MGM Resorts International (MGM) Operating Income (2009 - 2026)
MGM Resorts International's Operating Income came in at $503.64 million for Q2 2026, up 24.5% from $404.57 million a year earlier and up 67.2% from the prior quarter.
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Analysis
MGM Resorts International (MGM) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MGM Resorts International reported Operating Income of $1.02 billion, down 27.1% year-over-year; for FY2025, it came in at $1 billion, down 32.8% from FY2024.
- Going back by year, Operating Income was $1.49 billion in FY2024 (-21.2%), $1.89 billion in FY2023 (+31.4%), $1.44 billion in FY2022 (-36.8%) and $2.28 billion in FY2021.
- The Q2 2026 figure represents the highest quarterly Operating Income since Q1 2023.
- Year-over-year, Operating Income increased in two of the last seven quarters, with an average decline of 7.4%.
- The fastest year-over-year change in Operating Income over five years came in Q2 2022 (growth of 802.9%), and the weakest in Q2 2023 (a decline of 84.4%).
- Business Quant data shows MGM's Operating Income at $301.24 million (Q1 2026), $325.01 million (Q4 2025) and -$112.85 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 618.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | -144.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 32.15 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | -68.17 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 149.71 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 297.59 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 503.64 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 223.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 513.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 357.00 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();