The earnings call highlighted record-breaking revenue and strong growth in core and developing markets, with successful expansions and acquisitions boosting performance. However, challenges in Nevada and a revenue decline in Montana's consolidated operations were noted.

Company Guidance -

Q3 2025

In the second quarter of 2025, Accel Entertainment reported record-breaking financial results, with revenue reaching $336 million and adjusted EBITDA hitting $53 million. The company operates over 27,000 gaming terminals across 4,400 locations in 10 states, showcasing significant growth, particularly in Illinois and Montana. Illinois saw an 8% increase in revenue to a record $245 million, driven by strategic game enhancements and location optimization efforts, with a 6% year-over-year increase in location hold per day to $910. Developing markets like Nebraska and Georgia experienced robust revenue growth of 26.1% and 53.5%, respectively, while Nevada saw a 7.7% decline due to the loss of a key customer. In new markets, the Toucan Gaming acquisition in Louisiana contributed $10 million in revenue, with expectations of further synergy and EBITDA gains. Capital expenditures were reported at $26 million for the quarter, with full-year 2025 CapEx guidance reaffirmed at $75-80 million. The company maintains a strong balance sheet with $331 million in net debt and $392 million in liquidity, and it repurchased 634,000 shares during the quarter. Looking forward, Accel is focused on M&A opportunities in the $15 billion local gaming market, aiming to sustain growth without over-leveraging its financial position.

Record Quarterly Revenue and Adjusted EBITDA

Accel Entertainment generated record quarterly revenue and adjusted EBITDA of $336 million and $53 million, respectively, for the second quarter of 2025.

Strong Growth in Core Markets

Illinois, a core market for Accel, saw second quarter revenue increase by over 8% to a quarterly record of $245 million. Montana's distributed gaming route grew revenue by 2.6%.

Significant Growth in Developing Markets

Nebraska and Georgia saw revenue growth of 26.1% and 53.5%, respectively, reflecting successful market share gains.

Successful Expansion and Acquisition

The acquisition of Toucan Gaming in Louisiana contributed approximately $10 million in second quarter revenue. Accel also completed Phase 1 of its casino at Fairmount Park.

Accel Entertainment (ACEL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ACEL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.21 / -	0.22	―	―	―
Aug 05, 2025	2025 (Q2)	0.23 / 0.26	0.25	2.00% (<+0.01)
May 05, 2025	2025 (Q1)	0.20 / 0.23	0.232	0.86% (<+0.01)
Feb 27, 2025	2024 (Q4)	0.21 / 0.20	0.26	-22.69% (-0.06)
Oct 30, 2024	2024 (Q3)	0.20 / 0.22	0.219	0.46% (<+0.01)
Jul 30, 2024	2024 (Q2)	0.21 / 0.25	0.23	8.70% (+0.02)
May 08, 2024	2024 (Q1)	0.21 / 0.23	0.246	-5.69% (-0.01)
Feb 28, 2024	2023 (Q4)	0.18 / 0.26	0.232	12.07% (+0.03)
Nov 07, 2023	2023 (Q3)	0.17 / 0.22	0.211	3.79% (<+0.01)
Aug 03, 2023	2023 (Q2)	0.19 / 0.23	0.241	-4.56% (-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ACEL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$12.39	$10.50	-15.25%
May 05, 2025	$10.75	$11.26	+4.74%
Feb 27, 2025	$11.71	$10.77	-8.03%
Oct 30, 2024	$11.35	$11.04	-2.73%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Accel Entertainment (ACEL) report earnings?

Accel Entertainment (ACEL) is schdueled to report earning on Nov 11, 2025, TBA (Confirmed).

What is Accel Entertainment (ACEL) earnings time?

Accel Entertainment (ACEL) earnings time is at Nov 11, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ACEL EPS forecast?

ACEL EPS forecast for the fiscal quarter 2025 (Q3) is 0.22.

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