---
schema_version: "secwatch.filing_event.v1"
accession: "0000789570-26-000034"
form_type: "8-K"
ticker: "MGM"
cik: "0000789570"
company_name: "MGM Resorts International"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:34:12.778967+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000789570-26-000034
- form_type: 8-K
- ticker: MGM
- cik: 0000789570
- company_name: MGM Resorts International
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789570/000078957026000034/0000789570-26-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789570/000078957026000034/mgm-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789570-26-000034
- JSON: https://secwatch.observer/filing/0000789570-26-000034.json
- Plain text: https://secwatch.observer/filing/0000789570-26-000034.txt

## Key facts
- Earnings Releases
  MGM Resorts International reported financial results for quarter ended March 31, 2026.
  - Period: quarter ended March 31, 2026
  - Result: reported results
  source text: announce the Registrant’s results of operations for the quarter ended March 31, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/789570/000078957026000034/0000789570-26-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.