MGM Q4 EPS $1.11, revenue up 6%; full-year net income down 72% due to $279M goodwill impairment

MGM Resorts International

2025-FY EPS reported $0.76 revenue$17,537,683,000

Q4 diluted EPS $1.11 (vs $0.52); revenue $4.61B (vs $4.35B) YoY.
Full-year diluted EPS $0.76 (vs $2.40); revenue $17.54B (vs $17.24B).
Full-year net income attributable to MGM $205.9M, down 72% from $746.6M.
Recorded $278.9M goodwill impairment in FY2025 (none in 2024).
Consolidated Adjusted EBITDA Q4 $635M (+20% YoY); full-year $2.43B (flat).

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