MGM Resorts International (MGM) Operating Income (2009 - 2026)
MGM Resorts International's (MGM) quarterly Operating Income came in at $503.6 million in Q2 2026, up 24.49% year-over-year from $404.6 million in Q2 2025, and up 67.19% quarter-over-quarter from $301.2 million in Q1 2026.
MGM Resorts International (MGM) Operating Income (2009 - 2026) Analysis & Trends
MGM Resorts International has disclosed Operating Income across 18 years of filings, most recently posting $503.6 million for Q2 2026.
- In Q2 2026, Operating Income rose 24.49% year-over-year to $503.6 million; the TTM figure through Jun 2026 stood at $1.0 billion (down 27.15% YoY), while the FY2025 annual figure was $1.0 billion, down 32.79% from the prior year.
- Operating Income came in at $503.6 million for Q2 2026 at MGM Resorts International, up from $301.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $2.4 billion in Q2 2022 to a low of -$1.0 billion in Q3 2022.
- Average Operating Income over 5 years is $368.2 million, with a median of $370.7 million recorded in 2023.
- Year-over-year, Operating Income slumped 155.26% in 2022 and surged 22217.3% in 2023.
- Over 5 years, Operating Income stood at -$1.9 million in 2022, then surged by 22217.3% to $419.3 million in 2023, then slumped by 30.47% to $291.6 million in 2024, then rose by 11.47% to $325.0 million in 2025, then soared by 54.96% to $503.6 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $503.6 million in Q2 2026, $301.2 million in Q1 2026, and $325.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.40 Bn | 22.34 Bn | 1.81 Bn | 618.00 Mn |
| 2 | DraftKings | 18.89 Bn | 17.90 Bn | 551.45 Mn | -68.17 Mn |
| 3 | Flutter Entertainment | 14.91 Bn | 13.72 Bn | 1.71 Bn | -144.00 Mn |
| 4 | MGM Resorts International | 9.52 Bn | 7.83 Bn | 3.10 Bn | 503.64 Mn |
| 5 | Madison Square Garden Sports | 9.51 Bn | 9.35 Bn | 119.21 Mn | 32.15 Mn |
| 6 | Life Time Group Holdings | 8.86 Bn | 8.63 Bn | 412.26 Mn | 149.71 Mn |
| 7 | Wynn Resorts | 8.42 Bn | 6.11 Bn | 1.14 Bn | 297.59 Mn |
| 8 | Super Group (SGHC) | 6.08 Bn | 5.53 Bn | - | - |
| 9 | Caesars Entertainment | 6.03 Bn | 5.15 Bn | 2.04 Bn | 513.00 Mn |
| 10 | Churchill Downs | 5.61 Bn | 5.46 Bn | 712.00 Mn | 357.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 503.64 Mn |
| Mar 31, 2026 | 301.24 Mn |
| Dec 31, 2025 | 325.01 Mn |
| Sep 30, 2025 | -112.85 Mn |
| Jun 30, 2025 | 404.57 Mn |
| Mar 31, 2025 | 385.06 Mn |
| Dec 31, 2024 | 291.57 Mn |
| Sep 30, 2024 | 314.86 Mn |
| Jun 30, 2024 | 425.66 Mn |
| Mar 31, 2024 | 458.38 Mn |
| Dec 31, 2023 | 419.34 Mn |
| Sep 30, 2023 | 369.94 Mn |
| Jun 30, 2023 | 371.38 Mn |
| Mar 31, 2023 | 730.84 Mn |
| Dec 31, 2022 | -1.90 Mn |
| Sep 30, 2022 | -1.05 Bn |
| Jun 30, 2022 | 2.38 Bn |
| Mar 31, 2022 | 105.79 Mn |
| Dec 31, 2021 | 368.85 Mn |
| Sep 30, 2021 | 1.89 Bn |
MGM Resorts International Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=MGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "MGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=MGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();