MGM Resorts International MGM Food and beverage — Lease revenue
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Where this comes from
Reported directly by MGM Resorts International in its filing.
Tagged under the XBRL concept us-gaap:LeaseIncome.
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
Leases. Refer to Note 7 for information regarding leases under which the Company is a lessee. The Company is a lessor under certain other lease arrangements. Lease revenue earned by the Company from third parties is classified within the line item corresponding to the type or nature of the tenant’s good or service. For the three and six months ended June 30, 2026, lease revenue from third-party tenants include $18 million and $34 million recorded within food and beverage revenue and $30 million and $58 million recorded within entertainment, retail, and other revenue. For the three and six months ended June 30, 2025, lease revenue from third-party tenants include $19 million and $36 million recorded within food and beverage revenue, respectively and $29 million and $57 million recorded within entertainment, retail, and other revenue for the same such periods, respectively. Lease revenue from the rental of hotel rooms are recorded as rooms revenue within the consolidated statements of operations.
Item 1. Financial Statements (Unaudited)
FAQ
- What is MGM Resorts International's food and beverage — lease revenue?
- MGM Resorts International (MGM) reported food and beverage — lease revenue of $18M in Q2 2026.
- What does food and beverage — lease revenue mean?
- This metric represents the income generated from leasing food and beverage space to third-party operators or internal concessions within the company's resort properties. It reflects the company's ability to monetize its physical footprint by outsourcing dining operations while maintaining a steady stream of rental income. This revenue stream is a key indicator of the company's real estate utilization strategy and the attractiveness of its resort locations to retail and culinary partners.
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