Red Rock Resorts (RRR) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Red Rock Resorts published the results on November 3, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Red Rock Resorts reports net revenues; that is the revenue figure on this page.
• Q3 2026 includes $79.1 million of share-based compensation for stock awards granted to substantially all employees for the company's 50th anniversary, plus $6.9 million of other one-time anniversary expenses. Red Rock Resorts reported a net loss for the quarter as a result.
• EPS is per share of Class A common stock. Red Rock Resorts holds an economic interest in Station Holdco, and net income attributable to noncontrolling interests (mostly Fertitta family entities) is subtracted before EPS.

Source: Red Rock Resorts Q3 2026 results, November 3, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Red Rock Resorts splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Red Rock Resorts's Las Vegas operations revenue was $479 million in Q3 2026, up 2% from $469 million in Q3 2025, 98% of total revenue.
• Red Rock Resorts's Native American revenue was $6.2 million in Q3 2026, up 59% from $3.9 million in Q3 2025, 1% of total revenue.
• Red Rock Resorts's Corporate and other revenue was $3.4 million in Q3 2026, up 9% from $3.1 million in Q3 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net revenues and diluted EPS per Class A share, each as first reported in that quarter's release.

We do not hold a confirmed date for Red Rock Resorts's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 3, 2026

Red Rock Resorts reported net revenues of $488.7 million in Q3 2026, up 2.8%, or $13.1 million, from $475.6 million. Casino revenue was $323.9 million of that, food and beverage $88.2 million, room $42.8 million, Native American management and development fees $6.2 million and other $27.6 million. (Red Rock Resorts Q3 2026 release, Nov 3, 2026)

Nearly all of it comes from the Las Vegas operations segment, $479.1 million in the quarter (up 2.2%). Station Casinos, which Red Rock Resorts manages and holds an indirect interest in, serves the residents of the Las Vegas valley through properties including Red Rock Casino Resort Spa, Green Valley Ranch, Durango Resort & Casino and the Wildfire and Seventy Six by Station Casinos locations. (Red Rock Resorts Q3 2026 release, Nov 3, 2026)

Casino revenue rose 1.4% as slot handle, table games drop and race and sports write increased 1.9%, 7.6% and 8.5% from a year earlier. Room revenue rose 3.0%: average daily rate was $185.12 against $179.71, while occupancy fell to 84.0% from 88.0% and revenue per available room fell 1.7% to $155.48. (Red Rock Resorts Form 10-Q, Q3 2026, Nov 4, 2026)

The Native American segment is the North Fork Project, a casino Red Rock Resorts developed for and manages on behalf of the North Fork Rancheria of Mono Indians in Madera County, California. Red Rock Resorts earns a development fee of 4% of construction costs, and development fees revenue was $5.1 million in the quarter. North Fork Mono Casino opened on October 27, 2026 with approximately 2,000 Class III slot machines and approximately 40 table games, and total project costs are expected to be approximately $750 million. (Red Rock Resorts Form 10-Q, Q3 2026, Nov 4, 2026)

Red Rock Resorts reported a diluted loss of $0.17 per Class A share in Q3 2026, against earnings of $0.68 a year earlier, and a net loss of $17.7 million against net income of $76.9 million. The main cause was $79.1 million of share-based compensation for 50th anniversary stock awards granted to substantially all full-time and part-time employees, plus $6.9 million of other one-time anniversary expenses. Share-based compensation in total was $89.8 million, against $7.3 million a year earlier. (Red Rock Resorts Q3 2026 release, Nov 3, 2026)

Red Rock Resorts does not report an adjusted EPS figure. Its main non-GAAP measure is Adjusted EBITDA, which fell 4.3% to $182.6 million, including $5.8 million of one-time anniversary expenses. Depreciation and amortization rose to $62.7 million from $49.0 million. (Red Rock Resorts Q3 2026 release, Nov 3, 2026)

Red Rock Resorts' effective tax rate was 6.6% in the quarter, below the 21% statutory rate largely because Station Holdco is a limited liability company whose income is passed through to its owners. It repurchased 468,342 Class A shares for $26.7 million in Q3 2026, at a weighted average price of $56.94. Class B shares and other dilutive securities were left out of the Q3 2026 diluted share count because the quarter was a loss, so diluted shares were 58,065 thousand against 102,663 thousand a year earlier. (Red Rock Resorts Form 10-Q, Q3 2026, Nov 4, 2026; Red Rock Resorts Q3 2026 release, Nov 3, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Red Rock Resorts does not publish a revenue or earnings outlook in its earnings release. The Q3 2026 release declared a fourth-quarter dividend of $0.26 per Class A share, payable December 31, 2026, against $0.25 declared a year earlier. (Red Rock Resorts Q3 2026 release, Nov 3, 2026)

The North Fork Mono Casino opened on October 27, 2026, after the quarter closed. Red Rock Resorts' management agreement with the tribe pays it a management fee of 30% of the North Fork Project's net income for a term of seven years from the opening. (Red Rock Resorts Form 10-Q, Q3 2026, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Red Rock Resorts, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Red Rock Resorts's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning RRR is on is RRR a buy or a sell?, what analysts expect next is on the RRR forecast, and what the company does is on the Red Rock Resorts (RRR) stock page.

Every number on this page can be traced to a document Red Rock Resorts published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.