The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net loss | -845,300 | -313,300 | -491,400 | 221,700 |
| Depreciation and amortization | 446,900 | 433,600 | 435,100 | 567,500 |
| Amortization of debt discount and debt issuance costs | 8,300 | 8,700 | 8,100 | 9,000 |
| Noncash interest expense | 14,300 | 47,100 | 36,100 | 27,600 |
| Noncash operating lease expense | 372,400 | 316,600 | 305,500 | 87,500 |
| Gain on acquisition of sam houston | - | - | 0 | 0 |
| Gain on barstool acquisition, net | 0 | 0 | 83,400 | - |
| Gain on reit transactions, net | 3,300 | 0 | 500,800 | - |
| Loss on disposal of barstool | 0 | 0 | -923,200 | - |
| Holding loss (gain) on equity securities | - | - | - | -69,900 |
| Holding loss on equity securities | - | -100 | 6,400 | - |
| Loss on sale or disposal of property and equipment | -400 | -10,000 | -100 | -7,900 |
| Gain on hurricane laura | - | -5,500 | -13,900 | -10,700 |
| Noncash rent and interest expense related to the utilization of rent credits | - | - | - | 0 |
| Income from unconsolidated affiliates | 37,700 | 28,100 | 25,300 | 23,700 |
| Return on investment from unconsolidated affiliates | 37,400 | 33,400 | 33,300 | 33,800 |
| Deferred income taxes | 26,900 | -58,100 | -32,700 | -150,700 |
| Stock-based compensation | 60,900 | 52,900 | 85,900 | 58,100 |
| Investment agreement warrant expense | 57,100 | 67,900 | 12,500 | - |
| Impairment losses | 945,300 | 89,100 | 130,600 | 118,200 |
| Gain on financing arrangement | 215,100 | - | - | - |
| Loss on early extinguishment of debt | -11,800 | -300 | 0 | -10,400 |
| Accounts receivable | -1,600 | -58,900 | 74,800 | 81,200 |
| Prepaid expenses and other current assets | 19,000 | -26,700 | 66,300 | 24,100 |
| Other assets | 12,100 | 35,700 | 18,200 | 2,200 |
| Accounts payable | -2,400 | 14,200 | -8,600 | -13,400 |
| Accrued expenses | 18,000 | -67,700 | 25,900 | 17,400 |
| Income taxes | -3,800 | 33,400 | -50,200 | 27,300 |
| Operating lease liabilities | -356,600 | -298,200 | -305,800 | -83,000 |
| Other current and long-term liabilities | -23,900 | -48,400 | 107,400 | -2,200 |
| Other | -26,100 | -21,400 | -17,200 | -13,100 |
| Net cash provided by operating activities | 508,200 | 359,300 | 455,900 | 878,200 |
| Capital expenditures | 647,700 | 482,700 | 360,000 | 263,400 |
| Proceeds from sale of property and equipment | - | 4,000 | 500 | 4,900 |
| Hurricane laura insurance proceeds | - | 3,000 | 9,000 | 25,400 |
| Proceeds from sale-and-leaseback transactions in conjunction with development projects | 280,000 | - | - | - |
| Consideration paid for barstool sports investment | - | - | - | 0 |
| Consideration paid for barstool, net of cash acquired | - | - | -50,900 | - |
| Sale of barstool sports, net of cash | 0 | 0 | - | - |
| Consideration paid for acquisitions of businesses, net of cash acquired | 0 | 0 | 314,600 | 0 |
| Consideration paid for remaining interest of sam houston | - | - | 0 | 0 |
| Consideration paid for gaming licenses and other intangible assets | 37,700 | 57,900 | 21,900 | 9,000 |
| Acquisition of equity securities | - | - | 0 | 0 |
| Additional contributions to joint ventures | - | - | - | 0 |
| Cost method investment proceeds received (consideration paid) | - | -500 | -8,000 | - |
| Other | -54,300 | 8,100 | 12,700 | 1,500 |
| Net cash used in investing activities | -351,100 | -541,200 | -742,600 | -258,600 |
| Proceeds from revolving credit facility | 877,500 | - | - | 0 |
| Repayments on revolving credit facility | 307,500 | - | - | 0 |
| Proceeds from issuance of long-term debt, net of discounts | - | 0 | 0 | 1,545,000 |
| Repayments on credit facilities | - | 0 | 0 | 1,543,200 |
| Repurchases of convertible debt | 223,800 | - | - | - |
| Principal payments on long-term debt | 37,500 | 37,500 | 37,500 | 39,300 |
| Debt and equity issuance costs | - | 3,400 | 0 | 18,200 |
| Proceeds from other long-term obligations | - | - | 0 | 0 |
| Payments of other long-term obligations | 700 | 10,100 | 18,700 | 17,800 |
| Principal payments on financing obligations | 43,500 | 40,800 | 39,200 | 63,200 |
| Principal payments on finance leases | 53,400 | 50,300 | 47,100 | 110,500 |
| Proceeds from common stock offerings, net of discounts and fees | - | - | - | 0 |
| Proceeds from exercise of options | - | 1,500 | 5,300 | 6,900 |
| Repurchases of common stock | 354,400 | 0 | 149,800 | 601,100 |
| Proceeds from insurance financing | 26,800 | 29,300 | 34,400 | 0 |
| Payments on insurance financing | 31,100 | 35,400 | 0 | 0 |
| Indemnification payments | 0 | 30,500 | - | - |
| Other | -18,000 | -9,300 | -10,000 | -11,600 |
| Net cash used in financing activities | -165,600 | -186,500 | -262,600 | -853,000 |
| Effect of currency rate changes on cash, cash equivalents, and restricted cash | -500 | -2,300 | -400 | -2,500 |
| Changein cash, cash equivalents, and restricted cash | -9,000 | -370,700 | -549,700 | -235,900 |
| Cash, cash equivalents, and restricted cash at the beginning of the year | 723,800 | 1,094,500 | 1,644,200 | 1,880,100 |
| Cash, cash equivalents, and restricted cash at the end of the year | 714,800 | 723,800 | 1,094,500 | 1,644,200 |
PENN Entertainment, Inc. (PENN)
PENN Entertainment, Inc. (PENN)