Global gaming supplier Light & Wonder has reported a vastly improved September quarter, with consolidated revenues climbing by 3% year-on-year and 4% quarter-on-quarter to US$841 million. This, the company explained, was driven by a 4% increase in gaming revenue to US$558 million and record iGaming revenue, up 16% from a year earlier to US$86 million.
Social gaming arm SciPlay saw revenue fall by 4% to US$197 million.
The improved performance saw net income grow by 78% year-on-year to US$114 million – also up from US$95 million in Q2 – while Adjusted EBITDA of US$375 million was 18% higher versus 3Q24 and 6.5% higher than in 2Q25.
This puts the group on track to achieve to its long-stated Adjusted EBITDA goal of US$1.4 billion annually, with Light & Wonder citing revenue growth from Gaming and iGaming coupled with strong margin expansion across all businesses and contributions from Grover.
