MGM Resorts International (MGM) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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MGM Resorts International (MGM) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETCasino revenueRooms revenueFood and beverage revenueEntertainment, retail and other revenueTotal revenueGross profit (calculated)Cost of revenue (calculated)Casino cost of revenueFood and beverage cost of revenueRooms cost of revenueEntertainment, retail and other cost of revenueOperating incomeOperating costs, net of other operating income (calculated)General and administrativeProperty transactions, netDepreciation and amortizationCorporate expenseGoodwill impairmentIncome from unconsolidated affiliatesPreopening and start-up expensesIncome before income taxesNon-operating income (expense)Net incomeProvision for income taxesGross profit (calculated)Gross profit(calculated)$1.98 BTotal revenueTotal revenue$4.45 BOperating incomeOperating income$503.64 MIncome before income taxesPretax income$413.52 MNet incomeNet income$322.79 MOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$1.48 BCasino revenueCasino$2.38 BProvision for income taxesProvision forincome taxes$90.73 MNon-operating income (expense)Non-operatingincome (expense)−$90.12 MGeneral and administrativeGeneral and administrative$1.26 BCost of revenue (calculated)Cost of revenue(calculated)$2.47 BRooms revenueRooms$849.14 MProperty transactions, netProperty transactions, net−$286.70 MFood and beverage revenueFood and beverage$802.33 MCasino cost of revenueCasino$1.35 BDepreciation and amortizationDepreciation and amortization$282.32 MEntertainment, retail and other revenueEntertainment, retail and other$416.33 MCorporate expenseCorporate expense$131.43 MFood and beverage cost of revenueFood and beverage$582.73 MGoodwill impairmentGoodwill impairment$111.02 MRooms cost of revenueRooms$276.39 MIncome from unconsolidated affiliatesIncome fromunconsolidated affiliates−$25.84 MEntertainment, retail and other cost of revenueEntertainment,retail and other$263.35 MPreopening and start-up expensesPreopening and start-up expenses$112.00 K
Chart details

MGM Resorts International (MGM) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue
4,450,993,000 US dollars
Cost of revenue (calculated)
2,471,751,000 US dollars
Gross profit (calculated)
1,979,242,000 US dollars
Operating costs, net of other operating income (calculated)
1,475,606,000 US dollars
Operating income
503,636,000 US dollars
Non-operating income (expense)
negative 90,116,000 US dollars
Income before income taxes
413,520,000 US dollars
Provision for income taxes
90,731,000 US dollars
Net income
322,789,000 US dollars
Casino revenue
2,383,185,000 US dollars
Rooms revenue
849,143,000 US dollars
Food and beverage revenue
802,332,000 US dollars
Entertainment, retail and other revenue
416,333,000 US dollars
Casino cost of revenue
1,349,281,000 US dollars
Rooms cost of revenue
276,390,000 US dollars
Food and beverage cost of revenue
582,734,000 US dollars
Entertainment, retail and other cost of revenue
263,346,000 US dollars
General and administrative
1,263,260,000 US dollars
Corporate expense
131,433,000 US dollars
Preopening and start-up expenses
112,000 US dollars
Property transactions, net
negative 286,695,000 US dollars
Depreciation and amortization
282,315,000 US dollars
Goodwill impairment
111,019,000 US dollars
Income from unconsolidated affiliates
negative 25,838,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to MGM Resorts International: $292.43 M; to noncontrolling interests: $30.36 M.
MGM Resorts International (MGM) FY2026 Q2 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

44.5%

Gross profit / revenue

Operating margin

11.3%

Operating profit / revenue

Cash conversion

173.1%

Operating cash / net income, same period

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