MGM Resorts International (MGM) Deferred Taxes (2009 - 2026)
MGM Resorts International (MGM) posted Deferred Taxes of -$33.1 million for Q2 2026, down 176.96% sequentially from -$11.9 million in Q1 2026, and down 81.46% YoY from -$178.3 million in Q2 2025.
MGM Resorts International (MGM) Deferred Taxes (2009 - 2026) Analysis & Trends
MGM Resorts International has reported Deferred Taxes for 18 years, with the latest figure at -$33.1 million in Q2 2026.
- Quarterly Deferred Taxes fell 81.46% year-over-year to -$33.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$262.6 million (down 391.99% YoY) and the FY2025 annual result came in at -$245.6 million, down 188.51% from the prior year.
- Deferred Taxes slipped to -$33.1 million in Q2 2026 per MGM's latest filing, from -$11.9 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $541.6 million in Q2 2022 and troughed at -$242.7 million in Q4 2025.
- A 5-year average of $180055.6 and a median of -$10.9 million in 2025 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2022 and 2024: Deferred Taxes soared 4620.82% in 2022, then slumped 2164.67% in 2024.
- Over 5 years, Deferred Taxes stood at $124.3 million in 2022, then plunged by 203.83% to -$129.1 million in 2023, then surged by 87.47% to -$16.2 million in 2024, then sank by 1400.64% to -$242.7 million in 2025, then soared by 86.38% to -$33.1 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$33.1 million, -$11.9 million, and -$242.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 4.00 Mn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | -33.06 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 12.45 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | -12.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | -31.09 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 105.63 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | -15.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | - |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | -5.68 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 17.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -33.06 Mn |
| Mar 31, 2026 | -11.94 Mn |
| Dec 31, 2025 | -242.71 Mn |
| Sep 30, 2025 | 25.15 Mn |
| Jun 30, 2025 | -18.22 Mn |
| Mar 31, 2025 | -9.78 Mn |
| Dec 31, 2024 | -16.17 Mn |
| Sep 30, 2024 | -9.20 Mn |
| Jun 30, 2024 | -51.54 Mn |
| Mar 31, 2024 | -8.20 Mn |
| Dec 31, 2023 | -129.11 Mn |
| Sep 30, 2023 | -23.99 Mn |
| Jun 30, 2023 | -2.28 Mn |
| Mar 31, 2023 | 38.10 Mn |
| Dec 31, 2022 | 124.35 Mn |
| Sep 30, 2022 | -170.80 Mn |
| Jun 30, 2022 | 541.57 Mn |
| Mar 31, 2022 | 1.07 Mn |
| Dec 31, 2021 | 88.48 Mn |
| Sep 30, 2021 | 222.29 Mn |