Accel Entertainment 2025 Q3 Earnings Net Income Surges 171.8%, Beats Expectations

Accel Entertainment (ACEL), ranked by market capitalization, reported its fiscal 2025 Q3 earnings on Nov 04th, 2025. The company exceeded expectations, with earnings per share (EPS) rising 166.7% to $0.16 and net income surging 171.8% to $13.30 million. Management highlighted strategic growth opportunities and operational efficiency, while analysts noted the stock’s mixed short-term performance despite strong fundamentals.

Revenue

Net gaming revenue surged to $308.48 million, while amusement and manufacturing segments contributed $4.98 million and $1.68 million, respectively. ATM fees and other income added $14.56 million, culminating in total net revenues of $329.69 million—a 9.1% increase from $302.23 million in Q3 2024.

Earnings/Net Income

The EPS and net income increases underscore the company’s strong profitability and operational efficiency, driven by market expansion and margin optimization.

Post-Earnings Price Action Review

Following the earnings release, Accel’s stock edged up 0.30% on the latest trading day but declined 2.93% during the most recent full trading week. Month-to-date, the stock has tumbled 10.70%, reflecting mixed short-term investor sentiment.

CEO Commentary

Andy Rubenstein emphasized leveraging scale in Illinois and Montana, expanding distributed gaming in Louisiana and Fairmount Park, and optimizing margins via ticket-in, ticket-out functionality. The $900 million credit facility and disciplined execution were cited as key enablers for long-term growth.

Guidance

The company reiterated confidence in Louisiana expansion, Fairmount Park ramp-up, and distributed gaming opportunities, though no specific financial targets were provided. Risks include economic uncertainties and regulatory challenges, with a focus on long-term value creation through market expansion.

Additional News

1. Leadership Change: Brett Summerer was appointed CFO, effective September 22, 2025.

2. Capital Structure: A $900 million credit facility extended maturities to 2030, reducing borrowing costs.

3. Shareholder Returns: The company repurchased 0.6 million shares for $6.8 million, signaling commitment to value creation.