MGM Resorts International (MGM) Change in Taxes (2012 - 2026)

MGM Resorts International's (MGM) quarterly Change in Taxes came in at $125.8 million in Q1 2026, up 154.64% year-on-year from $49.4 million in Q1 2025, and up 415.75% quarter-over-quarter from -$39.8 million in Q4 2025.

MGM Resorts International (MGM) Change in Taxes (2012 - 2026) Analysis & Trends

MGM Resorts International has disclosed Change in Taxes across 15 years of filings, most recently posting $125.8 million for Q1 2026.

  • Change in Taxes for Q1 2026 came in at $125.8 million, up 154.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $124.0 million (up 190.96% YoY), and the FY2025 annual result was $47.6 million, up 135.87% from the prior year.
  • Change in Taxes came in at $125.8 million for Q1 2026 at MGM Resorts International, up from -$39.8 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $161.2 million in Q4 2022 to a low of -$183.0 million in Q2 2023.
  • The 5-year median for Change in Taxes is $1.7 million (2024), against an average of $10.5 million.
  • Across the five-year window, Change in Taxes plunged 28909.48% in 2023 and surged 3255.37% in 2025, its largest moves.
  • MGM Resorts International's Change in Taxes stood at $161.2 million in 2022, then slumped by 85.5% to $23.4 million in 2023, then tumbled by 372.22% to -$63.6 million in 2024, then surged by 37.39% to -$39.8 million in 2025, then jumped by 415.75% to $125.8 million in 2026.
  • The last three Change in Taxes figures came in at $125.8 million (Q1 2026), -$39.8 million (Q4 2025), and $58.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Wynn Resorts 10.89 Bn 10.06 Bn 1.77 Bn -
2 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - 22.75 Mn
3 Boyd Gaming 6.48 Bn 6.47 Bn 742.51 Mn -37.63 Mn
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn -3.00 Mn
5 Vail Resorts 5.17 Bn 5.17 Bn - -24.71 Mn
6 Hilton Grand Vacations 4.32 Bn 4.21 Bn 1.10 Bn -
7 Red Rock Resorts 3.54 Bn 3.51 Bn 491.72 Mn 10.26 Mn
8 Marriott Vacations Worldwide 3.38 Bn 3.12 Bn 1.23 Bn -
9 PENN Entertainment 2.84 Bn 2.13 Bn 971.20 Mn 19.00 Mn
10 MGM Resorts International - - 3.88 Bn 125.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 125.81 Mn
Mar 31, 2026 125.81 Mn
Dec 31, 2025 -39.85 Mn
Dec 31, 2025 -39.85 Mn
Sep 30, 2025 58.42 Mn
Sep 30, 2025 58.42 Mn
Jun 30, 2025 -20.33 Mn
Jun 30, 2025 -20.33 Mn
Mar 31, 2025 49.41 Mn
Mar 31, 2025 49.41 Mn
Dec 31, 2024 -63.64 Mn
Dec 31, 2024 -63.64 Mn
Sep 30, 2024 1.74 Mn
Sep 30, 2024 1.74 Mn
Jun 30, 2024 -123.89 Mn
Jun 30, 2024 -123.89 Mn
Mar 31, 2024 52.95 Mn
Mar 31, 2024 52.95 Mn
Dec 31, 2023 23.38 Mn
Dec 31, 2023 23.38 Mn