For the quarter ending 2026-03-31, GLPI had $50,199K increase in cash & cash equivalents over the period. $158,751K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 239,402 | 275,356 | 248,481 | 326,519 |
| Depreciation and amortization | 69,307 | 68,414 | 71,743 | 142,787 |
| Amortization of items charged to interest expense | 3,468 | 3,383 | 3,425 | 6,459 |
| Amortization of gain on cash flow hedges and loan discounts | -81 | -43 | -9 | - |
| Accretion on investment in leases and adjustments to lease liabilities | 7,412 | 7,172 | 6,991 | 13,762 |
| Accretion on held to maturity investment securities | 0 | 0 | 0 | -10,837 |
| Non-cash adjustment to financing lease liabilities | -219 | - | 112 | 205 |
| Gains on dispositions of property | - | 125 | - | - |
| Gains from dispositions of property | -125 | - | 0 | 125 |
| Stock-based compensation | 8,104 | 4,616 | 1,551 | 15,014 |
| Straight-line rent and deferred rent adjustments | 471 | -2,233 | -5,390 | -14,845 |
| Losses on debt extinguishment | - | 7,566 | -3,783 | - |
| Provision (benefit) for credit losses, net | -65,748 | - | -37,363 | 92,974 |
| Provision for credit losses, net | - | 8,664 | - | - |
| Proceeds from hedge, operating activities | - | 0 | 967 | - |
| Other assets | 2,049 | 5,197 | 9,065 | 8,336 |
| Accounts payable and accrued expenses | 625 | 1,735 | 564 | 582 |
| Accrued interest | -24,850 | 51,230 | -38,599 | -12,130 |
| Accrued salaries and wages | -8,520 | - | 4,019 | -2,727 |
| Other liabilities | 511 | 1,711 | 3,078 | 2,415 |
| Acquisition of held to maturity investment securities | - | 0 | 0 | 0 |
| Net cash provided by operating activities | 270,229 | 343,244 | 240,306 | 545,867 |
| Capital project and maintenance expenditures | - | - | 57,294 | 157 |
| Capital project and maintenance expenditures | 111,478 | 270,502 | - | 33,941 |
| Proceeds from sales of property, net of costs | 0 | 0 | 0 | 125 |
| Fundings for the tropicana las vegas lease | - | - | 0 | - |
| Investment in leases, financing receivables | - | 184,097 | 0 | 0 |
| Return of contingent consideration from previous acquisition | - | 0 | - | - |
| Acquisition of real estate, net | 688,004 | 150,000 | 130,000 | 5,000 |
| Fundings under the tropicana las vegas lease | - | 0 | - | - |
| Originations of real estate loans | 54,057 | 61,150 | 13,517 | 10,669 |
| Maturities of held to maturity investment securities | 0 | 0 | 0 | 549,995 |
| Net cash (used in) provided by investing activities | -853,539 | -642,239 | -166,870 | 500,353 |
| Dividends paid | 221,068 | 220,938 | 220,940 | 429,994 |
| Non-controlling interest distributions | 6,856 | 6,493 | 6,492 | 12,849 |
| Taxes paid related to shares withheld for tax purposes on restricted stock award vestings | -6,262 | 0 | -15 | -14,806 |
| Premium and related costs paid on debt extinguishment | - | - | 2,955 | -8 |
| Atm program offering costs | 120 | 110 | 135 | -403,037 |
| Proceeds from issuance of long-term debt | 2,156,856 | 0 | 1,292,161 | - |
| Financing costs and costs paid to redeem senior unsecured notes | - | 2,947 | 12,441 | - |
| Financing costs | 9,141 | - | - | - |
| Repayments of long-term debt | 1,279,900 | 865 | 975,068 | 850,084 |
| Net cash provided by (used in) financing activities | 633,509 | -228,406 | 74,115 | -904,688 |
| Net increase/(decrease) in cash and cash equivalents | - | - | 289,083 | - |
| Net decrease in cash and cash equivalents | 50,199 | -379,850 | - | 141,532 |
| Cash and cash equivalents at beginning of period | 224,314 | 751,715 | 462,632 | - |
| Cash and cash equivalents at end of period | 274,513 | 224,314 | 751,715 | - |
Gaming & Leisure Properties, Inc. (GLPI)
Gaming & Leisure Properties, Inc. (GLPI)