Gentoo Media shared its Q2 2026 results on August 26, 2026, revealing that the affiliate suffered a 9% year-on-year decrease in revenue, generating €22.9 million, compared to...
In its Q2 2026 earnings call, Penn Entertainment revealed that it generated $1.86 billion in quarterly revenue, representing a 5.2% year-on-year increase and aligning with expected estimates.
Adjusted EBITDA for the quarter stood at $312.6 million, a 32% rise compared to 2025’s $236.1 million. The improved performance also helped bring up diluted earnings per common share to $0.24. At the same time, operating margins jumped from 5.3% to 7.1%.
CEO and President of Penn Entertainment, Jay Snowden, commented:
“We continued to execute against our 2026 strategic priorities this quarter: delivering Segment Adjusted EBITDAR growth, optimizing corporate overhead, growing cash flow, and deleveraging the balance sheet. PENN achieved record quarterly Retail segment revenues, supported by strong performance across our portfolio, including our four recently completed development projects.”
Segment-wise, Northeast revenue came in at $731.6 million, showing a 2.8% rise, and the South segment brought in $301.9 million, representing a slight 0.1% decline. The Midwest generated an 8% year-on-year increase in revenue to $320.6 million, while the West was up by 10%, comprising $151.5 million in revenue. Lastly, the Interactive business reported $349.4 million in quarterly revenue.
In total, liquidity as of June 30, 2026, was $1.9 billion, of which $887.2 million was in cash and cash equivalents.
