Mgm Resorts International revenue and financials
$30.54Change from previous close: +1.23%Absolute change: +$0.37
In the fiscal year ended December 2025, Mgm Resorts International reported revenue of $17.54B (+1.72% year over year). Net income was $205.86M, a net margin of 1.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.72%
- 2025 vs 2024
- Net income growth
- −72.43%
- 2025 vs 2024
- Net margin
- 1.2%
- 2024: 4.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,451 | 4,455 | 4,605 | 4,250 | 4,405 | 4,277 | 4,347 | 4,183 | 4,327 | 4,383 | 4,409 | 3,962 |
| Cost of revenue | 2,472 | 2,465 | 2,577 | 2,405 | 2,445 | 2,320 | 2,394 | 2,315 | 2,323 | 2,361 | 2,409 | 2,086 |
| Gross profit | 1,979 | 1,990 | 2,028 | 1,846 | 1,959 | 1,957 | 1,952 | 1,868 | 2,004 | 2,023 | 2,000 | 1,876 |
| Selling, general and administrative | 1,395 | 1,420 | 1,424 | 1,365 | 1,338 | 1,307 | 1,384 | 1,302 | 1,335 | 1,324 | 1,374 | 1,314 |
| Operating income | 302 | 305 | 325 | 219 | 379 | 413 | 353 | 332 | 476 | 501 | 420 | 360 |
| EBIT | 302 | 305 | 325 | 219 | 379 | 413 | 353 | 332 | 476 | 501 | 420 | 360 |
| EBITDA | 584 | 569 | 604 | 480 | 621 | 650 | 562 | 566 | 668 | 697 | 626 | 561 |
| Interest expense | 102 | 101 | 104 | 102 | 106 | 107 | 109 | 112 | 113 | 110 | 107 | 111 |
| Pre-tax income | 414 | 202 | 99.8 | -220 | 134 | 267 | 206 | 297 | 271 | 343 | 320 | 224 |
| Income tax | 90.7 | 27.5 | -283 | -12.9 | 15.7 | 40.1 | -32.2 | 52.6 | -11.6 | 43.7 | -59.5 | 12.4 |
| Net income | 292 | 125 | 294 | -285 | 49.0 | 149 | 157 | 185 | 187 | 217 | 313 | 161 |
| Net income to common shareholders | 285 | 125 | 298 | -285 | 49.0 | 149 | 155 | 185 | 187 | 218 | 314 | 161 |
| Basic EPS | 1.12 | 0.49 | 1.12 | -1.05 | 0.18 | 0.52 | 0.52 | 0.61 | 0.60 | 0.68 | 0.93 | 0.46 |
| Diluted EPS | 1.11 | 0.48 | 1.11 | -1.05 | 0.18 | 0.51 | 0.52 | 0.61 | 0.60 | 0.67 | 0.92 | 0.46 |
| Average shares (basic) | 254 | 256 | 267 | 273 | 273 | 287 | 298 | 300 | 311 | 320 | 338 | 347 |
| Average shares (diluted) | 258 | 259 | 269 | 273 | 276 | 289 | 299 | 303 | 314 | 324 | 340 | 351 |
