MGM Resorts Q1: record $4.5B revenue (+4%); net income $125M (-16%); Adj. EBITDA $580M (-9%)

MGM Resorts International

2026-Q1 EPS reported $0.48 revenue$4,454,718,000

Consolidated net revenues $4.5B (+4% YoY); net income $125M vs $149M; diluted EPS $0.48 vs $0.51.
Consolidated Adj. EBITDA $580M vs $637M; Adj. EPS $0.49 vs $0.69.
Las Vegas Strip EBITDAR $749M (-8%); Regional EBITDAR $259M (-7%); MGM China EBITDAR $273M (-4%).
BetMGM North America Venture turned profitable: MGM share of income $7.4M vs -$15.2M loss.
Closed sale of MGM Northfield Park for $546M in April 2026; repurchased ~2M shares for $90M in Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MGM Resorts International reported financial results for quarter ended March 31, 2026.

Period: quarter ended March 31, 2026
Result: reported results

Exact text from the filing

announce the Registrant’s results of operations for the quarter ended March 31, 2026

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MGM Resorts International filing history →

Source: SEC EDGAR

accession 0000789570-26-000034

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