Light & Wonder reports US$163 million adjusted profit for third quarter
Light & Wonder reported adjusted net profit after tax of US$163 million for the three months to 30 September 2026, up 7% year on year. Revenue fell 2% to US$824 million, while iGaming revenue rose 13% to US$97 million and consolidated Adjusted EBITDA edged up to US$383 million. The company said it reduced debt by US$153 million during the quarter, leaving around US$5 billion outstanding.
Investors can weigh iGaming growth and higher profit against lower revenue and Light & Wonder’s remaining debt.