MGM Resorts International
For the period ended Jul 29, 2026. Filed Jul 29, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jul 29, 2026 · Filed Jul 29, 2026
MGM$32.34-0.6%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 30, 2026 | June 30, 2025 | June 30, 2026 | June 30, 2025 | |
| Revenues | ||||
| Casino | $2,383,185 | $2,329,798 | $4,762,040 | $4,581,946 |
| Rooms | 849,143 | 860,401 | 1,716,997 | 1,723,809 |
| Food and beverage | 802,332 | 778,179 | 1,607,172 | 1,548,352 |
| Entertainment, retail and other | 416,333 | 436,492 | 819,502 | 827,845 |
| 4,450,993 | 4,404,870 | 8,905,711 | 8,681,952 | |
| Expenses | ||||
| Casino | 1,349,281 | 1,333,850 | 2,698,833 | 2,578,160 |
| Rooms | 276,390 | 272,066 | 561,666 | 552,915 |
| Food and beverage | 582,734 | 576,633 | 1,159,014 | 1,136,928 |
| Entertainment, retail and other | 263,346 | 262,880 | 516,766 | 497,309 |
| General and administrative | 1,263,260 | 1,213,691 | 2,546,092 | 2,378,589 |
| Corporate expense | 131,433 | 124,096 | 268,653 | 266,447 |
| Preopening and start-up expenses | 112 | 849 | 1,089 | 934 |
| Property transactions, net | (286,695) | 125 | (272,475) | 15,593 |
| Goodwill impairment | 111,019 | — | 111,019 | — |
| Depreciation and amortization | 282,315 | 241,975 | 546,040 | 478,419 |
| 3,973,195 | 4,026,165 | 8,136,697 | 7,905,294 | |
| Income from unconsolidated affiliates | 25,838 | 25,860 | 35,864 | 12,964 |
| Operating income | 503,636 | 404,565 | 804,878 | 789,622 |
| Non-operating income (expense) | ||||
| Interest expense, net of amounts capitalized | (102,129) | (105,584) | (202,818) | (212,853) |
| Non-operating items from unconsolidated affiliates | 2,525 | (4,055) | 18 | (3,793) |
| Other, net | 9,488 | (161,170) | 13,691 | (172,436) |
| (90,116) | (270,809) | (189,109) | (389,082) | |
| Income before income taxes | 413,520 | 133,756 | 615,769 | 400,540 |
| Provision for income taxes | (90,731) | (15,662) | (118,188) | (55,715) |
| Net income | 322,789 | 118,094 | 497,581 | 344,825 |
| Less: Net income attributable to noncontrolling interests | (30,356) | (69,143) | (80,012) | (147,320) |
| Net income attributable to MGM Resorts International | $292,433 | $48,951 | $417,569 | $197,505 |
| Earnings per share | ||||
| Basic | $1.12 | $0.18 | $1.61 | $0.70 |
| Diluted | $1.11 | $0.18 | $1.59 | $0.70 |
| Weighted average common shares outstanding | ||||
| Basic | 254,018 | 273,329 | 255,193 | 280,199 |
| Diluted | 257,758 | 275,615 | 258,327 | 282,328 |
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