Light & Wonder (LNW) Stock Price

Light & Wonder Price

NASDAQ·CLOSED
80.51USD-3.79 (-4.60 %)
Market closed

Revenue has compounded at 7.7% per year over the past 19 years to 3.19 B USD. Earnings per share have grown at 8.3% per year over the last 19 years. Light & Wonder's net margin stands at 10.5%, up from -33.5% several years earlier. Analysts set a median price target of 112.20 USD, implying 39.4% above the current price. Of 11 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 13% above its 52-week low.

Light & Wonder stock price

Volume
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Light & Wonder over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Light & Wonder stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Light & Wonder's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Light & Wonder Stock Price History
DateLight & Wonder Price
5/22/202680.51 USD
5/21/202684.30 USD
5/20/202681.55 USD
5/19/202681.00 USD
5/18/202681.42 USD
5/15/202680.81 USD
5/14/202681.95 USD
5/13/202683.26 USD
5/12/202679.47 USD
5/11/202682.00 USD
5/8/202683.31 USD
5/7/202673.98 USD
5/6/202681.25 USD
5/5/202681.44 USD
5/4/202680.89 USD
5/1/202682.63 USD
4/30/202683.65 USD
4/29/202681.00 USD
4/28/202682.66 USD
4/27/202686.29 USD
4/24/202686.10 USD
4/23/202686.99 USD
4/22/202689.48 USD
4/21/202688.54 USD
4/20/202688.80 USD
4/17/202688.25 USD
4/16/202686.93 USD
4/15/202688.07 USD
4/14/202687.00 USD
4/13/202689.00 USD
4/10/202689.00 USD
4/9/202688.78 USD
4/8/202689.00 USD
4/7/202684.75 USD
4/6/202684.00 USD
4/2/202682.00 USD
4/1/202687.10 USD
3/31/202683.28 USD
3/30/202679.24 USD
3/27/202682.82 USD
3/26/202684.91 USD
3/25/202686.80 USD
3/24/202680.15 USD
3/23/202682.20 USD
3/20/202676.61 USD
3/19/202679.60 USD
3/18/202678.25 USD
3/17/202681.05 USD
3/16/202680.65 USD
3/13/202681.49 USD
3/12/202685.44 USD
3/11/202688.55 USD
3/10/202689.82 USD
3/9/202690.97 USD
3/6/202689.24 USD
3/5/202691.88 USD
3/4/202693.00 USD
3/3/202690.98 USD
3/2/202689.65 USD
2/27/202693.94 USD
2/26/202694.70 USD
2/25/202694.58 USD
2/24/202696.99 USD
2/23/202696.16 USD
2/20/202695.15 USD
2/19/202698.10 USD
2/18/202698.42 USD
2/17/202698.10 USD
2/13/202697.97 USD
2/12/2026103.90 USD
2/11/2026114.66 USD
2/10/2026115.90 USD
2/9/2026113.35 USD
2/6/2026110.05 USD
2/5/2026114.61 USD
2/4/2026119.60 USD
2/3/2026121.81 USD
2/2/2026117.15 USD
1/30/2026116.00 USD
1/29/2026116.19 USD
1/28/2026113.99 USD
1/27/2026113.30 USD
11/12/202586.22 USD
11/11/202589.55 USD
11/10/202589.09 USD
11/7/202580.56 USD
11/6/202579.70 USD
11/5/202573.43 USD
11/4/202573.33 USD
11/3/202573.62 USD
10/31/202572.70 USD
10/30/202571.41 USD
10/29/202573.49 USD
10/28/202574.94 USD
10/27/202575.92 USD
10/24/202575.89 USD
10/23/202575.85 USD
10/22/202576.37 USD
10/21/202574.94 USD
10/20/202573.69 USD
10/17/202576.14 USD
10/16/202576.44 USD
10/15/202578.04 USD
10/14/202579.80 USD
10/13/202579.95 USD
10/10/202579.35 USD
10/9/202580.10 USD
10/8/202580.96 USD
10/7/202579.99 USD
10/6/202583.07 USD
10/3/202584.69 USD
10/2/202585.15 USD
10/1/202584.59 USD
9/30/202583.94 USD
9/29/202585.57 USD
9/26/202584.96 USD
9/25/202584.66 USD
9/24/202584.72 USD
9/23/202587.29 USD
9/22/202587.95 USD
9/19/202587.28 USD
9/18/202588.22 USD
9/17/202588.15 USD
9/16/202588.69 USD
9/15/202590.43 USD
9/12/202589.07 USD
9/11/202588.43 USD
9/10/202588.55 USD
9/9/202587.98 USD
9/8/202589.50 USD
9/5/202589.15 USD
9/4/202587.79 USD
9/3/202585.31 USD
9/2/202588.23 USD
8/29/202592.47 USD
8/28/202591.83 USD
8/27/202593.28 USD
8/26/202594.08 USD
8/25/202593.72 USD
8/22/202592.18 USD
8/21/202590.04 USD
8/20/202590.02 USD
8/19/202591.40 USD
8/18/202588.20 USD
8/15/202588.21 USD
8/14/202588.12 USD
8/13/202588.52 USD
8/12/202586.85 USD
8/11/202584.00 USD
8/8/202578.86 USD
8/7/202577.87 USD
8/6/202590.92 USD
8/5/202588.38 USD
8/4/202594.38 USD
8/1/202594.97 USD
7/31/202596.32 USD
7/30/202597.57 USD
7/29/202597.87 USD
7/28/202598.75 USD
7/25/202597.80 USD
7/24/202597.54 USD
7/23/202599.46 USD
7/22/202597.93 USD
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Light & Wonder Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
2.51 B USD
419.00 M USD
3.68 B USD
Jan 1, 2023
2.90 B USD
614.00 M USD
163.00 M USD
Jan 1, 2024
3.19 B USD
762.00 M USD
336.00 M USD
Jan 1, 2025 (e)
3.39 B USD
917.69 M USD
457.22 M USD
Jan 1, 2026 (e)
3.65 B USD
1.02 B USD
558.19 M USD
Jan 1, 2027 (e)
3.95 B USD
1.10 B USD
684.78 M USD
Jan 1, 2028 (e)
4.11 B USD
1.16 B USD
789.13 M USD
Jan 1, 2029 (e)
4.05 B USD
1.23 B USD
887.19 M USD

Light & Wonder Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 22, 2026, 1:23 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
SHARESM
2016201720182019202020212022202320242025e2026e2027e2028e2029e2030e2031e
2.883.083.362.391.702.152.512.903.193.393.653.954.114.054.214.38
4.536.949.08-28.99-28.8526.7216.6715.539.866.347.798.024.16-1.393.923.89
61.6462.2462.6568.7664.1071.7170.6269.9570.8070.8070.8070.8070.8070.8070.8070.80
1.781.922.111.641.091.541.772.032.262.402.592.792.912.872.983.10
0.260.440.520.32-0.140.280.420.610.760.921.021.101.161.231.29–
8.8814.2415.4313.19-7.9512.8716.6821.1623.9027.0527.8127.8928.1230.3430.67–
-0.35-0.24-0.35-0.13-0.570.373.680.160.340.460.560.680.790.890.960.97
-74.68-31.4445.45-63.07337.69-165.20890.57-95.56106.1336.0122.1022.5815.3512.428.680.21
87.3089.1091.1093.0095.0096.0095.0093.0091.0091.0091.0091.0091.0091.0091.0091.00
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Light & Wonder generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Light & Wonder retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Light & Wonder's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Light & Wonder has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Light & Wonder's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Light & Wonder stock margins

The Light & Wonder margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Light & Wonder. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Light & Wonder.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
64.10 %
-7.95 %
-33.49 %
Jan 1, 2021
71.71 %
12.87 %
17.23 %
Jan 1, 2022
70.62 %
16.68 %
146.30 %
Jan 1, 2023
69.95 %
21.16 %
5.62 %
Jan 1, 2024
70.80 %
23.90 %
10.54 %
Jan 1, 2025 (e)
70.80 %
27.07 %
13.49 %
Jan 1, 2026 (e)
70.80 %
27.81 %
15.28 %
Jan 1, 2027 (e)
70.80 %
27.89 %
17.35 %

Light & Wonder Stock Revenue, EBIT, Earnings per Share

The Light & Wonder earnings per share therefore indicates how much revenue Light & Wonder has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
17.88 USD
-1.42 USD
-5.99 USD
Jan 1, 2021
22.43 USD
2.89 USD
3.86 USD
Jan 1, 2022
26.44 USD
4.41 USD
38.68 USD
Jan 1, 2023
31.20 USD
6.60 USD
1.75 USD
Jan 1, 2024
35.03 USD
8.37 USD
3.69 USD
Jan 1, 2025 (e)
42.22 USD
10.08 USD
5.69 USD
Jan 1, 2026 (e)
45.50 USD
11.16 USD
6.95 USD
Jan 1, 2027 (e)
49.15 USD
12.10 USD
8.53 USD

Light & Wonder business model & stock analysis

Scientific Games Corporation is an American company specializing in the development and distribution of lottery and gaming products for state lotteries, casinos, and online casinos. The company was founded in 1973 and is headquartered in Las Vegas, Nevada. The company began as Autotote, a manufacturer of betting terminals for horse racetracks, and expanded its offerings to include other lottery products such as scratch cards. It later started developing online casino games and platforms. Scientific Games utilizes the latest technologies to create innovative lottery and gaming products and works closely with its customers to provide tailored solutions. The company operates in various sectors, including lottery, gaming, digital, and sports. It offers a range of products such as lottery terminals, scratch cards, slot machines, online casino games, and betting systems. Scientific Games is known for its progressive jackpot slot machines and has made significant acquisitions to strengthen its presence in the global gambling market. It acquired WMS Industries in 2013 and Bally Technologies in 2014. The company aims to leverage the latest technologies and trends in the gambling industry to develop customized products and services for its customers.

Light & Wonder SWOT Analysis

Strengths

Scientific Games Corp has a strong reputation in the gaming industry, with over 85 years of experience. The company has a diverse portfolio of gaming products, including lottery systems, gaming machines, and interactive gaming solutions. They have a strong global presence, with operations in over 50 countries.

Scientific Games Corp has a strong focus on innovation and technological advancements. They invest heavily in research and development to stay ahead of industry trends. Their cutting-edge technology allows them to offer innovative gaming products and services to their customers.

The company has established strong relationships with major casinos, lotteries, and gaming operators worldwide. This extensive network enables them to leverage their market presence and secure long-term contracts and partnerships.

Weaknesses

One of the weaknesses of Scientific Games Corp is their reliance on the gaming industry. Any downturns in the industry may adversely affect the company's financial performance. Additionally, as the company operates in multiple countries, they are exposed to geopolitical risks and regulatory challenges.

Another weakness is the high level of competition in the gaming industry. Scientific Games Corp faces competition from both established players and new entrants in the market. This may put pressure on their market share, pricing, and profitability.

Opportunities

The increasing legalization of online gambling and sports betting presents a significant opportunity for Scientific Games Corp. They can capitalize on this trend by offering their expertise and technology in these areas. The growing global middle class and their disposable income also provide a potential market for gaming products and services.

Strategic partnerships with other technology companies or gaming operators can help Scientific Games Corp expand their product offerings and enter new markets. They can also explore new segments within the gaming industry, such as virtual reality gaming or mobile gaming, to diversify their revenue streams.

Threats

One of the threats to Scientific Games Corp is the potential for stricter regulations in the gaming industry. Changes in regulations can impact the company's operations and profitability. Economic downturns or recessions can also lead to reduced consumer spending on gaming, affecting the company's revenue.

Cybersecurity risks pose a threat to Scientific Games Corp's operations and customer data. As the company relies heavily on technology, any breaches or cyber attacks can damage their reputation and result in financial losses. Additionally, the company faces the risk of intellectual property infringement if their technology or gaming concepts are copied or imitated by competitors.

Light & Wonder Segments

Light & Wonder Revenue by Segment (1/8)

  • 3 Years

  • 5 Years

  • Max

Services
Products
Product sales
Instant products
Details
Date
Services
Products
Product sales
Instant products
Jan 1, 2018
1.78 B USD
0.00 USD
993.80 M USD
592.50 M USD
Jan 1, 2019
1.82 B USD
0.00 USD
994.00 M USD
588.00 M USD
Jan 1, 2020
1.59 B USD
0.00 USD
553.00 M USD
579.00 M USD
Jan 1, 2021
1.64 B USD
0.00 USD
511.00 M USD
0.00 USD
Jan 1, 2022
1.80 B USD
0.00 USD
717.00 M USD
0.00 USD
Jan 1, 2023
1.99 B USD
911.00 M USD
0.00 USD
0.00 USD
Jan 1, 2024
2.11 B USD
1.08 B USD
0.00 USD
0.00 USD
Jan 1, 2025
2.30 B USD
1.02 B USD
0.00 USD
0.00 USD

Light & Wonder Revenue by Segment (2/8)

  • 3 Years

  • 5 Years

  • Max

Gaming operations
Gaming machine sales
Mobile in-app purchases
Third-party platforms and other(1)
Instant products
Mobile
Social B2C
Lottery systems
Gaming systems
Table products
Gaming and other
Direct-to-consumer platforms
Sports and platform
Web in-app purchases and other(2)
Web and other
Other
Weighted Area Progressive Services
Gaming operations(1)
Details
Date
Gaming operations
Gaming machine sales
Mobile in-app purchases
Third-party platforms and other(1)
Instant products
Mobile
Social B2C
Lottery systems
Gaming systems
Table products
Gaming and other
Direct-to-consumer platforms
Sports and platform
Web in-app purchases and other(2)
Web and other
Other
Weighted Area Progressive Services
Gaming operations(1)
Jan 1, 2018
631.90 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
156.00 M USD
0.00 USD
119.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
16.00 M USD
312.00 M USD
0.00 USD
0.00 USD
0.00 USD
506.00 M USD
0.00 USD
339.00 M USD
171.00 M USD
111.00 M USD
171.00 M USD
0.00 USD
127.00 M USD
0.00 USD
76.00 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
360.00 M USD
0.00 USD
0.00 USD
0.00 USD
537.00 M USD
0.00 USD
0.00 USD
204.00 M USD
156.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
69.00 M USD
0.00 USD
0.00 USD
27.00 M USD
Jan 1, 2022
0.00 USD
522.00 M USD
584.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
255.00 M USD
189.00 M USD
0.00 USD
0.00 USD
0.00 USD
87.00 M USD
0.00 USD
0.00 USD
0.00 USD
23.00 M USD
Jan 1, 2023
0.00 USD
708.00 M USD
681.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
268.00 M USD
213.00 M USD
0.00 USD
0.00 USD
0.00 USD
96.00 M USD
0.00 USD
0.00 USD
0.00 USD
17.00 M USD
Jan 1, 2024
690.00 M USD
865.00 M USD
0.00 USD
733.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
302.00 M USD
211.00 M USD
0.00 USD
88.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
860.00 M USD
821.00 M USD
0.00 USD
644.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
285.00 M USD
217.00 M USD
0.00 USD
150.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
23.00 M USD
0.00 USD

Light & Wonder Revenue by Segment (3/8)

  • 3 Years

  • 5 Years

  • Max

Gaming operations
Gaming machine sales
Instant products
Mobile
Social B2C
Lottery systems
Gaming systems
Table products
Gaming and other
Sports and platform
Web and other
Other
Weighted Area Progressive Services
Details
Date
Gaming operations
Gaming machine sales
Instant products
Mobile
Social B2C
Lottery systems
Gaming systems
Table products
Gaming and other
Sports and platform
Web and other
Other
Weighted Area Progressive Services
Jan 1, 2018
0.00 USD
646.30 M USD
0.00 USD
322.90 M USD
0.00 USD
253.80 M USD
320.60 M USD
232.60 M USD
169.10 M USD
100.50 M USD
93.00 M USD
0.00 USD
0.00 USD
Jan 1, 2019
20.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
23.00 M USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Light & Wonder Revenue by Segment (4/8)

  • 3 Years

  • 5 Years

  • Max

Gaming machine sales
Mobile
Lottery systems
Gaming systems
Table products
Web and other
Details
Date
Gaming machine sales
Mobile
Lottery systems
Gaming systems
Table products
Web and other
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
609.00 M USD
391.00 M USD
323.00 M USD
295.00 M USD
247.00 M USD
75.00 M USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Light & Wonder Revenue by Segment (5/8)

  • 3 Years

  • 5 Years

  • Max

SciPlay
Details
Date
SciPlay
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
582.00 M USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
671.00 M USD
Jan 1, 2023
777.00 M USD
Jan 1, 2024
821.00 M USD
Jan 1, 2025
794.00 M USD

Light & Wonder Revenue by Segment (6/8)

  • 3 Years

  • Max

Gaming
iGaming
Details
Date
Gaming
iGaming
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
1.32 B USD
226.00 M USD
Jan 1, 2022
1.60 B USD
240.00 M USD
Jan 1, 2023
1.85 B USD
275.00 M USD
Jan 1, 2024
2.07 B USD
299.00 M USD
Jan 1, 2025
0.00 USD
0.00 USD

Light & Wonder Revenue by Segment (7/8)

  • 3 Years

  • 5 Years

  • Max

Gaming
Lottery
SciPlay
Interactive
Social
iGaming
Digital
Details
Date
Gaming
Lottery
SciPlay
Interactive
Social
iGaming
Digital
Jan 1, 2018
1.83 B USD
846.30 M USD
0.00 USD
0.00 USD
415.90 M USD
0.00 USD
269.60 M USD
Jan 1, 2019
1.75 B USD
911.00 M USD
466.00 M USD
0.00 USD
0.00 USD
0.00 USD
275.00 M USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
606.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
2.18 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
337.00 M USD
0.00 USD

Light & Wonder Revenue by Segment (8/8)

  • 3 Years

  • 5 Years

  • Max

Gaming
Lottery
Digital
Details
Date
Gaming
Lottery
Digital
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
926.00 M USD
918.00 M USD
298.00 M USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD

Light & Wonder Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States
Domestic
Other Countries
International
United Kingdom
Details
Date
United States
Domestic
Other Countries
International
United Kingdom
Jan 1, 2018
2.19 B USD
0.00 USD
1.17 B USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
2.20 B USD
1.21 B USD
0.00 USD
0.00 USD
Jan 1, 2020
1.82 B USD
0.00 USD
905.00 M USD
0.00 USD
0.00 USD
Jan 1, 2021
1.55 B USD
0.00 USD
602.00 M USD
0.00 USD
0.00 USD
Jan 1, 2022
1.73 B USD
0.00 USD
778.00 M USD
0.00 USD
0.00 USD
Jan 1, 2023
1.95 B USD
0.00 USD
954.00 M USD
0.00 USD
0.00 USD
Jan 1, 2024
2.09 B USD
0.00 USD
1.10 B USD
0.00 USD
0.00 USD
Jan 1, 2025
2.27 B USD
0.00 USD
1.04 B USD
0.00 USD
0.00 USD

Light & Wonder Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Light & Wonder historical P/E ratio, EBIT multiple, and P/S ratio

Light & Wonder annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Light & Wonder shares outstanding

The number of shares of Light & Wonder was 91 M in 2025. This indicates how many shares Light & Wonder is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
95.00 M Stocks
Jan 1, 2021
96.00 M Stocks
Jan 1, 2022
95.00 M Stocks
Jan 1, 2023
93.00 M Stocks
Jan 1, 2024
91.00 M Stocks
Jan 1, 2025 (e)
91.00 M Stocks
Jan 1, 2026 (e)
91.00 M Stocks
Jan 1, 2027 (e)
91.00 M Stocks

Light & Wonder stock splits

In Light & Wonder's history, there have been no stock splits.

Current Light & Wonder forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy54.55 % (6)
Hold36.36 % (4)
Sell9.09 % (1)
12M Price Target
112.20
Last Price
80.51
Currency
USD
12M Return Potential
39.36 %
LTM Return
0 %

Light & Wonder Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/4/20261.51USD900.09 MUSD2026 Q2
5/5/20261.18USD867.54 MUSD2026 Q1
2/24/20261.90USD936.44 MUSD2025 Q4
11/12/20241.10USD829.43 MUSD2024 Q3
11/7/20241.11USD829.85 MUSD2024 Q3
5/7/20240.65USD734.40 MUSD2024 Q1
2/28/20240.72USD753.78 MUSD2023 Q4
11/7/20230.50USD688.76 MUSD2023 Q3
8/7/20230.61USD662.64 MUSD2023 Q2
11/9/20220.39USD634.97 MUSD2022 Q3

EESG©

Eulerpool ESG Scorecard© for the Light & Wonder stock

62/100
58
Environment
67
Social
62
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees29
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Light & Wonder shareholder structure

% Name
10.11788%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
9.29524%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
9.14657%
Fine Capital Partners LP
Fine Capital Partners LP
3.16465%
State Street Investment Management (US)
State Street Investment Management (US)
2.83763%
Capital World Investors
Capital World Investors
2.83137%
Consolidated Press International Holdings Ltd
Consolidated Press International Holdings Ltd
...

Light & Wonder Executives and Management Board

MW

Mr. Matthew Wilson

(43)

President, Chief Executive Officer, Director · since 2020

Compensation6.86 M USD
SL

Ms. Siobhan Lane

(43)

Executive Vice President, Group Chief Executive - Gaming

Compensation5.06 M USD
JS

Mr. James Sottile

(64)

Executive Vice President, Chief Legal Officer, Corporate Secretary

Compensation2.51 M USD
OC

Mr. Oliver Chow

(44)

Executive Vice President, Chief Financial Officer, Treasurer

Compensation2.19 M USD
JO

Mr. Jamie Odell

(66)

Executive Chairman of the Board · since 2020

Compensation900,000.00 USD

Light & Wonder Supply Chain

Light & Wonder Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
International Game Tech
Supplier
—
—
—
—
—
2
PLBY Group
—
—
—
—
—
3
Las Vegas Sands
—
—
—
—
—
4
Meta Platforms A
Supplier
—
—
—
—
—
5
Churchill Downs
—
—
—
—
—

Frequently asked questions about Light & Wonder

Scientific Games Corp is a leading provider of technology-based products, systems, and services for the gaming, lottery, and digital gaming industries. The company offers a comprehensive suite of gaming products, including lottery terminals, gaming machines, and management systems. Additionally, Scientific Games Corp provides interactive gaming services, mobile apps, and online gaming platforms. By integrating advanced technology and innovative solutions, Scientific Games Corp helps its customers enhance player experiences and drive revenue growth. With its diverse portfolio and strong industry expertise, Scientific Games Corp continues to establish itself as a leading player in the gaming and lottery sectors.

All fundamentals and in-depth analysis of Light & Wonder

Our stock analysis for Light & Wonder stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Light & Wonder. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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