MGM Resorts International (MGM) Intangibles (2009 - 2026)
MGM Resorts International's (MGM) quarterly Intangibles came in at $1.3 billion in Q1 2026, down 23.04% year-on-year from $1.7 billion in Q1 2025, and down 3.5% quarter-over-quarter from $1.4 billion in Q4 2025.
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 Q1 2026.
- Intangibles for Q1 2026 came in at $1.3 billion, down 23.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 23.04% YoY), and the FY2025 annual result was $1.4 billion, down 20.91% from the prior year.
- Intangibles came in at $1.3 billion for Q1 2026 at MGM Resorts International, down 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.
- The 5-year median for Intangibles is $1.7 billion (2024), against an average of $1.9 billion.
- Across the five-year window, Intangibles tumbled 57.1% in 2022 and rose 11.17% in 2023, its largest moves.
- MGM Resorts International's 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 declined by 3.5% to $1.3 billion in 2026.
- The last three Intangibles figures came in at $1.3 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.89 Bn | 10.06 Bn | 1.77 Bn | 215.77 Mn |
| 2 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 259.78 Mn |
| 3 | Boyd Gaming | 6.48 Bn | 6.47 Bn | 742.51 Mn | 1.47 Bn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 3.94 Bn |
| 5 | Vail Resorts | 5.17 Bn | 5.17 Bn | - | 299.51 Mn |
| 6 | Hilton Grand Vacations | 4.32 Bn | 4.21 Bn | 1.10 Bn | 1.63 Bn |
| 7 | Red Rock Resorts | 3.54 Bn | 3.51 Bn | 491.72 Mn | 79.71 Mn |
| 8 | Marriott Vacations Worldwide | 3.38 Bn | 3.12 Bn | 1.23 Bn | 696.00 Mn |
| 9 | PENN Entertainment | 2.84 Bn | 2.13 Bn | 971.20 Mn | 1.40 Bn |
| 10 | MGM Resorts International | - | - | 3.88 Bn | 1.31 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |