MGM Resorts International (MGM) Intangibles (2009 - 2026)

MGM Resorts International (MGM) reported Intangibles of $1.3 billion for Q1 2026, down 23.04% on a YoY basis from $1.7 billion in Q1 2025, and down 3.5% sequentially from $1.4 billion in Q4 2025.

MGM Resorts International (MGM) Intangibles (2009 - 2026) Analysis & Trends

MGM Resorts International (MGM) has 18 years of Intangibles data on file, last reported at $1.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Intangibles fell 23.04% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (down 23.04% YoY), and the FY2025 full-year result was $1.4 billion, down 20.91% from the prior year.
  • Intangibles declined to $1.3 billion in Q1 2026, from $1.4 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 Q1 2026.
  • A 5-year average of $1.9 billion and a median of $1.7 billion in 2024 frame the typical range for Intangibles.
  • Across the five-year window, Intangibles sank 57.1% in 2022 and rose 11.17% in 2023, its largest moves.
  • Tracing MGM's Intangibles over 5 years: stood at $1.6 billion in 2022, then grew by 11.17% to $1.7 billion in 2023, then declined by 0.53% to $1.7 billion in 2024, then decreased by 20.91% to $1.4 billion in 2025, then dropped by 3.5% to $1.3 billion in 2026.
  • Business Quant data shows MGM's Intangibles at $1.3 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn -
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 1.31 Bn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 215.77 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 99.68 Mn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - 259.78 Mn
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 3.94 Bn
7 Vail Resorts 5.23 Bn 5.21 Bn - 299.51 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 1.63 Bn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 79.71 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 3.55 Bn