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Monarch Casino & Resort MCRI Business Segments — Income Tax Expense Benefit

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Other financials

Income statement

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Revenue$136.6M+8.9%
Gross profit$34.9M+38.0%
Net income$27.6M+38.9%
EPS (diluted)$1.52+44.8%

Balance sheet

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Cash & equivalents$120.1M+60.0%
Total debt$13.0M-5.6%
Total equity$549.8M+2.7%
Total assets$725.2M+1.8%

Cash flow

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Operating cash flow$48.5M+33.0%
CapEx$5.6M-72.0%
Free cash flow$43.0M+158%

Valuation

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Market cap$2.29B+19.1%
Enterprise value$2.18B+16.6%
P/E21×-4.9×
P/S4.1×+0.5×

Profitability

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Gross margin24.7%+6.8pp
Operating margin17.6%
Net margin19.6%+5.5pp
FCF margin27.8%+10.8pp

Returns & leverage

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Return on equity20.1%+5.9pp
Debt / equity0.0×
Current ratio+0.3×

Where this comes from

Reported directly by Monarch Casino & Resort in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Monarch Casino & Resort’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Monarch Casino & Resort's business segments — income tax expense benefit?
Monarch Casino & Resort (MCRI) reported business segments — income tax expense benefit of -$7.95M in Q1 2026.
How has Monarch Casino & Resort's business segments — income tax expense benefit changed year-over-year?
Monarch Casino & Resort's business segments — income tax expense benefit decreased by 37.8% year-over-year, from -$5.77M to -$7.95M.
What is the long-term trend for Monarch Casino & Resort's business segments — income tax expense benefit?
Over 3 years (2022 to 2025), Monarch Casino & Resort's business segments — income tax expense benefit has grown at a 9.2% compound annual growth rate (CAGR), from -$21.54M to -$28.04M.
What does business segments — income tax expense benefit mean?
This represents the provision for income taxes or the recognition of tax benefits based on the segment's taxable earnings. It reflects the impact of jurisdictional tax laws on the company's bottom-line profitability.