MGM Resorts International (MGM) Gross Margin (2009 - 2026)

MGM Resorts International has disclosed Gross Margin across 18 years of filings, most recently posting 87.06% for Q1 2026.

• Gross Margin for Q1 2026 came in at 87.06%, down 637.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 89.53% (down 680.0% YoY), and the FY2025 annual result was 94.05%, down 539.0% from the prior year.
• Gross Margin came in at 87.06% for Q1 2026 at MGM Resorts International, up from 85.67% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 137.61% in Q4 2022 to a low of 85.67% in Q4 2025.
• The 5-year median for Gross Margin is 93.58% (2024), against an average of 96.3%.
• Across the five-year window, Gross Margin soared 2662 bps in 2022 and sank 4504 bps in 2023, its largest moves.
• MGM Resorts International's Gross Margin stood at 137.61% in 2022, then slumped by 33 bps to 92.57% in 2023, then rose by 7 bps to 99.38% in 2024, then slipped by 14 bps to 85.67% in 2025, then gained by 2 bps to 87.06% in 2026.
• The last three Gross Margin figures came in at 87.06% (Q1 2026), 85.67% (Q4 2025), and 99.03% (Q3 2025), per Business Quant data.