Monarch Casino & Resort (MCRI) Operating Expenses (2010 - 2026)
Monarch Casino & Resort (MCRI) recorded quarterly Operating Expenses of $101.6 million in Q1 2026, down 8.38% quarter-over-quarter from $110.9 million in Q4 2025, and up 1.53% on a YoY basis from $100.1 million in Q1 2025.
Monarch Casino & Resort (MCRI) Operating Expenses (2010 - 2026) Analysis & Trends
Monarch Casino & Resort's Operating Expenses history runs 17 years deep, the most recent figure standing at $101.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 1.53% year-over-year to $101.6 million; the TTM figure through Mar 2026 stood at $419.2 million (down 2.95% YoY), while the FY2025 annual figure was $417.6 million, down 2.81% from the prior year.
- Operating Expenses was $101.6 million for Q1 2026 at Monarch Casino & Resort, down from $110.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $130.6 million in Q4 2024 to a low of $87.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $100.4 million across 5 years, with a median of $100.1 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 36.58% in 2022, then slipped 15.09% in 2025.
- A 5-year view of Operating Expenses shows it stood at $92.5 million in 2022, then rose by 11.19% to $102.8 million in 2023, then advanced by 27.05% to $130.6 million in 2024, then retreated by 15.09% to $110.9 million in 2025, then decreased by 8.38% to $101.6 million in 2026.
- The last three Operating Expenses figures came in at $101.6 million (Q1 2026), $110.9 million (Q4 2025), and $104.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 1.57 Bn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 833.36 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -1.09 Bn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 2.37 Bn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 1.14 Bn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 363.64 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 1.17 Bn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 1.68 Bn |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | 101.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 101.60 Mn |
| Dec 31, 2025 | 110.90 Mn |
| Sep 30, 2025 | 104.64 Mn |
| Jun 30, 2025 | 102.02 Mn |
| Mar 31, 2025 | 100.08 Mn |
| Dec 31, 2024 | 130.61 Mn |
| Sep 30, 2024 | 102.60 Mn |
| Jun 30, 2024 | 98.63 Mn |
| Mar 31, 2024 | 97.85 Mn |
| Dec 31, 2023 | 102.80 Mn |
| Sep 30, 2023 | 101.06 Mn |
| Jun 30, 2023 | 93.98 Mn |
| Mar 31, 2023 | 93.49 Mn |
| Dec 31, 2022 | 92.46 Mn |
| Sep 30, 2022 | 97.37 Mn |
| Jun 30, 2022 | 89.63 Mn |
| Mar 31, 2022 | 86.97 Mn |
| Dec 31, 2021 | 85.26 Mn |
| Sep 30, 2021 | 82.59 Mn |
| Jun 30, 2021 | 73.97 Mn |