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MGM Resorts International MGM Customer Advances and Other — Decrease

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GRWGCustomer Deposits — Decrease
-$1.37M-2,441%
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GRWGAccounts Receivable, Net — Decrease
$3.33M+884%
Stag Industrial logo
STAGIncrease Decrease In Customer Advances And Deposits
$3.32M-19.9%
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SRIncrease Decrease In Delayed Advances Customer Billings
-$70.5M-13.7%
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SRIncrease Decrease In Delayed Advances Customer Billings
-$70.5M-13.7%
Spire logo
SRIncrease Decrease In Delayed Advances Customer Billings
-$70.5M-13.7%

Other financials

Income statement

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Revenue$4.5B+1.0%
Operating income$503.6M+24.5%
Net income$292.4M+497%
EPS (diluted)$1.11+517%

Balance sheet

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Cash & equivalents$2.5B+30.1%
Total debt$30.2B-4.5%
Total equity$2.5B-15.5%
Total assets$39.8B-4.4%

Cash flow

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Operating cash flow$558.8M-13.5%
CapEx$241.4M-10.1%
Free cash flow$317.4M-15.9%

Valuation

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Market cap$11.39B+19.2%
Enterprise value$39B-0.5%
P/E26.7×+9.0×
P/S0.6×+0.1×

Profitability

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Operating margin5.7%-2.4pp
Net margin2.4%-0.7pp
FCF margin8.4%+0.9pp

Returns & leverage

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Return on equity15.5%-1.9pp
Debt / equity12×+1.4×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept mgm:ChangeInContractAndContractRelatedLiabilities.

The source filing: MGM Resorts International’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000789570-26-000076
Line itemOutstanding Chip Liability / 2026Outstanding Chip Liability / 2025Loyalty Program / 2026Loyalty Program / 2025Customer Advances and Other / 2026Customer Advances and Other / 2025
Balance at January 1$204,020$215,710$216,579$215,005$860,126$825,236
Balance at June 30172,661222,259211,836213,502836,017764,446
Increase (decrease)$(31,359)$6,549$(4,743)$(1,503)$(24,109)$(60,790)

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's customer advances and other — decrease?
MGM Resorts International (MGM) reported customer advances and other — decrease of -$2.78M in Q2 2026.
How has MGM Resorts International's customer advances and other — decrease changed year-over-year?
MGM Resorts International's customer advances and other — decrease increased by 94.4% year-over-year, from -$49.47M to -$2.78M.
What is the long-term trend for MGM Resorts International's customer advances and other — decrease?
Over 3 years (2021 to 2025), MGM Resorts International's customer advances and other — decrease has grown at a -50.0% compound annual growth rate (CAGR), from $279.81M to $34.89M.
What does customer advances and other — decrease mean?
This metric measures the net change in customer advance liabilities over a specific reporting period, reflecting the difference between new cash deposits received and the revenue recognized from previously deferred services. A decrease indicates that the company is fulfilling its service obligations faster than it is collecting new prepayments. It serves as a key indicator of the velocity of service delivery relative to the booking pipeline.

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