Studio City International Holdings (MSC) Operating Expenses (2017 - 2026)
Studio City International Holdings' (MSC) quarterly Operating Expenses came in at -$14.8 million in Q2 2026, little changed year-over-year from -$14.8 million in Q2 2025, and up 3.32% quarter-over-quarter from -$15.3 million in Q1 2026.
Analysis
Studio City International Holdings (MSC) Operating Expenses (2017 - 2026) Analysis & Trends
Studio City International Holdings (MSC) has reported Operating Expenses for 10 consecutive years, with -$14.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses changed 0.02% year-over-year to -$14.8 million in Q2 2026; TTM through Jun 2026 was -$60.8 million, a 6.25% decrease from a year earlier, with the FY2025 full-year figure at -$60.2 million, down 16.71% from the prior year.
- Operating Expenses was -$14.8 million for Q2 2026 at Studio City International Holdings, up from -$15.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$2.6 million in Q2 2022 and troughed at -$15.6 million in Q3 2025.
- A 5-year average of -$10.1 million and a median of -$12.0 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses rose 17.43% in 2022 and slumped 291.98% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at -$2.6 million in 2022, then tumbled by 291.98% to -$10.4 million in 2023, then slumped by 36.39% to -$14.1 million in 2024, then decreased by 6.57% to -$15.1 million in 2025, then increased by 1.85% to -$14.8 million in 2026.
- The last three Operating Expenses figures came in at -$14.8 million (Q2 2026), -$15.3 million (Q1 2026), and -$15.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 86.86 Bn | 86.40 Bn | 1.97 Bn | 5.84 Bn |
| 2 | Hilton Worldwide Holdings | 69.47 Bn | 68.46 Bn | 3.08 Bn | 2.48 Bn |
| 3 | Hyatt Hotels | 15.22 Bn | 14.62 Bn | 809.00 Mn | 1.70 Bn |
| 4 | H World | 13.21 Bn | 11.10 Bn | 453.94 Mn | -753.00 Mn |
| 5 | Wyndham Hotels & Resorts | 5.14 Bn | 5.07 Bn | 349.00 Mn | 201.00 Mn |
| 6 | Atour Lifestyle Holdings | 4.55 Bn | 3.71 Bn | 511.83 Mn | 80.75 Mn |
| 7 | Choice Hotels International | 4.43 Bn | 4.39 Bn | 243.10 Mn | 336.62 Mn |
| 8 | Hotel101 Global Holdings | 1.07 Bn | 1.05 Bn | - | - |
| 9 | Studio City International Holdings | 316.81 Mn | 210.54 Mn | 144.08 Mn | -14.78 Mn |
| 10 | GreenTree Hospitality | 67.69 Mn | 67.69 Mn | 34.50 Mn | -27.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.78 Mn |
| Mar 31, 2026 | -15.29 Mn |
| Dec 31, 2025 | -15.06 Mn |
| Sep 30, 2025 | -15.64 Mn |
| Jun 30, 2025 | -14.78 Mn |
| Mar 31, 2025 | -14.77 Mn |
| Dec 31, 2024 | -14.13 Mn |
| Sep 30, 2024 | -13.51 Mn |
| Jun 30, 2024 | -12.56 Mn |
| Mar 31, 2024 | -11.42 Mn |
| Dec 31, 2023 | -10.36 Mn |
| Sep 30, 2023 | -8.02 Mn |
| Jun 30, 2023 | -6.50 Mn |
| Mar 31, 2023 | -3.40 Mn |
| Dec 31, 2022 | -2.64 Mn |
| Sep 30, 2022 | -2.88 Mn |
| Jun 30, 2022 | -2.64 Mn |
| Mar 31, 2022 | -2.95 Mn |
| Dec 31, 2021 | -2.85 Mn |
| Sep 30, 2021 | -3.22 Mn |