MGM Resorts International (MGM) Cost of Revenue (2009 - 2026)

MGM Resorts International's Cost of Revenue history runs 18 years deep, the most recent figure standing at $576.3 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 105.19% year-over-year to $576.3 million; the TTM figure through Mar 2026 stood at $1.9 billion (up 195.41% YoY), while the FY2025 annual figure was $1.0 billion, up 981.64% from the prior year.
• Cost of Revenue came in at $576.3 million for Q1 2026 at MGM Resorts International, down from $660.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $660.1 million in Q4 2025 to a low of -$1.4 billion in Q4 2022.
• A 5-year average of $167.7 million and a median of $243.5 million in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue slumped 93.36% in 2022 and surged 5319.43% in 2023, its largest moves.
• MGM Resorts International's Cost of Revenue stood at -$1.4 billion in 2022, then jumped by 124.07% to $325.2 million in 2023, then slumped by 91.75% to $26.8 million in 2024, then soared by 2361.81% to $660.1 million in 2025, then slipped by 12.7% to $576.3 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $576.3 million, $660.1 million, and $41.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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