Melco Resorts & Entertainment (MLCO) Gross Margin (2009 - 2026)
Melco Resorts & Entertainment's (MLCO) quarterly Gross Margin came in at 97.34% in Q2 2026, down 26.0% year-over-year from 131.54% in Q2 2025, and little changed quarter-over-quarter from 97.52% in Q1 2026.
Analysis
Melco Resorts & Entertainment (MLCO) Gross Margin (2009 - 2026) Analysis & Trends
Melco Resorts & Entertainment has disclosed Gross Margin across 18 years of filings, most recently posting 97.34% for Q2 2026.
- In Q2 2026, Gross Margin fell 26.0% year-over-year to 97.34%; the TTM figure through Jun 2026 stood at 96.63% (up 26.0% YoY), while the FY2025 annual figure was 97.36%, up 167.0% from the prior year.
- Gross Margin came in at 97.34% for Q2 2026 at Melco Resorts & Entertainment, roughly flat from 97.52% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 97.6% in Q2 2025 to a low of 93.09% in Q4 2022.
- Average Gross Margin over 5 years is 96.43%, with a median of 97.12% recorded in 2024.
- Year-over-year, Gross Margin plunged 157 bps in 2022 and jumped 94 bps in 2023.
- Over 5 years, Gross Margin stood at 93.09% in 2022, then increased by 1 bps to 94.04% in 2023, then declined by 0 bps to 93.72% in 2024, then climbed by 1 bps to 94.51% in 2025, then gained by 3 bps to 97.34% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 97.34% in Q2 2026, 97.52% in Q1 2026, and 94.51% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 61.15% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 68.09% |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 72.65% |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 74.13% |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 82.32% |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 55.14% |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 27.09% |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | 97.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.34% |
| Mar 31, 2026 | 97.52% |
| Dec 31, 2025 | 94.51% |
| Sep 30, 2025 | 97.44% |
| Jun 30, 2025 | 97.60% |
| Mar 31, 2025 | 97.10% |
| Dec 31, 2024 | 93.72% |
| Sep 30, 2024 | 97.28% |
| Jun 30, 2024 | 97.00% |
| Mar 31, 2024 | 97.13% |
| Dec 31, 2023 | 94.04% |
| Sep 30, 2023 | 97.28% |
| Jun 30, 2023 | 97.42% |
| Mar 31, 2023 | 97.09% |
| Dec 31, 2022 | 93.09% |
| Sep 30, 2022 | 96.62% |
| Jun 30, 2022 | 96.48% |
| Mar 31, 2022 | 97.16% |
| Dec 31, 2021 | 94.66% |
| Sep 30, 2021 | 97.13% |