MGM Resorts International (MGM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	17.8B	17.5B	17.2B	16.2B	13.1B
Cost of Revenue	9.9B	9.7B	9.4B	8.6B	6.7B
Gross Profit	7.8B	7.8B	7.8B	7.6B	6.5B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	5.3B	4.9B	4.8B	4.7B	4.2B
General & Admin Expense	5.3B	4.9B	4.8B	4.7B	4.2B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	1.5B	1.9B	1.5B	1.0B	808.5M
Total Operating Expenses	6.8B	6.8B	6.4B	5.7B	5.0B
Cost and Expenses	16.7B	16.5B	15.8B	14.3B	11.7B
Operating Income (EBIT)	1.0B	1.0B	1.5B	1.9B	1.4B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	409.0M	419.0M	443.2M	460.3M	595.0M
Net Interest Income	(409.0M)	(419.0M)	(443.2M)	(460.3M)	(595.0M)
Other Non-Op Income/Expense	(413.8M)	(613.8M)	(373.4M)	(418.7M)	(535.6M)
Non-Operating Income (excl Interest)	112.0M	302.0M	(69.8M)	308.4M	(59.4M)
EBT (Pre-Tax Income)	603.2M	388.0M	1.1B	1.5B	903.8M
Income Tax Expense	18.3M	(44.1M)	52.5M	157.8M	697.1M
Bottom Line
Net Income	426.3M	206.3M	746.6M	1.1B	1.5B
Earnings from Cont. Ops	584.9M	432.1M	1.1B	1.3B	206.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	425.9M	205.9M	743.7M	1.1B	1.4B
Per Share
Basic EPS	$1.67	$0.77	$2.42	$3.22	$0.51
Diluted EPS	$1.65	$0.76	$2.40	$3.19	$0.50
Revenue Per Share	$69.92	$66.21	$56.08	$45.54	$32.08
Shares
Basic Shares Outstanding	254.0M	264.9M	307.4M	354.9M	409.2M
Diluted Shares Outstanding	257.8M	264.9M	310.2M	358.6M	413.0M
Profitability Metrics
EBITDA	2.0B	1.7B	2.4B	2.4B	5.0B
D&A	1.1B	1.0B	831.1M	814.1M	3.5B
EBIT	905.0M	699.8M	1.6B	1.6B	1.5B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026