MGM Resorts International MGM
NYSE MGM
$43.74 +0.57 (+1.32%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

MGM Resorts International (MGM) posted Cost of Revenue of $1.3 billion for Q2 2026, little changed sequentially from $1.3 billion in Q1 2026, and up 1.16% YoY from $1.3 billion in Q2 2025.

MGM Resorts International (MGM) Cost of Revenue (2009 - 2026) Analysis & Trends

MGM Resorts International has reported Cost of Revenue for 18 years, with the latest figure at $1.3 billion in Q2 2026.

  • Quarterly Cost of Revenue rose 1.16% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.5 billion (up 8.29% YoY) and the FY2025 annual result came in at $5.3 billion, up 7.71% from the prior year.
  • Cost of Revenue steadied at $1.3 billion in Q2 2026 per MGM's latest filing, from $1.3 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.4 billion in Q4 2025 and troughed at $622.2 million in Q2 2022.
  • A 5-year average of $1.1 billion and a median of $1.2 billion in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2023 and 2025: Cost of Revenue jumped 64.87% in 2023, then dropped 2.16% in 2025.
  • Over 5 years, Cost of Revenue stood at $796.4 million in 2022, then jumped by 56.12% to $1.2 billion in 2023, then increased by 1.26% to $1.3 billion in 2024, then gained by 14.38% to $1.4 billion in 2025, then declined by 6.31% to $1.3 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.3 billion, $1.3 billion, and $1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Las Vegas Sands 30.78 Bn 27.40 Bn 1.81 Bn 1.35 Bn
2 MGM Resorts International 11.10 Bn 8.55 Bn 3.10 Bn 1.35 Bn
3 Wynn Resorts 10.30 Bn 8.73 Bn 1.14 Bn 721.38 Mn
4 Caesars Entertainment 6.07 Bn 5.01 Bn 2.04 Bn 955.00 Mn
5 Boyd Gaming 6.06 Bn 5.73 Bn 766.76 Mn 267.63 Mn
6 Vail Resorts 5.46 Bn 5.09 Bn - -
7 Marriott Vacations Worldwide 3.91 Bn 3.61 Bn 1.29 Bn 29.00 Mn
8 Hilton Grand Vacations 3.57 Bn 3.30 Bn 499.00 Mn 859.00 Mn
9 Red Rock Resorts 3.53 Bn 2.93 Bn 420.02 Mn 90.24 Mn
10 PENN Entertainment 2.49 Bn 1.60 Bn 1.02 Bn 833.20 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.35 Bn
Jun 30, 2026 1.35 Bn
Mar 31, 2026 1.35 Bn
Mar 31, 2026 1.35 Bn
Dec 31, 2025 1.44 Bn
Dec 31, 2025 1.44 Bn
Sep 30, 2025 1.32 Bn
Sep 30, 2025 1.32 Bn
Jun 30, 2025 1.33 Bn
Jun 30, 2025 1.33 Bn
Mar 31, 2025 1.24 Bn
Mar 31, 2025 1.24 Bn
Dec 31, 2024 1.26 Bn
Dec 31, 2024 1.26 Bn
Sep 30, 2024 1.21 Bn
Sep 30, 2024 1.21 Bn
Jun 30, 2024 1.22 Bn
Jun 30, 2024 1.22 Bn
Mar 31, 2024 1.27 Bn
Mar 31, 2024 1.27 Bn