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MGM Resorts International MGM Rooms — Revenue from Contract with Customer, Excluding Assessed Tax

Other product segments

Casino
$2.38B+2.3%
Food and beverage
$802.33M+3.1%
Entertainment, retail and other
$416.33M-4.6%

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TNLAncillary Revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$0-100%
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TNLTransaction Revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$109M-6.8%
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QSRProperty revenues — Revenue from Contract with Customer, Excluding Assessed Tax
$0-100%
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NTRSOther — Revenue from Contract with Customer, Excluding Assessed Tax
$68.6M+8.2%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenues
Casino$2,383,185$2,329,798$4,762,040$4,581,946
Rooms849,143860,4011,716,9971,723,809
Food and beverage802,332778,1791,607,1721,548,352
Entertainment, retail and other416,333436,492819,502827,845
4,450,9934,404,8708,905,7118,681,952
Expenses
Casino1,349,2811,333,8502,698,8332,578,160

Item 1. Financial Statements (Unaudited)

FAQ

What is MGM Resorts International's rooms — revenue from contract with customer, excluding assessed tax?
MGM Resorts International (MGM) reported rooms — revenue from contract with customer, excluding assessed tax of $849.14M in Q2 2026.
How has MGM Resorts International's rooms — revenue from contract with customer, excluding assessed tax changed year-over-year?
MGM Resorts International's rooms — revenue from contract with customer, excluding assessed tax decreased by 1.3% year-over-year, from $860.4M to $849.14M.
What is the long-term trend for MGM Resorts International's rooms — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), MGM Resorts International's rooms — revenue from contract with customer, excluding assessed tax has grown at a 18.9% compound annual growth rate (CAGR), from $1.69B to $3.38B.
What does rooms — revenue from contract with customer, excluding assessed tax mean?
This metric represents the total gross revenue generated from the rental of hotel guest rooms and suites, excluding any occupancy taxes or fees collected on behalf of government entities. It serves as a primary indicator of the company's ability to monetize its lodging inventory through room rates and occupancy levels. This figure is critical for assessing the performance of the hospitality segment and the overall demand for the company's resort properties.

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