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

MGM Resorts International (MGM) has 18 years of Operating Expenses data on file, last reported at $4.2 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 7.33% year-over-year to $4.2 billion; the trailing twelve-month figure through Mar 2026 stood at $16.9 billion (up 8.0% YoY), and the FY2025 full-year result was $16.6 billion, up 6.04% from the prior year.
• Operating Expenses slipped to $4.2 billion in Q1 2026, 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.
• Peak annual rise in Operating Expenses reached 422.97% in 2022, while the deepest fall reached 60.34% in 2022.
• Tracing MGM's Operating Expenses over 5 years: stood at $3.6 billion in 2022, then grew by 11.51% to $4.0 billion in 2023, then increased by 1.33% to $4.0 billion in 2024, then advanced by 7.37% to $4.3 billion in 2025, then declined by 3.44% to $4.2 billion in 2026.
• Business Quant data shows MGM's Operating Expenses at $4.2 billion in Q1 2026, $4.3 billion in Q4 2025, and $4.4 billion in Q3 2025.