RRR — what changed in the latest 10-Q
A section-by-section comparison of RRR's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-07 vs the prior 10-Q · 2025-11-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +27 | −29 | ~19 | 21 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-07
Selling, general and administrative expenses114,357 104,711 9.2 %
Change in fair value of derivative instruments(966)5,194 n/m
Net income attributable to noncontrolling interests39,831 41,201 (3.3)%
We view each of our Las Vegas casino properties as an individual operating segment. We aggregate all of our Las Vegas operating segments into one reportable segment because all of our Las Vegas properties offer similar products, cater to the same customer base, have the same regulatory and tax struc…
Net Revenues. Net revenues for the three months ended March 31, 2026 were $507.3 million, an increase of 1.9% compared to $497.9 million for the prior year period. For the three months ended March 31, 2026, our casino, food and beverage and other revenues increased by 2.2%, 1.2% and 4.2%, respective…
Text removed vs the prior filing · source: 10-Q · 2025-11-06
Loss on extinguishment/modification of debt— — n/m— 14,402 n/m
We view each of our Las Vegas casino properties as an individual operating segment. We aggregate all of our Las Vegas operating segments into one reportable segment because all of our Las Vegas properties offer similar products, cater to the same customer base, have the same regulatory and tax struc…
arrangements into one reportable segment. The results of operations for our Native American segment are discussed in the sections entitled “Development Fees” and “Gain on Native American Development” below. The results for our Las Vegas operations are discussed in the remaining sections below.
Net Revenues. Net revenues for the three months ended September 30, 2025 were $475.6 million, up 1.6% as compared to $468.0 million for the prior year period. For the nine months ended September 30, 2025, net revenues were $1.5 billion, an increase of 3.9% compared to $1.4 billion for the prior year…
Operating Income. For the three and nine months ended September 30, 2025, our operating income was $131.5 million and $453.9 million, respectively. For the three and nine months ended September 30, 2024, our operating income was $130.6 million and $426.4 million, respectively. Additional information…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice