x | - | 0.2x | 0.2x | -0.1x | - |
| Equity multiplier | -117.85 | 256.03 | 45.36 | 30.72 | 21.20 | 16.63 | 12.90 | 11.34 | 9.96 | 8.84 |
| Liabilities / Assets | 1.01 | 1.00 | 0.98 | 0.97 | 0.95 | 0.94 | 0.92 | 0.91 | 0.90 | 0.89 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | - | 0.12 | 0.11 | 0.11 | - | 0.11 | 0.11 | 0.10 | - |
| Inventory turnover | 2.61 | - | 3.09 | 2.61 | 2.60 | - | - | - | - | - |
| Days sales outstanding | 16d | - | 14d | 22d | 24d | - | 28d | 27d | 26d | - |
| Days inventory outstanding | 140d | - | 118d | 140d | 140d | - | - | - | - | - |
| Days payable outstanding | 476d | - | 393d | 393d | 424d | - | - | - | - | - |
| Cash conversion cycle | -320d | - | -261d | -231d | -260d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | 8.2x | 6.2x | 4.8x | - | 3.4x | 2.9x | 2.9x | - |
| P / S | 1.1x | - | 1.5x | 1.8x | 2.0x | - | 2.3x | 2.4x | 2.8x | - |
| EV / EBITDA | 40.6x | - | 39.6x | 54.0x | 52.1x | - | 47.7x | 48.2x | 63.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -0.8% | - | 3.0% | 0.6% | 7.3% | - | 5.8% | 23.8% | 39.6% | - |
| Revenue CAGR (3y) | 14.1% | - | 23.5% | 18.5% | 21.9% | - | 17.0% | 15.7% | 18.3% | - |
| Revenue CAGR (5y) | 12.0% | - | 13.2% | 38.5% | 19.5% | - | 11.3% | 12.0% | 11.5% | - |
| Gross profit growth (YoY) | -0.5% | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 218.4% | - | 40.3% | - | - | - | -76.4% | 289.7% | 91.3% | - |
| Net income growth (YoY) | 16.5% | - | 9.4% | -20.3% | 13.4% | - | - | -54.1% | 1.3% | - |
| EPS growth (YoY) | 14.8% | - | 12.5% | -16.0% | 18.2% | - | - | -56.3% | 0.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 47.2% | - | - | - | 54.3% | - | - | - | 54.3% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -93.7% | -72.6% | -64.3% | -53.9% | -48.0% | -42.1% | -29.5% | -24.5% | -22.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$302.38M totalMidwest And South$231.46M · 76.5%
West$63.65M · 21.0%
Contracted Sports Wagering$7.27M · 2.4%
Product / service
$302.38M totalCasino$230.26M · 76.2%
Food And Beverage$39.30M · 13.0%
Other Operations$16.79M · 5.6%
Hotel$16.02M · 5.3%
Peer comparison
Same SIC group: Hotels & Motels
Comparing FULL HOUSE RESORTS INC against the 5 most active filers in the same SIC group.