MGM Resorts (MGM) financial statements

+143.3%since 2008
FY2025 revenue
$17.5B▲ +1.7%
FY2025 net income
$206M▼ −72.4%
FY2025 diluted EPS
$0.76▼ −68.3%
FY2025 free cash flow
$1.5B▲ +20.5%

MGM Resorts income statement

MGM Resorts income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue17,53817,24116,164
Operating income1,0021,4901,891
Pretax income2811,1171,473
Net income2067471,142
Diluted earnings per share0.762.403.19

MGM Resorts balance sheet

MGM Resorts balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents2,0632,5033,015
Total assets41,37442,23242,369
Total liabilities (derived)38,09738,51238,001
Total equity3,2553,6854,334
Long-term debt6,2306,3626,344

MGM Resorts cash flow statement

MGM Resorts cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow2,5292,3622,691
Capital expenditure-1,069-1,151-932
Free cash flow (derived)1,4601,2121,759
Dividends paidn/a00
Share repurchases-1,228-1,358-2,292

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)4,2124,4514,4554,605
Operating income (derived)119504301325
Net income (derived)-17292125294
Diluted earnings per share-0.071.110.48n/a
Operating cash flow (derived)532559568655
Total assets39,47439,84841,40241,374

MGM Resorts major shareholders

MGM Resorts major shareholders
HolderShare of classSharesFiled
PEOPLE INCORPORATED26.5%66,822,35028 October 2026
IAC Inc.26.1%66,822,35026 March 2026
IAC INC.26.1%66,822,3501 June 2026
DAVIS SELECTED ADVISERS9.3%23,903,31712 August 2026
Vanguard Capital Management5.4%13,746,68430 April 2026

MGM Resorts 10-K and SEC filings

MGM Resorts 10-K and SEC filings
FiledFormTypeDescription
28 October 202610-QQuarterly reportQuarterly report
28 October 20268-KCurrent reportCurrent report
28 October 20268-KCurrent reportCurrent report
29 July 202610-QQuarterly reportQuarterly report
29 July 20268-KCurrent reportCurrent report
14 May 20268-KCurrent reportCurrent report
8 May 20268-KCurrent reportCurrent report
29 April 202610-QQuarterly reportQuarterly report

Common questions

What was MGM Resorts' revenue in fiscal 2025?

MGM Resorts reported $17.5 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 1.7% from fiscal 2024.

What was MGM Resorts' net income in fiscal 2025?

MGM Resorts reported net income of $206 million for fiscal 2025, the year ended 31 December 2025, down 72.4% from fiscal 2024. Diluted earnings per share were $0.76.

What was MGM Resorts' free cash flow in fiscal 2025?

MGM Resorts had $1.5 billion in free cash flow in fiscal 2025. Operating cash flow was $2.5 billion and capital expenditure was $1.1 billion.

What were MGM Resorts' total assets at the end of fiscal 2025?

MGM Resorts reported total assets of $41.4 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much MGM Resorts history does each plan include?

Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.