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
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