---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-037093"
form_type: "8-K"
ticker: "MGM"
cik: "0000789570"
company_name: "MGM Resorts International"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T05:09:08.428375+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001193125-26-037093
- form_type: 8-K
- ticker: MGM
- cik: 0000789570
- company_name: MGM Resorts International
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789570/000119312526037093/0001193125-26-037093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789570/000119312526037093/d87621d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-037093
- JSON: https://secwatch.observer/filing/0001193125-26-037093.json
- Plain text: https://secwatch.observer/filing/0001193125-26-037093.txt

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