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| 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% |