MGM Resorts International financials
Key figures from MGM Resorts International's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $4.2B | $4.3B | -0.9% |
| Net income | -$17M | -$285M | +94.0% |
| Free cash flow | $311M | $405M | -23.3% |
| Gross margin | — | — | — |
| Operating margin | 2.8% | -2.7% | +5.5 pts |
| Net margin | -0.4% | -6.7% | +6.3 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $17.5B | $206M | 1.2% | $1.5B | $0.76 |
| FY Dec 2024 | $17.2B | $747M | 4.3% | $1.2B | $2.40 |
| FY Dec 2023 | $16.2B | $1.1B | 7.1% | $1.8B | $3.19 |
| FY Dec 2022 | $13.1B | $1.5B | 11.2% | $991M | $3.49 |
| FY Dec 2021 | $9.7B | $1.3B | 13.0% | $883M | $2.41 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.