Melco Resorts & Entertainment MLCO
NASDAQ MLCO
$5.06 -0.06 (-1.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

Melco Resorts & Entertainment (MLCO) Operating Expenses (2009 - 2026)

Melco Resorts & Entertainment's (MLCO) quarterly Operating Expenses came in at -$1.0 billion in Q2 2026, up 7.48% year-over-year from -$931.8 million in Q2 2025, and up 7.77% quarter-over-quarter from -$1.1 billion in Q1 2026.

Analysis

Melco Resorts & Entertainment (MLCO) Operating Expenses (2009 - 2026) Analysis & Trends

Melco Resorts & Entertainment has disclosed Operating Expenses across 18 years of filings, most recently posting -$1.0 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 7.48% year-over-year to -$1.0 billion; the TTM figure through Jun 2026 stood at -$2.1 billion (down 0.7% YoY), while the FY2025 annual figure was -$64.2 million, down 16.44% from the prior year.
  • Operating Expenses came in at -$1.0 billion for Q2 2026 at Melco Resorts & Entertainment, up from -$1.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$13.8 million in Q3 2024 to a low of -$1.1 billion in Q1 2026.
  • Average Operating Expenses over 5 years is -$559.4 million, with a median of -$667.8 million recorded in 2022.
  • Year-over-year, Operating Expenses plunged 5555.53% in 2022 and surged 98.25% in 2024.
  • Over 5 years, Operating Expenses stood at -$743.7 million in 2022, then soared by 96.23% to -$28.1 million in 2023, then retreated by 24.11% to -$34.8 million in 2024, then retreated by 6.88% to -$37.2 million in 2025, then slumped by 2589.46% to -$1.0 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$1.0 billion in Q2 2026, -$1.1 billion in Q1 2026, and -$37.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Las Vegas Sands 28.23 Bn 24.85 Bn 1.81 Bn 2.54 Bn
2 MGM Resorts International 10.30 Bn 7.75 Bn 3.10 Bn 3.97 Bn
3 Wynn Resorts 9.26 Bn 7.69 Bn 1.14 Bn 1.56 Bn
4 Caesars Entertainment 6.05 Bn 4.99 Bn 2.04 Bn 2.48 Bn
5 Churchill Downs 5.87 Bn 5.67 Bn 712.00 Mn 623.00 Mn
6 Boyd Gaming 5.64 Bn 5.31 Bn 766.76 Mn 833.69 Mn
7 Red Rock Resorts 3.18 Bn 2.57 Bn 420.02 Mn 374.27 Mn
8 PENN Entertainment 2.30 Bn 1.41 Bn 1.02 Bn 1.73 Bn
9 Monarch Casino & Resort 2.15 Bn 2.01 Bn 38.62 Mn 103.97 Mn
10 Melco Resorts & Entertainment 2.01 Bn 1.44 Bn 1.05 Bn -1.00 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.00 Bn
Mar 31, 2026 -1.09 Bn
Dec 31, 2025 -37.24 Mn
Sep 30, 2025 -16.26 Mn
Jun 30, 2025 -1.08 Bn
Mar 31, 2025 -994.75 Mn
Dec 31, 2024 -34.84 Mn
Sep 30, 2024 -13.85 Mn
Jun 30, 2024 -919.57 Mn
Mar 31, 2024 -892.93 Mn
Dec 31, 2023 -28.07 Mn
Sep 30, 2023 -790.05 Mn
Jun 30, 2023 -764.96 Mn
Mar 31, 2023 -592.01 Mn
Dec 31, 2022 -743.67 Mn
Sep 30, 2022 -276.61 Mn
Jun 30, 2022 -329.83 Mn
Mar 31, 2022 -465.22 Mn
Dec 31, 2021 -812.55 Mn
Sep 30, 2021 -7.05 Mn