Welcome to our dedicated page for Boyd Gaming SEC filings (Ticker: BYD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Boyd Gaming Corporation’s (NYSE: BYD) SEC filings, offering detailed insight into the company’s financial performance, corporate actions, and risk disclosures. As a Nevada-incorporated operator of gaming entertainment properties and online casino businesses, Boyd Gaming uses its filings to report on operating segments, capital allocation, and material events.
Through periodic reports and current reports on Form 8-K, investors can review information on quarterly and annual results, including segment data for Las Vegas Locals, Downtown Las Vegas, Midwest & South, Online, and Managed & Other. These filings often include reconciliations of non-GAAP measures such as EBITDA, Adjusted EBITDA, EBITDAR, Adjusted EBITDAR, Adjusted Earnings, and Adjusted Earnings Per Share to GAAP metrics, as described in the company’s supplemental information.
Boyd Gaming’s 8-K filings also document material corporate events, such as the declaration of quarterly cash dividends, the sale of its 5% equity interest in FanDuel Group by its Boyd Interactive subsidiary, and the entry into and completion of related purchase agreements and commercial arrangements. Additional 8-Ks describe matters like a cybersecurity incident affecting internal IT systems and the company’s response, as well as purchase agreements for renewable energy investment tax credits intended to reduce the economic cost of federal income tax obligations.
On this page, users can track real-time updates from EDGAR and use AI-powered summaries to quickly understand the significance of each filing. Filings related to quarterly results (e.g., earnings releases furnished on Form 8-K), dividend declarations, asset sales and strategic agreements, and risk and incident disclosures are all organized for efficient review. Form 4 and other ownership-related filings, when available, can help users monitor insider transactions alongside the company’s broader regulatory history.
Boyd Gaming Corporation generated Q1 2026 total revenues of $997.4 million, roughly flat versus $991.6 million a year earlier. Gaming remained the core driver at $650.5 million, while online revenue declined to $26.2 million as online reimbursements rose to $135.4 million.
Net income attributable to Boyd Gaming was $105.5 million, down from $111.4 million, though diluted EPS edged up to $1.37 from $1.31 on a smaller share count. Adjusted EBITDAR was $317.4 million versus $337.5 million, reflecting higher depreciation and project development and writedown expenses of $20.3 million.
Operating cash flow was $134.3 million, while capital expenditures totaled $155.2 million as the company invests heavily in growth, including the Norfolk, Virginia casino project with an expected aggregate spend of about $750 million and roughly $300 million planned in 2026. Boyd refinanced its bank debt with a new $2.65 billion secured credit facility and ended the quarter with $2.3 billion of long-term debt and $378.3 million in cash, cash equivalents and restricted cash. The company repurchased 1.85 million shares for $155.0 million at an average $83.94 and paid a quarterly dividend of $0.20 per share.
William S. Boyd reported a sale of 24,519 shares of Common Stock on 02/11/2026. The transaction shows aggregate proceeds of $2,108,089.58. The filing also lists an award of 8,514 RSU dated 02/21/2025.
Boyd Gaming Corporation reported first-quarter 2026 revenue of $997.4 million, slightly above $991.6 million a year earlier. Net income was $105.5 million, or $1.37 per share, compared with $111.4 million, or $1.31 per share. Adjusted EBITDAR was $317.4 million versus $337.5 million, while adjusted earnings were $123.1 million, or $1.60 per share, down from $137.7 million, or $1.62 per share.
Midwest & South delivered revenue and Adjusted EBITDAR growth, helped by stronger core and retail play and easier weather comparisons. Las Vegas Locals and Downtown Las Vegas were pressured by softer destination business and renovation disruption, while Online Adjusted EBITDAR declined.
The Company opened Cadence Crossing Casino in Las Vegas, continued developing a $750 million Virginia resort, and obtained regulatory approval for an expansion and modernization of its Par-A-Dice property in Illinois. Boyd paid a higher quarterly dividend of $0.20 per share, repurchased $155 million of stock, and added $500 million to its share repurchase authorization, leaving $707 million available as of March 31, 2026. Cash on hand was $372.7 million and total debt was $2.3 billion.
The Vanguard Group filed Amendment No. 9 to a Schedule 13G/A reporting its holdings in Boyd Gaming Corp. The filing states amount beneficially owned: 0 shares representing 0% of the class. It explains an internal realignment effective January 12, 2026, under SEC Release No. 34-39538, after which certain Vanguard subsidiaries report holdings separately.
Boyd Gaming Corporation is asking stockholders to vote at its virtual 2026 Annual Meeting on May 7, 2026. Stockholders of record on March 10, 2026 may vote online on three items: electing eight directors, ratifying Deloitte & Touche LLP as independent auditor for 2026, and approving an advisory say‑on‑pay resolution for named executive officers.
The company operates 27 gaming properties in 11 states plus an online casino business in the U.S. and Canada. For 2025, performance highlights include Adjusted EBITDAR of $1.4B, net income of $1.8B and earnings per share of $22.56, with results affected by an after‑tax gain from selling a FanDuel equity interest. Share repurchases and dividends exceeded $800M.
Executive pay is heavily performance‑based, using Adjusted EBITDAR and strategic goals for annual bonuses and a mix of performance shares, time‑based RSUs and career shares for long‑term incentives. 2023–2025 performance shares paid out at 128% of target. CEO Keith Smith’s 2025 total compensation was $14,697,487 versus median employee pay of $39,154, a 375:1 ratio. Governance features include a majority‑independent board, separated Chair and CEO roles, an independent presiding director, stock ownership guidelines, clawback and anti‑hedging policies, and no poison pill.
Boyd Gaming Corp executive Howard William Shaw III filed an initial ownership report for the company’s common stock. The filing shows direct beneficial ownership of 28,200 shares of common stock.
This total includes 17,047 Restricted Stock Units granted under Boyd Gaming’s 2020 Stock Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting and remains subject to forfeiture and other plan and award agreement conditions.
BOYD GAMING CORP officer Steven Edward Schutte filed an initial ownership report detailing his equity positions in the company. He reported direct ownership of 15,351 Career Restricted Stock Units and 31,231 shares of common stock as of the filing date.
Footnotes explain that certain Restricted Stock Units, including 24,169 RSUs issued under Boyd Gaming’s 2020 Stock Incentive Plan, each represent a contingent right to receive one share of common stock upon vesting. Career Restricted Stock Units are designed to be paid out in common shares at retirement, with the payout level tied to the grantee’s age and years of continuous service.
Boyd Gaming Chief Administrative Officer Stephen S. Thompson reported an open-market sale of 19,530 shares of common stock. The sale took place on February 27, 2026 at a weighted average price of $83.59 per share, executed in multiple trades between $83.28 and $83.99.
After this sale, Thompson directly held 22,009 shares of Boyd Gaming common stock. He also had indirect ownership of 47,125 shares through the Stephen S. and Debra L. Thompson Trust dated December 17, 2015.