MGM ResortsMGMEarnings & Financial Report
MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM.
MGM Q4 2025 Key Financial Metrics
Revenue
$4.6B
Gross Profit
N/A
Operating Profit
$325.0M
Net Profit
$293.6M
Gross Margin
N/A
Operating Margin
7.1%
Net Margin
6.4%
YoY Growth
6.0%
EPS
$1.12
Financial Flow
MGM Resorts Q4 2025 Financial Summary
MGM Resorts reported revenue of $4.6B for Q4 2025, with a net profit of $293.6M (6.4% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $4.6B |
|---|---|
| Net Profit | $293.6M |
| Gross Margin | N/A |
| Operating Margin | 7.1% |
| Report Period | Q4 2025 |
MGM Resorts Annual Revenue by Year
MGM Resorts annual revenue history includes year-by-year totals (for example, 2025 revenue was $17.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $17.5B |
| 2024 | $17.2B |
| 2023 | $16.2B |
| 2022 | $13.1B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.38B | $4.33B | $4.18B | $4.35B | $4.28B | $4.40B | $4.25B | $4.61B |
| YoY Growth | 13.2% | 9.8% | 5.3% | -0.7% | -2.4% | 1.8% | 1.6% | 6.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $42.08B | $41.82B | $42.74B | $42.23B | $41.90B | $41.70B | $41.41B | $41.37B |
| Liabilities | N/A | N/A | N/A | $38.51B | $38.28B | $37.96B | $37.96B | $38.10B |
| Equity | $3.46B | $3.21B | $3.23B | $3.02B | $2.85B | $2.97B | $2.68B | $2.43B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $549.3M | $474.2M | $667.4M | $671.6M | $547.1M | $645.9M | $681.4M | $655.0M |
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