Studio City International Holdings (MSC) Gross Margin (2017 - 2026)

Studio City International Holdings (MSC) reported Gross Margin of 87.92% for Q1 2026, up 199.0% year-over-year from 29.41% in Q1 2025, and up 2.3% quarter-over-quarter from 85.95% in Q4 2025.

Studio City International Holdings (MSC) Gross Margin (2017 - 2026) Analysis & Trends

Studio City International Holdings (MSC) has 10 years of Gross Margin data on file, last reported at 87.92% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 87.92%, up 199.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 87.5% (up 187.0% YoY), and the FY2025 annual result was 81.32%, down 1290.0% from the prior year.
  • Gross Margin rose to 87.92% in Q1 2026 per MSC's latest filing, from 85.95% in the prior quarter.
  • Over five years, Gross Margin peaked at 88.71% in Q2 2025 and troughed at 212.76% in Q2 2022.
  • A 5-year average of 48.15% and a median of 85.93% in 2025 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 28973 bps in 2022, then surged 30057 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 45.43% in 2022, then surged by 289 bps to 85.97% in 2023, then retreated by 1 bps to 85.49% in 2024, then increased by 1 bps to 85.95% in 2025, then gained by 2 bps to 87.92% in 2026.
  • Business Quant data shows MSC's Gross Margin at 87.92% in Q1 2026, 85.95% in Q4 2025, and 87.18% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 95.16%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 74.45%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 94.56%
5 Vail Resorts 4.85 Bn 4.81 Bn - -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 85.91%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 96.92%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 97.77%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 54.59%
10 Studio City International Holdings - - 155.38 Mn 87.92%

Historic Data

Download Data
DateValue
Mar 31, 2026 87.92%
Dec 31, 2025 85.95%
Sep 30, 2025 87.18%
Jun 30, 2025 88.71%
Mar 31, 2025 85.93%
Dec 31, 2024 85.49%
Sep 30, 2024 85.92%
Jun 30, 2024 85.15%
Mar 31, 2024 87.40%
Dec 31, 2023 85.97%
Sep 30, 2023 85.98%
Jun 30, 2023 87.81%
Mar 31, 2023 82.00%
Dec 31, 2022 -45.43%
Sep 30, 2022 -84.82%
Jun 30, 2022 -212.76%
Mar 31, 2022 40.18%
Dec 31, 2021 75.64%
Sep 30, 2021 63.34%
Jun 30, 2021 76.96%