Accel Entertainment (ACEL)
NYSE:ACEL
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Earnings Data
Report Date
Aug 11, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.26Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial performance: record quarterly revenue, 9% adjusted EBITDA growth, strong outperformance in developing markets (notably Nebraska and Georgia), completed TITO rollout in Illinois, accretive acquisitions/partnerships in Nevada, continued share repurchases, and a solid liquidity position (cash of $274M and undrawn $300M revolver). Key near-term challenges include flat net income/EPS (impacted by D&A and purse accrual timing), early-stage TITO adoption and mixed near-term cash effects, regulatory and legislative uncertainties (Chicago market timing and contested rules), and ongoing evaluation of Fairmont Park’s permanent plans. Overall, positive operational momentum and balance sheet flexibility outweigh the manageable execution and timing headwinds.Company Guidance
Record Quarterly Revenue
Total Q1 2026 revenue increased 9% year-over-year to $352 million, marking the company’s highest-ever quarterly revenue on record.
Adjusted EBITDA Growth and Record Q1 Result
Adjusted EBITDA rose 9% year-over-year to $54 million, the company’s highest-ever Q1 adjusted EBITDA result.
Net Gaming Revenue Strength
Net gaming revenue increased 10% year-over-year to $331 million, driving the top-line performance.
Network Scale Expansion
Operating footprint reached 4,540 locations (+3% YoY) and 28,353 gaming terminals (+4% YoY), reflecting ongoing expansion and densification.
Illinois Core Market Improvement
Illinois revenue (ex-Fairmont) increased 6% YoY to $242 million; management reported a 9% YoY increase in average location hold-per-day, underscoring route optimization and higher-yielding placements.
Strong Developing Market Performance
Nebraska revenue surged 57% YoY with hold-per-day up 57% (benefiting from new machine placements and proprietary content); Georgia revenue grew 43% YoY with hold-per-day up 14%; Nevada locations and terminals expanded 27% and 28% YoY respectively following acquisitions and partnerships; Louisiana revenue up 12% YoY.
TITO Rollout Progress
All Illinois terminals are now TITO-enabled; early player adoption is ~13% with upside potential (management referenced internal estimates up to ~20%), and benefits expected to build through the remainder of 2026.
Fairmont Park Enhancements
Launched live dealer table games (blackjack, roulette, novelty games) and increased racing purses by $500,000 to strengthen the property and reinvest gaming revenue into racing.
Capital Allocation and Share Repurchases
Repurchased ~1.1 million shares for $12 million in 2026-to-date; total repurchases since program start: 18.7 million shares for ~$195.6 million, with ~$151.2 million remaining under authorization.
Liquidity and Balance Sheet Strength
Ended Q1 with $274 million cash, total debt (net of issuance costs) $581 million, net debt ~$306 million and net leverage ~1.4x; $300 million revolver fully undrawn and interest rate collar in place (cap 4%, floor 2.92%).
Free Cash Flow and Cash Conversion
Operating cash flow was $43 million in Q1; free cash flow reported at $20 million, implying a cash conversion of ~38% and management expects free cash flow growth as CapEx normalizes and developing markets scale.
Strategic M&A and Partnerships
Completed December 2025 Dynasty Games acquisition (added ~20 locations and ~120 terminals in Northern Nevada) and launched a route partnership with Rebel Convenience Stores (added 55 locations and over 400 machines in Southern Nevada); bolt-on acquisition pipeline remains active (notably Louisiana).
Leadership Transition
Founder/CEO transition announced: Andy Rubenstein moving to Chairman, Mark Phelan named CEO effective August 7, 2026, providing continuity and defined succession.
ACEL Earnings History
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 |
|---|---|---|---|
May 05, 2026 | $12.47 | $11.37 | -8.82% |
Mar 03, 2026 | $11.07 | $13.06 | +17.98% |
Nov 04, 2025 | $9.93 | $10.14 | +2.11% |
Aug 05, 2025 | $12.39 | $10.50 | -15.25% |
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 Aug 11, 2026, TBA (Confirmed).
What is Accel Entertainment (ACEL) earnings time?
Accel Entertainment (ACEL) earnings time is at Aug 11, 2026, 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 2026 (Q2) is 0.19.