MGM Resorts International (MGM) Operating Expenses (2009 - 2026)

MGM Resorts International has disclosed Operating Expenses across 18 years of filings, most recently posting $4.2 billion for Q1 2026.

• Operating Expenses for Q1 2026 came in at $4.2 billion, up 7.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.9 billion (up 8.0% YoY), and the FY2025 annual result was $16.6 billion, up 6.04% from the prior year.
• Operating Expenses came in at $4.2 billion for Q1 2026 at MGM Resorts International, down from $4.3 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $4.4 billion in Q3 2022 to a low of $827.9 million in Q2 2022.
• The 5-year median for Operating Expenses is $3.9 billion (2025), against an average of $3.7 billion.
• Peak annual rise in Operating Expenses reached 422.97% in 2022, while the deepest fall reached 60.34% in 2022.
• MGM Resorts International's Operating Expenses stood at $3.6 billion in 2022, then increased by 11.51% to $4.0 billion in 2023, then rose by 1.33% to $4.0 billion in 2024, then climbed by 7.37% to $4.3 billion in 2025, then fell by 3.44% to $4.2 billion in 2026.
• The last three Operating Expenses figures came in at $4.2 billion (Q1 2026), $4.3 billion (Q4 2025), and $4.4 billion (Q3 2025), per Business Quant data.