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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |