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MGM Resorts International MGM Rooms — Cost of Sales

Other product segments

Casino
$1.35B+1.2%
Food and beverage
$582.73M+1.1%
Entertainment, retail and other
$263.35M+0.2%

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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
4,450,9934,404,8708,905,7118,681,952
Expenses
Casino1,349,2811,333,8502,698,8332,578,160
Rooms276,390272,066561,666552,915
Food and beverage582,734576,6331,159,0141,136,928
Entertainment, retail and other263,346262,880516,766497,309
General and administrative1,263,2601,213,6912,546,0922,378,589
Corporate expense131,433124,096268,653266,447

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's rooms — cost of sales?
MGM Resorts International (MGM) reported rooms — cost of sales of $276.39M in Q2 2026.
How has MGM Resorts International's rooms — cost of sales changed year-over-year?
MGM Resorts International's rooms — cost of sales increased by 1.6% year-over-year, from $272.07M to $276.39M.
What is the long-term trend for MGM Resorts International's rooms — cost of sales?
Over 4 years (2021 to 2025), MGM Resorts International's rooms — cost of sales has grown at a 16.3% compound annual growth rate (CAGR), from $600.94M to $1.1B.
What does rooms — cost of sales mean?
This metric captures the direct costs associated with providing lodging services, including housekeeping labor, room supplies, laundry services, and maintenance expenses directly attributable to room operations. It reflects the operational efficiency of the hospitality segment in managing the variable costs required to maintain and service guest rooms. Monitoring this helps investors understand the margin profile of the company's core lodging business.

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