Light & Wonder reports $15 million fourth-quarter loss after Aristocrat settlement
Light & Wonder reported a $15 million fourth-quarter loss after a $128 million settlement with Aristocrat Leisure, while revenue rose 12% to $891 million. For 2025, it recorded revenue of $3.3 billion and profit of $276 million; the company also said it had $336 million remaining for share buybacks.
The settlement drove a quarterly loss despite revenue growth, shaping investors’ view of Light & Wonder’s earnings and buybacks.