MGM Resorts International (MGM) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Business Segment
2026-01-01 to 2026-06-30
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MGM Resorts International (MGM) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenue
- 8,905,711,000 US dollars
- Cost of revenue (calculated)
- 4,936,279,000 US dollars
- Gross profit (calculated)
- 3,969,432,000 US dollars
- Operating costs, net of other operating income (calculated)
- 3,164,554,000 US dollars
- Operating income
- 804,878,000 US dollars
- Non-operating income (expense)
- negative 189,109,000 US dollars
- Income before income taxes
- 615,769,000 US dollars
- Provision for income taxes
- 118,188,000 US dollars
- Net income
- 497,581,000 US dollars
- Las Vegas Strip Resorts
- 4,350,475,000 US dollars
- Regional Operations
- 1,842,008,000 US dollars
- MGM China
- 2,222,916,000 US dollars
- MGM Digital
- 379,049,000 US dollars
- Cost of sales
- 4,936,279,000 US dollars
- General and administrative
- 2,546,092,000 US dollars
- Corporate expense
- 268,653,000 US dollars
- Preopening and start-up expenses
- 1,089,000 US dollars
- Property transactions, net
- negative 272,475,000 US dollars
- Depreciation and amortization
- 546,040,000 US dollars
- Goodwill impairment
- 111,019,000 US dollars
- Income from unconsolidated affiliates
- negative 35,864,000 US dollars
- Revenue before reconciliation (calculated)
- 8,794,448,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Corporate and other
- 111,263,000 US dollars. Reported reconciliation to consolidated revenue.
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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to MGM Resorts International: $417.57 M; to noncontrolling interests: $80.01 M.

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Gross margin
44.6%
Gross profit / revenue
Operating margin
9.0%
Operating profit / revenue
Cash conversion
226.4%
Operating cash / net income, same period
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