Light & Wonder, Inc.
- LAWIL · OTC
- Services-Computer Integrated Systems Design
- Las Vegas, NV
- 6,800 employees
- CIK 0000750004
Updated from SEC filings through
Top things to know
Executives
- Matthew R. Wilson President & CEO 4, 2026-09-17
- Siobhan Lane SVP & CEO - Gaming 4, 2026-08-10
- Oliver Chow EVP, CFO & Treas 4, 2026-08-26
- Vanja Kalabic SVP & Chief Accounting Officer 4, 2026-03-24
Light & Wonder, Inc. is a U.S. public company in services-computer integrated systems design (SIC 7373), headquartered in Las Vegas, NV. It trades as LAWIL on OTC. Revenue was $3.3B in the fiscal year ending December 31, 2025, +4.0% from the year before. It reported about 6,800 employees. Matthew R. Wilson is President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $3.3B 10-K, 2026-02-24 | $3.2B 10-K, 2026-02-24 | $2.9B 10-K, 2026-02-24 | $2.5B 10-K, 2025-02-25 | $2.2B 10-K, 2024-02-27 |
| Operating income | $683M 10-K, 2026-02-24 | $668M 10-K, 2026-02-24 | $518M 10-K, 2026-02-24 | $273M 10-K, 2025-02-25 | $110M 10-K, 2024-02-27 |
| SG&A | $869M 10-K, 2026-02-24 | $872M 10-K, 2026-02-24 | $808M 10-K, 2026-02-24 | $717M 10-K, 2025-02-25 | $679M 10-K, 2024-02-27 |
| Net income | $276M 10-K, 2026-02-24 | $336M 10-K, 2026-02-24 | $163M 10-K, 2026-02-24 | $3.7B 10-K, 2025-02-25 | $371M 10-K, 2024-02-27 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Matthew R. Wilson | President & CEO | 4, 2026-09-17 |
| Siobhan Lane Chief Executive Officer, Gaming at Light & Wonder | SVP & CEO - Gaming | 4, 2026-08-10 |
| Oliver Chow CFO of Light & Wonder | Board Director | EVP, CFO & Treas | 4, 2026-08-26 |
| Vanja Kalabic | SVP & Chief Accounting Officer | 4, 2026-03-24 |
What Light & Wonder, Inc. does
,” “we,” “us,” “our” and the “Company” refer to L&W and its consolidated subsidiaries.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 77.0 million (as of October 30, 2026) | 10-Q, November 4, 2026 |
|---|---|---|
| Public float | $6.3B (as of June 30, 2025) | 10-K, February 24, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting June 10, 2026 (filed April 30, 2026) | DEF 14A, April 30, 2026 |
| Auditor | Deloitte & Touche LLP (Las Vegas, Nevada) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 9, 2026 | Hamish McLennan Director | Sale | 3,700 | $330K | Form 4, September 10, 2026 |
| August 18, 2026 | Antonia Korsanos Director | Sale | 40,000 | $3.7M | Form 4, August 19, 2026 |
| August 18, 2026 | Jamie Odell Director | Sale | 40,000 | $3.7M | Form 4, August 19, 2026 |
| August 6, 2026 | Siobhan Lane SVP & CEO - Gaming | Sale | 2,000 | $167K | Form 4, August 10, 2026 |
| June 16, 2026 | Jamie Odell Director | Sale | 30,000 | $2.7M | Form 4, June 17, 2026 |
| June 16, 2026 | Antonia Korsanos Director | Sale | 30,000 | $2.7M | Form 4, June 17, 2026 |
| March 11, 2026 | Siobhan Lane SVP & CEO - Gaming | Sale | 12,953 | $1.2M | Form 4, March 12, 2026 |
| March 10, 2026 | Siobhan Lane SVP & CEO - Gaming | Sale | 17,394 | $1.6M | Form 4, March 11, 2026 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-17
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-13
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-06-15
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-06-11
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-06-10
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-24
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-22
- Item 1.01 Entry into a material definitive agreement
Frequently asked questions about Light & Wonder, Inc.
- What does Light & Wonder, Inc. do?
- In its own words, from Item 1 of its 10-K: ",” “we,” “us,” “our” and the “Company” refer to L&W and its consolidated subsidiaries."
- What is Light & Wonder, Inc.'s revenue?
- $3.3B for the fiscal year ending December 31, 2025, from its 10-K filed February 24, 2026.
- Is Light & Wonder, Inc. profitable?
- Light & Wonder, Inc. reported net income of $276M for the fiscal year ending December 31, 2025.
- How many employees does Light & Wonder, Inc. have?
- About 6,800 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Light & Wonder, Inc.?
- Matthew R. Wilson, President & CEO, as named in a 4 filed September 17, 2026.
- Who is the CFO of Light & Wonder, Inc.?
- Oliver Chow, EVP, CFO & Treas, as named in a 4 filed August 26, 2026.
- Where is Light & Wonder, Inc. headquartered?
- Las Vegas, NV.
- What is Light & Wonder, Inc.'s stock ticker?
- LAWIL, LNWO on OTC.
- What industry is Light & Wonder, Inc. in?
- Services-Computer Integrated Systems Design, SIC code 7373.
- What is Light & Wonder, Inc.'s website?
- explore.investors.lnw.com. Investor relations: https://explore.investors.lnw.com/.
- When does Light & Wonder, Inc. report earnings next?
- February 2, 2027. Source: estimate_8k_pattern.
- Is Light & Wonder, Inc. a public company?
- Yes. Light & Wonder, Inc. files with the SEC under CIK 0000750004 and trades as LAWIL.
- Who audits Light & Wonder, Inc.?
- Deloitte & Touche LLP, Las Vegas, Nevada, as named in its latest annual report (10-K).
- How many shares of Light & Wonder, Inc. are outstanding?
- 77.0 million shares as of October 30, 2026, from its 10-Q filed November 4, 2026.
- What is Light & Wonder, Inc.'s public float?
- $6.3B as of June 30, 2025, as reported on the cover of its 10-K filed February 24, 2026.
- How many business segments does Light & Wonder, Inc. report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 4, 2026.
- When is Light & Wonder, Inc.'s annual shareholder meeting?
- June 10, 2026, per its proxy statement (DEF 14A) filed April 30, 2026.
- Have Light & Wonder, Inc. insiders traded stock recently?
- Since August 7, 2025, officers and directors reported 11 open-market sales worth about $17.1M and 5 purchases worth about $3.2M on Forms 4 and 5. The most recent: Hamish McLennan (Director) sold 3,700 shares on September 9, 2026.