MONARCH CASINO & RESORT INCMCRIEarnings & Financial Report
The Atlantis Casino Resort Spa is a hotel and casino located in Reno, Nevada, United States. It is owned and operated by Monarch Casino & Resort, Inc. Its three hotel towers have a combined 824 guest rooms and suites. The casino floor spans 64,814 sq ft. Often known simply as "Atlantis," it is one of Reno's most profitable and luxurious properties, competing directly with Peppermill Hotel Casino and Grand Sierra Resort for customers. Nearly $150 million has been spent on upgrading the facility.
MCRI Q1 FY2026 Key Financial Metrics
Revenue
$136.6M
Gross Profit
N/A
Operating Profit
$34.9M
Net Profit
$27.6M
Gross Margin
N/A
Operating Margin
25.6%
Net Margin
20.2%
YoY Growth
8.9%
EPS
$1.52
MONARCH CASINO & RESORT INC Q1 FY2026 Financial Summary
MONARCH CASINO & RESORT INC reported revenue of $136.6M (up 8.9% YoY) for Q1 FY2026, with a net profit of $27.6M (up 38.9% YoY) (20.2% margin).
Key Financial Metrics
| Total Revenue | $136.6M |
|---|---|
| Net Profit | $27.6M |
| Gross Margin | N/A |
| Operating Margin | 25.6% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
MONARCH CASINO & RESORT INC Q1 FY2026 revenue of $136.6M breaks down across 4 segments, led by Casino at $79.7M (58.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Casino | $79.7M | 58.4% |
| Food and beverage | $31.7M | 23.2% |
| Hotel | $19.0M | 13.9% |
| Other | $6.1M | 4.5% |
MONARCH CASINO & RESORT INC Revenue by Segment — Quarterly Trend
MONARCH CASINO & RESORT INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Casino and Food and beverage) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Casino | $79.7M | $81.2M | $80.1M | $79.6M |
| Food and beverage | $31.7M | — | — | — |
| Hotel | $19.0M | — | — | — |
| Other | $6.1M | — | — | — |
MONARCH CASINO & RESORT INC Annual Revenue by Year
MONARCH CASINO & RESORT INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $545.1M).
MONARCH CASINO & RESORT INC Quarterly Revenue & Net Profit History
MONARCH CASINO & RESORT INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $136.6M | +8.9% | $27.6M | 20.2% |
| Q4 FY2025 | $140.0M | +4.1% | $22.9M | 16.4% |
| Q3 FY2025 | $142.8M | +3.6% | $31.6M | 22.1% |
| Q2 FY2025 | $136.9M | +6.8% | $27.0M | 19.7% |
| Q1 FY2025 | $125.4M | +3.1% | $19.9M | 15.8% |
| Q4 FY2024 | $134.5M | +4.9% | $4.2M | 3.1% |
| Q3 FY2024 | $137.9M | +3.7% | $27.6M | 20.0% |
| Q2 FY2024 | $128.1M | +3.6% | $22.7M | 17.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $128.1M | $137.9M | $134.5M | $125.4M | $136.9M | $142.8M | $140.0M | $136.6M |
| YoY Growth | 3.6% | 3.7% | 4.9% | 3.1% | 6.8% | 3.6% | 4.1% | 8.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $672.4M | $671.1M | $691.6M | $712.1M | $705.8M | $725.4M | $712.8M | $725.2M |
| Liabilities | $174.0M | $157.9M | $173.8M | $176.5M | $166.5M | $167.0M | $175.2M | $175.3M |
| Equity | $498.4M | $513.3M | $517.7M | $535.6M | $539.2M | $558.4M | $537.7M | $549.8M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $24.3M | $40.3M | $37.8M | $36.5M | $34.1M | $56.0M | $38.1M |