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

MGM Resorts International's Operating Expenses history runs 18 years deep, the most recent figure standing at $4.2 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 7.33% year-over-year to $4.2 billion; the TTM figure through Mar 2026 stood at $16.9 billion (up 8.0% YoY), while the FY2025 annual figure 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.
• A 5-year average of $3.7 billion and a median of $3.9 billion in 2025 frame the typical range for Operating Expenses.
• On a YoY basis, Operating Expenses climbed as much as 422.97% in 2022 and fell as far as 60.34% in 2022.
• MGM Resorts International's Operating Expenses stood at $3.6 billion in 2022, then rose by 11.51% to $4.0 billion in 2023, then gained by 1.33% to $4.0 billion in 2024, then grew by 7.37% to $4.3 billion in 2025, then retreated by 3.44% to $4.2 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $4.2 billion, $4.3 billion, and $4.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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