Melco Resorts & Entertainment (MLCO) Cost of Revenue (2009 - 2026)
Melco Resorts & Entertainment's Cost of Revenue came in at $28.58 million for the quarter ended Jun 30, 2026, up 1.8% from $28.08 million a year earlier but down 5.2% from the prior quarter.
Melco Resorts & Entertainment (MLCO) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Melco Resorts & Entertainment reported Cost of Revenue of $158.21 million, down 2.3% year-over-year; for the year ended Dec 31, 2025, it came in at $118.88 million, up 2.8% from the prior year.
- Cost of Revenue carries a five-year compound annual growth rate of 9.8% (years ended Dec 2020 to Dec 2025).
- Going back by year, Cost of Revenue was $115.68 million in the year ended Dec 31, 2024 (-44.6%), $208.89 million in the year ended Dec 31, 2023 (+144.3%), $85.52 million in the year ended Dec 31, 2022 (-12.4%) and $97.67 million in the year ended Dec 31, 2021 (+31.0%).
- The five-year range for quarterly Cost of Revenue is $4.62 million (the quarter ended Sep 30, 2022) to $74.74 million (the quarter ended Dec 31, 2024).
- Year-over-year, Cost of Revenue increased in five of the last eight quarters, with growth averaging 4.5%.
- The fastest year-over-year change in Cost of Revenue over five years came in the quarter ended Sep 30, 2023 (growth of 398.7%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 57.5%).
- Business Quant data shows MLCO's Cost of Revenue at $30.14 million (quarter ended Mar 31, 2026), $70.95 million (quarter ended Dec 31, 2025) and $28.54 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 1.67 Bn |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | 891.78 Mn |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | 2.61 Bn |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | 159.53 Mn |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 453.73 Mn |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 1.10 Bn |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 2.47 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 210.00 Mn |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 1.49 Bn |
| 10 | Melco Resorts & Entertainment | 1.70 Bn | -387.76 Mn | 1.05 Bn | 28.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.58 Mn |
| Mar 31, 2026 | 30.14 Mn |
| Dec 31, 2025 | 70.95 Mn |
| Sep 30, 2025 | 28.54 Mn |
| Jun 30, 2025 | 28.08 Mn |
| Mar 31, 2025 | 32.04 Mn |
| Dec 31, 2024 | 74.74 Mn |
| Sep 30, 2024 | 27.12 Mn |
| Jun 30, 2024 | 30.19 Mn |
| Mar 31, 2024 | 27.92 Mn |
| Dec 31, 2023 | 65.22 Mn |
| Sep 30, 2023 | 23.06 Mn |
| Jun 30, 2023 | 21.20 Mn |
| Mar 31, 2023 | 16.86 Mn |
| Dec 31, 2022 | 23.28 Mn |
| Sep 30, 2022 | 4.62 Mn |
| Jun 30, 2022 | 6.63 Mn |
| Mar 31, 2022 | 11.42 Mn |
| Dec 31, 2021 | 25.64 Mn |
| Sep 30, 2021 | 10.88 Mn |
Melco Resorts & Entertainment Cost of Revenue 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=cost-of-revenue&ticker=MLCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MLCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MLCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();