MGM Resorts International (MGM) Intangibles (2009 - 2026)
MGM Resorts International's (MGM) quarterly Intangibles came in at $1.3 billion in Q2 2026, down 26.12% year-over-year from $1.7 billion in Q2 2025, and down 3.91% quarter-over-quarter from $1.3 billion in Q1 2026.
MGM Resorts International (MGM) Intangibles (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed Intangibles across 18 years of filings, most recently posting $1.3 billion for Q2 2026.
- In Q2 2026, Intangibles fell 26.12% year-over-year to $1.3 billion; the TTM figure through Jun 2026 stood at $1.3 billion (down 26.12% YoY), while the FY2025 annual figure was $1.4 billion, down 20.91% from the prior year.
- Intangibles came in at $1.3 billion for Q2 2026 at MGM Resorts International, down from $1.3 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $3.6 billion in Q2 2022 to a low of $1.3 billion in Q2 2026.
- Average Intangibles over 5 years is $1.9 billion, with a median of $1.7 billion recorded in 2024.
- Year-over-year, Intangibles slumped 57.1% in 2022 and gained 11.17% in 2023.
- Over 5 years, Intangibles stood at $1.6 billion in 2022, then increased by 11.17% to $1.7 billion in 2023, then fell by 0.53% to $1.7 billion in 2024, then slipped by 20.91% to $1.4 billion in 2025, then dropped by 7.27% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Intangibles figures were $1.3 billion in Q2 2026, $1.3 billion in Q1 2026, and $1.4 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.40 Bn | 22.34 Bn | 1.81 Bn | - |
| 2 | DraftKings | 18.89 Bn | 17.90 Bn | 551.45 Mn | 837.44 Mn |
| 3 | Flutter Entertainment | 14.91 Bn | 13.72 Bn | 1.71 Bn | 6.48 Bn |
| 4 | MGM Resorts International | 9.52 Bn | 7.83 Bn | 3.10 Bn | 1.26 Bn |
| 5 | Madison Square Garden Sports | 9.51 Bn | 9.35 Bn | 119.21 Mn | 103.64 Mn |
| 6 | Life Time Group Holdings | 8.86 Bn | 8.63 Bn | 412.26 Mn | 180.73 Mn |
| 7 | Wynn Resorts | 8.42 Bn | 6.11 Bn | 1.14 Bn | 208.23 Mn |
| 8 | Super Group (SGHC) | 6.08 Bn | 5.53 Bn | - | 323.00 Mn |
| 9 | Caesars Entertainment | 6.03 Bn | 5.15 Bn | 2.04 Bn | 3.96 Bn |
| 10 | Churchill Downs | 5.61 Bn | 5.46 Bn | 712.00 Mn | 2.51 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.26 Bn |
| Mar 31, 2026 | 1.31 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.62 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 1.70 Bn |
| Dec 31, 2024 | 1.72 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 1.69 Bn |
| Dec 31, 2023 | 1.72 Bn |
| Sep 30, 2023 | 1.73 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 1.76 Bn |
| Dec 31, 2022 | 1.55 Bn |
| Sep 30, 2022 | 2.81 Bn |
| Jun 30, 2022 | 3.60 Bn |
| Mar 31, 2022 | 3.56 Bn |
| Dec 31, 2021 | 3.62 Bn |
| Sep 30, 2021 | 3.67 Bn |
MGM Resorts International Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "MGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();