Light & Wonder reports $774m revenue in Q1 2025
Light & Wonder reported $774 million in revenue for Q1 2025, up 1.6% year on year, marking its 16th consecutive quarter of consolidated revenue growth. Gaming revenue rose 4% to $495 million, while SciPlay revenue fell 2% to $202 million and iGaming revenue increased 4% to $77 million; the company reiterated its 2025 adjusted EBITDA target of $1.5 billion.
Light & Wonder’s results show contrasting segment trends while reaffirming its adjusted EBITDA target for 2025.