Studio City International Holdings (MSC) Gross Margin (2017 - 2026)
Studio City International Holdings' (MSC) quarterly Gross Margin came in at 87.92% in Q1 2026, up 199.0% year-on-year from 29.41% in Q1 2025, and up 2.3% on a QoQ basis 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.
- On a quarterly basis, Gross Margin rose 199.0% year-over-year to 87.92% in Q1 2026; TTM through Mar 2026 was 87.5%, a 187.0% increase from a year earlier, with the FY2025 full-year figure at 94.46%, down 520.0% from the prior year.
- Gross Margin for Q1 2026 stood at 87.92%, up from 85.95% in the prior quarter.
- Over the last five years, Gross Margin for MSC reached as high as 88.71% in Q2 2025 and fell as low as 212.76% in Q2 2022.
- Historically, Gross Margin has averaged 48.15% across 5 years, with a median of 85.93% in 2025.
- Across the five-year window, Gross Margin slumped 28973 bps in 2022 and soared 30057 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 45.43% in 2022, then surged by 289 bps to 85.97% in 2023, then dropped by 1 bps to 85.49% in 2024, then advanced by 1 bps to 85.95% in 2025, then grew by 2 bps to 87.92% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 97.43% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 97.02% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 94.08% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 98.68% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 96.69% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 95.41% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 85.38% |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 87.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |