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

MGM Resorts International (MGM) reported Change in Taxes of $125.8 million for Q1 2026, up 154.64% on a YoY basis from $49.4 million in Q1 2025, and up 415.75% sequentially from -$39.8 million in Q4 2025.

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

MGM Resorts International (MGM) has 15 years of Change in Taxes data on file, last reported at $125.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Taxes rose 154.64% year-over-year to $125.8 million; the trailing twelve-month figure through Mar 2026 stood at $124.0 million (up 190.96% YoY), and the FY2025 full-year result was $47.6 million, up 135.87% from the prior year.
  • Change in Taxes advanced to $125.8 million in Q1 2026, 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.
  • A 5-year average of $10.5 million and a median of $1.7 million in 2024 frame the typical range for Change in Taxes.
  • Across the five-year window, Change in Taxes slumped 28909.48% in 2023 and surged 3255.37% in 2025, its largest moves.
  • Tracing MGM's Change in Taxes over 5 years: stood at $161.2 million in 2022, then tumbled by 85.5% to $23.4 million in 2023, then plunged by 372.22% to -$63.6 million in 2024, then jumped by 37.39% to -$39.8 million in 2025, then soared by 415.75% to $125.8 million in 2026.
  • Business Quant data shows MGM's Change in Taxes at $125.8 million in Q1 2026, -$39.8 million in Q4 2025, and $58.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn -
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 125.81 Mn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn -
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn -
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -3.00 Mn
7 Vail Resorts 5.23 Bn 5.21 Bn - -24.71 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn -
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 10.26 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 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