For the quarter ending 2026-03-31, CZR had -$10M decrease in cash & cash equivalents over the period. $36M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -83 | -235 | -39 | -65 |
| Depreciation and amortization | 347 | 344 | 352 | 364 |
| Amortization of deferred financing costs and discounts | 43 | 43 | 46 | 45 |
| Provision for credit losses | 11 | 12 | 8 | 10 |
| Loss on extinguishment of debt | - | 0 | -4 | 0 |
| Non-cash lease amortization | 6 | 8 | 4 | 6 |
| Loss on investments | -2 | -1 | 3 | 0 |
| Stock-based compensation expense | 24 | 23 | 22 | 24 |
| (gain) loss on sale or disposal of property and equipment | 10 | -6 | -8 | -2 |
| Impairment charges | - | 182 | 0 | 0 |
| Deferred income taxes | 12 | -10 | -25 | 13 |
| Other non-cash adjustments to net loss | -7 | 9 | 0 | -2 |
| Accounts receivable | -29 | 62 | -46 | 57 |
| Prepaid expenses and other assets | 46 | 0 | 2 | -2 |
| Income taxes receivable and payable, net | -3 | -20 | -3 | -58 |
| Accounts payable, accrued expenses and other liabilities | -135 | 21 | -100 | 174 |
| Net cash provided by operating activities | 204 | 304 | 318 | 462 |
| Purchase of property and equipment | 168 | 157 | 195 | 230 |
| Acquisition of intangible assets | - | 3 | 1 | - |
| Proceeds from sale of property, equipment, trademark and businesses | - | 1 | 214 | 3 |
| Purchase of caesars windsor furniture and equipment | 42 | - | - | - |
| Proceeds from the sale of investments | - | -4 | -3 | -1 |
| Proceeds from sale of property and equipment | 19 | - | - | - |
| Distributions from unconsolidated affiliate | 0 | 0 | 0 | 0 |
| Investments in unconsolidated affiliates | - | 6 | - | - |
| Other | -2 | -6 | 3 | 2 |
| Net cash used in investing activities | -189 | -155 | 18 | -228 |
| Proceeds from long-term debt and revolving credit facilities | 475 | 375 | 615 | 275 |
| Repayments of long-term debt and revolving credit facilities | 463 | 393 | 964 | 305 |
| Debt issuance and extinguishment costs | - | 0 | 0 | 0 |
| Payments to acquire ownership interest in subsidiary | - | 0 | - | - |
| Repurchase of common stock | - | 50 | 79 | 100 |
| Contributions from noncontrolling interest owners | - | 0 | - | - |
| Financing obligation payments | 9 | 9 | 9 | 6 |
| Distributions to noncontrolling interest owners | 16 | 26 | 46 | 20 |
| Taxes paid related to net share settlement of equity awards | 12 | 1 | 0 | 1 |
| Net cash used in financing activities | -25 | -104 | -483 | -157 |
| Decrease in cash, cash equivalents and restricted cash | -10 | 45 | -147 | 77 |
| Cash, cash equivalents and restricted cash, beginning of period | 984 | 939 | 1,086 | 1,009 |
| Cash, cash equivalents and restricted cash, end of period | 974 | 984 | 939 | 1,086 |
Caesars Entertainment, Inc. (CZR)
Caesars Entertainment, Inc. (CZR)