Red Rock Q2 2026: Net income falls 29% to $76.6M as operating income drops 19% on lower revenue

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

• high

  Net income fell 29.2% to $76.6M in Q2 2026 from $108.2M in Q2 2025, while operating income dropped 19% to $136.0M from $168.0M. Revenue declined 3.0% to $510.3M, driven by lower casino and room revenues, with room revenues down 8.8% due to hotel renovations at Green Valley Ranch.

  MD&A: Operating Results verify on EDGAR →
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  Capital expenditures surged 75.5% to $257.0M for the six months ended June 30, 2026 from $146.4M in the prior year, funding renovation and expansion projects. Revolving credit borrowings increased $190M to $345.0M to fund capex and share repurchases, reducing availability to $707.5M.

  MD&A: Liquidity and Capital Resources verify on EDGAR →
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  Picayune filed a new federal lawsuit in June 2026 challenging the NIGC Chair's approval of the North Fork Project management agreement and seeking to enjoin gaming at the site. This follows the California Supreme Court's April 2026 denial of the Mono's appeal in the state-court litigation.

  Notes: Commitments and Contingencies verify on EDGAR →