MGM Resorts International Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,715	17,538	17,241	16,164	13,128	9,680
Revenue Growth (YoY)	3.39%	1.72%	6.66%	23.13%	35.61%	87.52%
Cost of Revenue	9,892	9,748	9,394	8,554	6,653	5,031
Gross Profit	7,823	7,790	7,847	7,611	6,475	4,650
Selling, General & Admin	5,547	5,434	5,346	5,213	4,706	2,930
Depreciation & Amortization Expenses	1,045	1,018	831.1	814.13	3,482	1,151
Other Operating Expenses	312.79	336.07	179.94	-307.99	-874.91	-147.47
Total Operating Expenses	6,905	6,788	6,357	5,719	7,313	3,933
Operating Income	917.97	1,002	1,490	1,892	1,439	2,279
Interest Expense	-412.46	-419.04	-443.23	-460.29	-594.95	-799.59
Other Non-Operating Income (Expense)	-289.26	-301.96	69.84	41.56	-2,218	-1,580
Total Non-Operating Income (Expense)	-701.72	-721	-373.39	-418.73	-2,813	-2,379
Pretax Income	216.24	280.78	1,117	1,473	903.8	1,462
Provision for Income Taxes	-252.69	-240.09	52.46	157.84	697.07	253.42
Net Income	182.44	205.86	746.56	1,142	1,473	1,254
Minority Interest in Earnings	286.49	315.01	318.05	172.74	-1,266	-45.98
Net Income to Common	182.44	205.86	746.56	1,142	1,473	1,254
Net Income Growth	-73.08%	-72.42%	-34.64%	-22.46%	17.44%	-
Shares Outstanding (Basic)	267	275	307	355	409	482
Shares Outstanding (Diluted)	269	277	310	359	413	487
Shares Change (YoY)	-10.80%	-10.62%	-13.49%	-13.16%	-15.26%	-1.38%
EPS (Basic)	0.74	0.77	2.42	3.22	3.52	2.44
EPS (Diluted)	0.72	0.76	2.40	3.19	3.49	2.41
EPS Growth	-67.86%	-68.33%	-24.77%	-8.60%	44.81%	-
Shares Outstanding	255.85	258.32	294.37	326.55	379.09	453.8
Free Cash Flow	1,555	1,460	1,212	1,759	991.4	882.73
Free Cash Flow Growth	6.44%	20.51%	-31.10%	77.42%	12.31%	-
Free Cash Flow Per Share	5.78	5.27	3.91	4.90	2.40	1.81
Dividends Per Share	-	-	-	-	0.010	0.010
Dividend Growth	-	-	-	-	-	-93.65%
Gross Margin	44.16%	44.42%	45.51%	47.08%	49.32%	48.03%
Operating Margin	5.18%	5.71%	8.65%	11.70%	10.96%	23.54%
Profit Margin	2.65%	2.97%	6.18%	8.13%	1.57%	12.48%
FCF Margin	8.78%	8.33%	7.03%	10.88%	7.55%	9.12%
EBITDA	2,497	2,555	2,864	3,250	5,392	3,659
EBITDA Margin	14.09%	14.57%	16.61%	20.10%	41.07%	37.79%
EBIT	917.97	1,002	1,490	1,892	1,439	2,279
EBIT Margin	5.18%	5.71%	8.65%	11.70%	10.96%	23.54%
Effective Tax Rate	-116.85%	-85.51%	4.70%	10.72%	77.13%	17.34%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q