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OTC · Technology

Light & Wonder, Inc. (LNWO)

Light & Wonder, Inc. brought in $3.3B of revenue over the twelve months to June 30, 2026, up 4.8% from a year earlier. Net income was $271M, a net margin of 8.1%. At June 30, 2026 it held $148M in cash against $5.1B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 4, 2026.

Watch LNWO in 60 seconds
Price
$78.23
+1.30% on the day · September 28, 2026
52-week range $70.00 to $122.65
Market cap
$6B
Revenue (last 12 months)
$3.3B
+4.8% year on year
Net margin
8.1%
P/E
24.0
on FY2025 diluted EPS

What Light & Wonder, Inc. does

Light & Wonder, Inc. is registered with the SEC under industry code SIC 7373 (Services-Computer Integrated Systems Design). Its shares trade on OTC under the ticker LNWO.

Revenue and profit by year

Revenue
FY18: $3.4B $3.4B FY18FY19: $2.4B $2.4B FY19FY20: $1.7B $1.7B FY20FY21: $2.2B $2.2B FY21FY22: $2.5B $2.5B FY22FY23: $2.9B $2.9B FY23FY24: $3.2B $3.2B FY24FY25: $3.3B $3.3B FY25
Net income
FY18: -$352M -$352M FY18FY19: -$130M -$130M FY19FY20: -$569M -$569M FY20FY21: $371M $371M FY21FY22: $3.7B $3.7B FY22FY23: $163M $163M FY23FY24: $336M $336M FY24FY25: $276M $276M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$3.3B$683M$276M$3.26n/a
2024$3.2B$668M$336M$3.68n/a
2023$2.9B$518M$163M$1.75n/a
2022$2.5B$273M$3.7B$38.78n/a
2021$2.2B$110M$371M$3.77n/a
2020$1.7B-$245M-$569M-$6.02n/a

Full financial statements: income, balance sheet and cash flow

Next report expected around November 2, 2026.

Estimated from its filing rhythm: about 90 days after its last report of August 4, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where LNWO ranks in Technology

Revenue$3.3B
#120 of 731 in Technology · Top 16%
Revenue growth+4.0%
#407 of 604 in Technology · Bottom 33%
Net margin8.3%
#207 of 611 in Technology · Top 34%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Light & Wonder, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 31, 2026
  2. August 17, 2026
  3. August 4, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 2.3% to $828M versus the same quarter last year; diluted EPS $1.53 versus $1.11.
  4. August 4, 2026
  5. July 13, 2026
  6. June 15, 2026
  7. June 11, 2026
  8. June 10, 2026
  9. June 1, 2026
  10. June 1, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 17, 2026. Insider transactions on SEC

Insider trades

What the people running Light & Wonder, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $7.9M worth of shares in the last 90 days and bought none on the open market.

Bought (open market)
$0
last 90 days
Sold
$7.9M
last 90 days
Net sold
85,700
$7.9M
DateInsiderWhatSharesPriceValueFiling
September 9, 2026 McLennan HamishDirector Sold 3,700 $89.26 $330.3K Form 4
August 25, 2026 Chow OliverEVP, CFO & Treas Exercised options 879 - - Form 4
August 25, 2026 Chow OliverEVP, CFO & Treas Shares withheld for tax 346 $91.13 $31.5K Form 4
August 18, 2026 Odell JamieDirector Sold 1,425 $91.50 $130.4K Form 4
August 18, 2026 Odell JamieDirector Sold 37,929 $91.95 $3.5M Form 4
August 18, 2026 Odell JamieDirector Sold 646 $93.06 $60.1K Form 4
August 18, 2026 Korsanos AntoniaDirector Sold 1,425 $91.50 $130.4K Form 4
August 18, 2026 Korsanos AntoniaDirector Sold 37,929 $91.95 $3.5M Form 4
August 18, 2026 Korsanos AntoniaDirector Sold 646 $93.06 $60.1K Form 4
August 17, 2026 Odell JamieDirector Exercised options 150,000 $35.42 $5.3M Form 4
August 17, 2026 Odell JamieDirector Shares withheld for tax 55,334 $95.84 $5.3M Form 4
August 17, 2026 Korsanos AntoniaDirector Exercised options 150,000 $35.42 $5.3M Form 4
August 17, 2026 Korsanos AntoniaDirector Shares withheld for tax 55,334 $95.84 $5.3M Form 4
August 6, 2026 Lane SiobhanSVP & CEO - Gaming Sold 2,000 $83.31 $166.6K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns LNWO

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Debra Fine13G, passive with 3 related filers 10.1% 8,258,687 November 7, 2025
Vanguard Capital Management13G, passive 5.69% 4,566,853 May 1, 2026
Caledonia (Private) Investments Pty Limited13G, passive with 1 related filers 5.37% 4,141,343 August 31, 2026

Latest filings below 5%: The Vanguard Group 0% (March 27, 2026).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

5 insiders reported holding 309,920 shares in total, about $24.2M at the last price.

HolderSharesAs of
Korsanos AntoniaDirector 133,483 August 18, 2026
Odell JamieDirector 126,859 August 18, 2026
McLennan HamishDirector 25,137 September 9, 2026
Lane SiobhanSVP & CEO - Gaming 14,933 August 6, 2026
Chow OliverEVP, CFO & Treas 9,508 August 25, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about LNWO

What does Light & Wonder, Inc. do?

Light & Wonder, Inc. is registered with the SEC under industry code SIC 7373 (Services-Computer Integrated Systems Design). Its shares trade on OTC under the ticker LNWO.

Is Light & Wonder, Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $271M on revenue of $3.3B, a net margin of 8.1%.

How much revenue does Light & Wonder, Inc. make?

Over the twelve months to June 30, 2026 Light & Wonder, Inc. reported revenue of $3.3B. That is 4.8% more than a year earlier.

When did Light & Wonder, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 4, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 17, 2026.

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Where the numbers come from

Financial figures are the values Light & Wonder, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.