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MGM Resorts International MGM MGM China — Cost of Sales

Other segment segments

Las Vegas Strip Resorts
$135.41M+4.2%
Regional Operations
$39.6M-3.0%

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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 us-gaap:CostOfGoodsAndServicesSold.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue1,100,8811,110,0932,222,9162,137,565
Less:
Payroll related expense169,055154,776333,411299,984
Cost of sales30,35527,35061,47454,850
Gaming taxes492,687500,143996,965948,919
Other segment items(1)152,075126,482300,883246,905
Segment Adjusted EBITDAR256,709301,342530,183586,907
MGM Digital

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's MGM china — cost of sales?
MGM Resorts International (MGM) reported MGM china — cost of sales of $30.36M in Q2 2026.
How has MGM Resorts International's MGM china — cost of sales changed year-over-year?
MGM Resorts International's MGM china — cost of sales increased by 11.0% year-over-year, from $27.35M to $30.36M.
What is the long-term trend for MGM Resorts International's MGM china — cost of sales?
Over 3 years (2022 to 2025), MGM Resorts International's MGM china — cost of sales has grown at a 63.0% compound annual growth rate (CAGR), from $26.83M to $116.26M.
What does MGM china — cost of sales mean?
Represents the direct costs associated with providing goods and services to customers, such as food, beverage, and retail inventory sold within the resort properties. It excludes labor and gaming-specific taxes.

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