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Golden Entrtnmnt Financials

GDEN
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Golden Entrtnmnt (GDEN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 34 / 100
Financial Profile 34/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
30

Golden Entrtnmnt has an operating margin of 3.4%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 30/100, indicating healthy but not exceptional operating efficiency. This is down from 16.8% the prior year.

Growth
25

Golden Entrtnmnt's revenue declined 4.8% year-over-year, from $666.8M to $634.9M. This contraction results in a growth score of 25/100.

Leverage
81

Golden Entrtnmnt carries a low D/E ratio of 1.01, meaning only $1.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 81/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
18

Golden Entrtnmnt's current ratio of 1.17 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 18/100, which could limit financial flexibility.

Cash Flow
39

Golden Entrtnmnt has a free cash flow margin of 5.6%, earning a moderate score of 39/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
8

Golden Entrtnmnt generates a -1.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 8/100. This is down from 10.7% the prior year.

Altman Z-Score Distress
1.34

Golden Entrtnmnt scores 1.34, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($713.8M) relative to total liabilities ($597.2M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral
5/9

Golden Entrtnmnt passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed
-13.75x

For every $1 of reported earnings, Golden Entrtnmnt generates $-13.75 in operating cash flow ($83.1M OCF vs -$6.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe
13.5x

Golden Entrtnmnt earns $13.5 in operating income for every $1 of interest expense ($21.5M vs $1.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$634.9M
YoY-4.8%
5Y CAGR-1.8%
10Y CAGR+13.1%

Golden Entrtnmnt generated $634.9M in revenue in fiscal year 2025. This represents a decrease of 4.8% from the prior year.

EBITDA
$111.8M
YoY-44.7%
5Y CAGR+14.4%
10Y CAGR+14.4%

Golden Entrtnmnt's EBITDA was $111.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 44.7% from the prior year.

Net Income
-$6.0M
YoY-111.9%

Golden Entrtnmnt reported -$6.0M in net income in fiscal year 2025. This represents a decrease of 111.9% from the prior year.

EPS (Diluted)
$-0.23
YoY-113.5%

Golden Entrtnmnt earned $-0.23 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 113.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$35.6M
YoY-16.2%
5Y CAGR+173.4%
10Y CAGR+38.2%

Golden Entrtnmnt generated $35.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 16.2% from the prior year.

Cash & Debt
$55.3M
YoY-4.2%
5Y CAGR-11.8%
10Y CAGR-2.2%

Golden Entrtnmnt held $55.3M in cash against $426.6M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
26M
YoY-1.2%
5Y CAGR-1.4%
10Y CAGR+1.8%

Golden Entrtnmnt had 26M shares outstanding in fiscal year 2025. This represents a decrease of 1.2% from the prior year.

Margins & Returns

Gross Margin
92.8%
YoY-0.3pp

Golden Entrtnmnt's gross margin was 92.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the prior year.

Operating Margin
3.4%
YoY-13.4pp
5Y CAGR+13.1pp
10Y CAGR-6.5pp

Golden Entrtnmnt's operating margin was 3.4% in fiscal year 2025, reflecting core business profitability. This is down 13.4 percentage points from the prior year.

Net Margin
-0.9%
YoY-8.6pp
5Y CAGR+18.7pp
10Y CAGR-14.1pp

Golden Entrtnmnt's net profit margin was -0.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 8.6 percentage points from the prior year.

Return on Equity
-1.4%
YoY-12.1pp
5Y CAGR+83.3pp
10Y CAGR-13.1pp

Golden Entrtnmnt's ROE was -1.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 12.1 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$22.3M
YoY-75.7%
5Y CAGR+87.9%

Golden Entrtnmnt spent $22.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 75.7% from the prior year.

Capital Expenditures
$47.5M
YoY-4.8%
5Y CAGR+5.4%
10Y CAGR+19.6%

Golden Entrtnmnt invested $47.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 4.8% from the prior year.

GDEN Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $155.6M+0.5% $154.8M-5.4% $163.6M+1.7% $160.8M-2.0% $164.2M+1.8% $161.2M-3.6% $167.3M-3.9% $174.0M
Cost of Revenue $11.6M+4.0% $11.2M-1.8% $11.4M-2.9% $11.7M+93.3% $6.1M-46.3% $11.3M-0.1% $11.3M-35.8% $17.6M
Gross Profit $144.0M+0.3% $143.6M-5.6% $152.3M+2.1% $149.1M-5.7% $158.1M+5.5% $149.9M-3.9% $156.0M-0.3% $156.4M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $54.2M-2.3% $55.5M+1.7% $54.6M+0.8% $54.1M+3.7% $52.2M-8.5% $57.1M+1.7% $56.1M-6.5% $60.0M
Operating Income -$2.3M-364.9% $882K-92.6% $11.9M+7.7% $11.1M-5.5% $11.7M+74.2% $6.7M-50.3% $13.5M-83.1% $80.1M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax -$1.3M+45.1% -$2.4M-442.0% -$443K-141.4% $1.1M-3.7% $1.1M+117.4% -$6.4M-4343.1% -$144K-100.5% $27.5M
Net Income -$8.5M-82.8% -$4.7M-200.6% $4.6M+85.4% $2.5M-16.1% $3.0M-42.4% $5.2M+729.4% $623K-98.5% $42.0M
EPS (Diluted) N/A $-0.18-205.9% $0.17+88.9% $0.09 N/A $0.18+800.0% $0.02-98.5% $1.37

GDEN Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $1.0B-1.7% $1.0B-0.9% $1.0B-1.2% $1.1B-2.0% $1.1B-2.0% $1.1B-6.7% $1.2B-21.4% $1.5B
Current Assets $104.3M+1.4% $102.8M+5.0% $98.0M+1.8% $96.2M-7.3% $103.8M-1.6% $105.5M-18.9% $130.1M-71.1% $449.8M
Cash & Equivalents $55.3M-5.0% $58.3M+11.4% $52.3M+3.6% $50.5M-12.5% $57.7M-15.8% $68.6M-22.7% $88.6M-78.1% $404.3M
Inventory $8.5M+12.2% $7.6M-3.5% $7.8M-0.6% $7.9M-1.5% $8.0M+5.8% $7.6M+7.6% $7.0M-3.4% $7.3M
Accounts Receivable $13.9M+2.0% $13.7M+0.6% $13.6M-12.2% $15.5M+17.4% $13.2M-2.7% $13.5M-19.7% $16.8M-4.8% $17.7M
Goodwill $86.5M0.0% $86.5M0.0% $86.5M0.0% $86.5M0.0% $86.5M-2.0% $88.3M0.0% $88.3M+4.7% $84.3M
Total Liabilities $597.2M-0.8% $601.9M-0.1% $602.6M+1.1% $596.0M-1.6% $605.7M+2.9% $588.5M-8.4% $642.2M-31.1% $932.3M
Current Liabilities $89.5M-4.6% $93.8M+7.5% $87.2M-13.7% $101.0M0.0% $101.0M+6.6% $94.8M-44.0% $169.3M-11.0% $190.2M
Long-Term Debt $426.6M+2.2% $417.3M-1.4% $423.3M+6.0% $399.3M-1.5% $405.3M+4.9% $386.3M-0.5% $388.2M-41.3% $660.9M
Total Equity $420.9M-3.1% $434.2M-2.1% $443.3M-4.1% $462.0M-2.6% $474.2M-7.6% $513.1M-4.8% $539.0M-5.4% $569.6M
Retained Earnings -$62.4M-31.8% -$47.3M-31.0% -$36.1M-84.4% -$19.6M-149.7% -$7.8M-124.1% $32.6M-45.9% $60.2M-37.4% $96.2M

GDEN Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $10.2M-61.9% $26.9M+54.2% $17.4M-39.0% $28.6M+26.8% $22.5M+0.1% $22.5M+4.7% $21.5M-16.6% $25.8M
Capital Expenditures $14.6M+93.4% $7.5M-43.8% $13.4M+12.6% $11.9M+45.3% $8.2M+4.5% $7.8M-55.4% $17.6M+8.2% $16.3M
Free Cash Flow -$4.4M-122.6% $19.3M+384.1% $4.0M-76.0% $16.6M+16.2% $14.3M-2.3% $14.7M+274.9% $3.9M-59.0% $9.5M
Investing Cash Flow -$14.6M-95.2% -$7.5M+44.3% -$13.4M-12.9% -$11.9M-50.6% -$7.9M-0.6% -$7.8M+69.4% -$25.6M-113.6% $188.6M
Financing Cash Flow $1.4M+110.6% -$13.4M-515.6% -$2.2M+90.9% -$23.9M+6.1% -$25.5M+26.7% -$34.8M+88.8% -$311.6M-3969.6% -$7.7M
Dividends Paid $6.5M0.0% $6.5M0.0% $6.5M-1.4% $6.6M-4.5% $6.9M-0.2% $7.0M-2.3% $7.1M $0
Share Buybacks $0 $0-100.0% $14.6M+92.1% $7.6M-79.4% $36.9M+47.0% $25.1M-15.0% $29.5M $0

GDEN Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 92.5%-0.2pp 92.8%-0.3pp 93.0%+0.3pp 92.7%-3.6pp 96.3%+3.3pp 93.0%-0.2pp 93.2%+3.4pp 89.9%
Operating Margin -1.5%-2.1pp 0.6%-6.7pp 7.3%+0.4pp 6.9%-0.3pp 7.1%+3.0pp 4.2%-3.9pp 8.1%-38.0pp 46.1%
Net Margin -5.5%-2.5pp -3.0%-5.8pp 2.8%+1.3pp 1.6%-0.3pp 1.8%-1.4pp 3.2%+2.8pp 0.4%-23.7pp 24.1%
Return on Equity -2.0%-0.9pp -1.1%-2.1pp 1.0%+0.5pp 0.5%-0.1pp 0.6%-0.4pp 1.0%+0.9pp 0.1%-7.2pp 7.4%
Return on Assets -0.8%-0.4pp -0.4%-0.9pp 0.4%+0.2pp 0.2%-0.0pp 0.3%-0.2pp 0.5%+0.4pp 0.1%-2.7pp 2.8%
Current Ratio 1.17+0.1 1.10-0.0 1.12+0.2 0.95-0.1 1.03-0.1 1.11+0.3 0.77-1.6 2.36
Debt-to-Equity 1.01+0.1 0.960.0 0.95+0.1 0.860.0 0.85+0.1 0.75+0.0 0.72-0.4 1.16
FCF Margin -2.8%-15.3pp 12.5%+10.0pp 2.4%-7.9pp 10.3%+1.6pp 8.7%-0.4pp 9.1%+6.8pp 2.3%-3.1pp 5.5%

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Frequently Asked Questions

Golden Entrtnmnt (GDEN) reported $634.9M in total revenue for fiscal year 2025. This represents a -4.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Golden Entrtnmnt (GDEN) revenue declined by 4.8% year-over-year, from $666.8M to $634.9M in fiscal year 2025.

No, Golden Entrtnmnt (GDEN) reported a net income of -$6.0M in fiscal year 2025, with a net profit margin of -0.9%.

Golden Entrtnmnt (GDEN) reported diluted earnings per share of $-0.23 for fiscal year 2025. This represents a -113.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Golden Entrtnmnt (GDEN) had EBITDA of $111.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Golden Entrtnmnt (GDEN) had $55.3M in cash and equivalents against $426.6M in long-term debt.

Golden Entrtnmnt (GDEN) had a gross margin of 92.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Golden Entrtnmnt (GDEN) had an operating margin of 3.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Golden Entrtnmnt (GDEN) had a net profit margin of -0.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Golden Entrtnmnt (GDEN) has a return on equity of -1.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Golden Entrtnmnt (GDEN) generated $35.6M in free cash flow during fiscal year 2025. This represents a -16.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Golden Entrtnmnt (GDEN) generated $83.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Golden Entrtnmnt (GDEN) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Golden Entrtnmnt (GDEN) invested $47.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Golden Entrtnmnt (GDEN) spent $22.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Golden Entrtnmnt (GDEN) had 26M shares outstanding as of fiscal year 2025.

Golden Entrtnmnt (GDEN) had a current ratio of 1.17 as of fiscal year 2025, which is considered adequate.

Golden Entrtnmnt (GDEN) had a debt-to-equity ratio of 1.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Golden Entrtnmnt (GDEN) had a return on assets of -0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Golden Entrtnmnt (GDEN) has an Altman Z-Score of 1.34, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Golden Entrtnmnt (GDEN) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Golden Entrtnmnt (GDEN) has an earnings quality ratio of -13.75x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Golden Entrtnmnt (GDEN) has an interest coverage ratio of 13.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Golden Entrtnmnt (GDEN) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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