Accel Entertainment Reports Record Q2 Revenue of $368M, Net Income Up 72%
ACEL sits 27% above its 52-week low of $9.55.
Summary
Accel Entertainment posted record Q2 revenue of $368 million, a 10% increase year-over-year, with net income surging 72% to $13 million. The company highlighted growth in Illinois, progress in Chicago, and a strong balance sheet as it prepares for a CEO transition.
Key Events · Earnings and Guidance · ACEL
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Record Q2 Revenue and Earnings
Revenue rose 10% to $368 million, net income jumped 72% to $13 million, and Adjusted EBITDA increased 11% to $59 million compared to Q2 2025.
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Illinois and Developing Markets Drive Growth
Illinois revenue (ex-Fairmount) grew 6% year-over-year; Nebraska and Georgia Adjusted EBITDA increased significantly, and the Rice Palace acquisition in Louisiana closed.
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Chicago Expansion Progressing
The Illinois Gaming Board has approved 17 Accel locations (44% of total approved), and the City of Chicago is now processing video gaming license applications.
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CEO Transition Set for August 7
Andy Rubenstein will become Chairman and Mark Phelan will assume the CEO role on August 7, 2026, as previously announced.
Analysis · ACEL · Trade & Services
Accel delivered a strong quarter with record revenue and a 72% jump in net income, driven by growth in Illinois and developing markets. The CEO transition is imminent, and the Chicago expansion is progressing with 17 locations approved. The company continues to buy back shares and maintains a solid balance sheet with $255M in cash. The results reinforce the resilience of its distributed gaming model and set a positive tone ahead of the leadership change.
At the time of this filing, ACEL was trading at $12.16 on NYSE in the Trade & Services sector, with a market capitalization of approximately $989.7M. The 52-week trading range was $9.55 to $14.00. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.