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

MGM Resorts International has disclosed Cost of Revenue across 18 years of filings, most recently posting $576.3 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $576.3 million, up 105.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 195.41% YoY), and the FY2025 annual result 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.
• The 5-year median for Cost of Revenue is $243.5 million (2023), against an average of $167.7 million.
• Across the five-year window, Cost of Revenue tumbled 93.36% in 2022 and jumped 5319.43% in 2023, its largest moves.
• MGM Resorts International's Cost of Revenue stood at -$1.4 billion in 2022, then soared by 124.07% to $325.2 million in 2023, then tumbled by 91.75% to $26.8 million in 2024, then surged by 2361.81% to $660.1 million in 2025, then decreased by 12.7% to $576.3 million in 2026.
• The last three Cost of Revenue figures came in at $576.3 million (Q1 2026), $660.1 million (Q4 2025), and $41.1 million (Q3 2025), per Business Quant data.