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MGM Resorts International MGM MGM Digital — Acquisitions

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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:GoodwillAcquiredDuringPeriod.

The source filing: MGM Resorts International’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000789570-26-000018
Line item2025 / Balance at January 12025 / Acquisitions2025 / Impairment2025 / Reclassifications2025 / Currency exchange2025 / Balance at December 31
Las Vegas Strip Resorts$2,707,009$2,707,009
Regional Operations660,940(256,133)(17,915)386,892
MGM China1,356,625(2,510)1,354,115
MGM Digital420,430(22,794)56,308453,944
$5,145,004$(278,927)$(17,915)$53,798$4,901,960

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is MGM Resorts International's MGM digital — acquisitions?
MGM Resorts International (MGM) reported MGM digital — acquisitions of $0 in Q4 2025.
How has MGM Resorts International's MGM digital — acquisitions changed year-over-year?
MGM Resorts International's MGM digital — acquisitions decreased by 100.0% year-over-year, from $53.75K to $0.
What is the long-term trend for MGM Resorts International's MGM digital — acquisitions?
Over 2 years (2023 to 2025), MGM Resorts International's MGM digital — acquisitions has grown at a -100.0% compound annual growth rate (CAGR), from $125.61M to $0.
What does MGM digital — acquisitions mean?
The total cash or consideration paid to acquire other companies or business units to expand the digital segment's capabilities or market reach. This metric tracks inorganic growth activity within the digital division.

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