MGM
MGM Resorts International
NYSE · Consumer Cyclical · Gambling, Resorts & Casinos · US
$28.83
+5.72%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 17.7B | 17.5B | 17.2B | 16.2B | 13.1B |
| Cost of Revenue | 7.5B | 9.7B | 9.4B | 8.6B | 6.7B |
| Gross Profit | 6.0B | 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 | 793.9M | 1.9B | 1.5B | 1.0B | 808.5M |
| Total Operating Expenses | 6.1B | 6.8B | 6.4B | 5.7B | 5.0B |
| Cost and Expenses | 12.4B | 16.5B | 15.8B | 14.3B | 11.7B |
| Operating Income (EBIT) | 1.2B | 1.0B | 1.5B | 1.9B | 1.4B |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 204.1M | 419.0M | 443.2M | 460.3M | 595.0M |
| Net Interest Income | (306.7M) | (419.0M) | (443.2M) | (460.3M) | (595.0M) |
| Other Non-Op Income/Expense | (403.9M) | (613.8M) | (373.4M) | (418.7M) | (535.6M) |
| Non-Operating Income (excl Interest) | 107.6M | 302.0M | (69.8M) | 308.4M | (59.4M) |
| EBT (Pre-Tax Income) | 844.7M | 388.0M | 1.1B | 1.5B | 903.8M |
| Income Tax Expense | 48.5M | (44.1M) | 52.5M | 157.8M | 697.1M |
| Bottom Line | |||||
| Net Income | 694.5M | 206.3M | 746.6M | 1.1B | 1.5B |
| Earnings from Cont. Ops | 774.5M | 432.1M | 1.1B | 1.3B | 206.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 694.5M | 205.9M | 743.7M | 1.1B | 1.4B |
| Per Share | |||||
| Basic EPS | $2.65 | $0.77 | $2.42 | $3.22 | $0.51 |
| Diluted EPS | $2.63 | $0.76 | $2.40 | $3.19 | $0.50 |
| Revenue Per Share | $70.34 | $66.21 | $56.08 | $45.54 | $32.08 |
| Shares | |||||
| Basic Shares Outstanding | 252.0M | 264.9M | 307.4M | 354.9M | 409.2M |
| Diluted Shares Outstanding | 252.0M | 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 | 1.0B | 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 Sep 1, 2026