Genting Singapore (G13) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was $607.6 million, with adjusted EBITDA of $179.0 million, reflecting steady operational progress.

• Gaming revenue showed improving momentum towards the end of the quarter, while non-gaming revenue increased year-over-year due to higher visitation at key attractions.

Financial highlights

• Q1 2026 revenue was $607.6 million, down 3% sequentially but up 3% year-over-year.

• Adjusted EBITDA was $178.95 million, down 24% sequentially but up 6% year-over-year.

• Net profit after taxation was $65.2 million, down 55% sequentially but up 7% year-over-year.

• Gaming revenue was $403.4 million, down 8% sequentially but up 11% year-over-year.

• Non-gaming revenue was $204.1 million, up 8% sequentially but down 10% year-over-year.

Outlook and guidance

• The group is proactively addressing cost pressures from geopolitical developments and supply chain disruptions.

• Focus remains on asset optimisation, guest experience, and broadening revenue streams through new concepts and enhancements.

• Continued investment in amenities, technological applications, and operational integration to unlock synergies.