Studio City International Holdings (MSC) Cost of Revenue (2017 - 2026)

Studio City International Holdings (MSC) reported Cost of Revenue of $21.3 million for Q1 2026, down 6.19% year-over-year from $22.8 million in Q1 2025, and down 5.25% quarter-over-quarter from $22.5 million in Q4 2025.

Studio City International Holdings (MSC) Cost of Revenue (2017 - 2026) Analysis & Trends

Studio City International Holdings (MSC) has 10 years of Cost of Revenue data on file, last reported at $21.3 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $21.3 million, down 6.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $88.7 million (down 5.11% YoY), and the FY2025 annual result was $129.7 million, up 251.36% from the prior year.
  • Cost of Revenue eased to $21.3 million in Q1 2026 per MSC's latest filing, from $22.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $24.6 million in Q3 2024 and troughed at $5.2 million in Q3 2022.
  • A 5-year average of $16.9 million and a median of $19.8 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue slipped 24.8% in 2022, then surged 273.79% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $6.2 million in 2022, then surged by 221.57% to $19.8 million in 2023, then increased by 11.92% to $22.2 million in 2024, then advanced by 1.57% to $22.5 million in 2025, then dropped by 5.25% to $21.3 million in 2026.
  • Business Quant data shows MSC's Cost of Revenue at $21.3 million in Q1 2026, $22.5 million in Q4 2025, and $23.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 89.79 Mn
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 254.85 Mn
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 156.00 Mn
5 Vail Resorts 4.85 Bn 4.81 Bn - -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 181.00 Mn
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 15.60 Mn
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 28.00 Mn
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 807.90 Mn
10 Studio City International Holdings - - 155.38 Mn 21.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 21.34 Mn
Mar 31, 2026 21.34 Mn
Dec 31, 2025 22.52 Mn
Dec 31, 2025 22.52 Mn
Sep 30, 2025 23.39 Mn
Sep 30, 2025 23.39 Mn
Jun 30, 2025 21.45 Mn
Jun 30, 2025 21.45 Mn
Mar 31, 2025 22.75 Mn
Mar 31, 2025 22.75 Mn
Dec 31, 2024 22.18 Mn
Dec 31, 2024 22.18 Mn
Sep 30, 2024 24.59 Mn
Sep 30, 2024 24.59 Mn
Jun 30, 2024 23.98 Mn
Jun 30, 2024 23.98 Mn
Mar 31, 2024 18.92 Mn
Mar 31, 2024 18.92 Mn
Dec 31, 2023 19.82 Mn
Dec 31, 2023 19.82 Mn