Studio City International Holdings (MSC) Cost of Revenue (2017 - 2026)
Studio City International Holdings' (MSC) quarterly Cost of Revenue came in at $21.3 million in Q1 2026, down 6.19% year-on-year from $22.8 million in Q1 2025, and down 5.25% on a QoQ basis 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.
- On a quarterly basis, Cost of Revenue fell 6.19% year-over-year to $21.3 million in Q1 2026; TTM through Mar 2026 was $88.7 million, a 5.11% decrease from a year earlier, with the FY2025 full-year figure at $38.5 million, up 1683.78% from the prior year.
- Cost of Revenue for Q1 2026 stood at $21.3 million, down from $22.5 million in the prior quarter.
- Over the last five years, Cost of Revenue for MSC reached as high as $24.6 million in Q3 2024 and fell as low as $5.2 million in Q3 2022.
- Historically, Cost of Revenue has averaged $16.9 million across 5 years, with a median of $19.8 million in 2023.
- Across the five-year window, Cost of Revenue retreated 24.8% in 2022 and soared 273.79% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $6.2 million in 2022, then surged by 221.57% to $19.8 million in 2023, then advanced by 11.92% to $22.2 million in 2024, then increased by 1.57% to $22.5 million in 2025, then retreated by 5.25% to $21.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 92.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 132.64 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 109.91 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 13.21 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 95.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 59.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 74.19 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 21.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |