cash flow reconciliationreview2026-06-30
Operating, investing and financing flows differ from the reported change in cash by 31071000, beyond tolerance 5907070.00.
Revenue
$4.45B
Fiscal year ended 2026-06-30Operating income
$503.64M
Fiscal year ended 2026-06-30Free cash flow
$317.44M
Fiscal year ended 2026-06-30MGM Resorts International (MGM) reported revenue of $4.45B and net income of $292.43M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MGM Resorts International’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Hotels & Motels.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.45B | $4.45B | $4.61B | $4.25B | $4.40B | $4.28B | $4.35B | $4.18B | $4.33B | $4.38B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $503.64M | $301.24M | $325.01M | -$112.85M | $404.56M | $385.06M | $291.56M | $314.86M | $425.66M | $458.38M |
| Net income | $292.43M | $125.14M | $293.61M | -$285.26M | $48.95M | $148.55M | $157.43M | $184.58M | $187.07M | $217.48M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 257.76M | shares 258.88M | Unavailable | shares 272.52M | shares 275.62M | shares 289.10M | Unavailable | shares 303.48M | shares 314.42M | shares 323.76M |
| Pretax income | $413.52M | $202.25M | $99.83M | -$219.59M | $133.76M | $266.78M | $205.68M | $296.73M | $271.25M | $343.40M |
| Income tax expense | $90.73M | $27.46M | -$282.95M | -$12.86M | $15.66M | $40.05M | -$32.23M | $52.57M | -$11.55M | $43.67M |
| Diluted EPS | $1.11 | $0.48 | Unavailable | $-1.05 | $0.18 | $0.51 | Unavailable | $0.61 | $0.60 | $0.67 |
| Selling, general & administrative | $1.26B | $1.28B | $1.26B | $1.24B | $1.21B | $1.16B | $1.24B | $1.18B | $1.21B | $1.19B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.55B | $2.29B | $2.06B | $2.13B | $1.96B | $2.27B | $2.42B | $2.95B | $2.41B | $2.72B |
| Total assets | $39.85B | $41.40B | $41.37B | $41.41B | $41.70B | $41.90B | $42.23B | $42.74B | $41.82B | $42.08B |
| Current assets | $4.40B | $4.53B | $4.33B | $3.93B | $3.86B | $4.14B | $4.36B | $4.83B | $4.41B | $4.57B |
| Total liabilities | $36.47B | $38.07B | $38.10B | $37.96B | $37.96B | $38.28B | $38.51B | Unavailable | Unavailable | Unavailable |
| Current liabilities | $3.30B | $3.39B | $3.51B | $3.18B | $3.17B | $3.17B | $3.35B | $3.89B | $3.00B | $3.03B |
| Total equity incl. NCI | $3.37B | $3.31B | $3.25B | $3.42B | $3.71B | $3.59B | $3.69B | $3.82B | $3.81B | $4.03B |
| Temporary (mezzanine) equity | $8.40M | $20.45M | $21.78M | $31.46M | $31.68M | $35.09M | $34.80M | $33.34M | $32.17M | $32.28M |
| Inventory | $123.37M | $123.16M | $124.54M | $127.10M | $126.70M | $135.02M | $140.56M | $144.84M | $147.86M | $147.36M |
| Accounts receivable | $1.22B | $1.13B | $1.12B | $932.13M | $1.04B | $970.08M | $1.07B | $964.74M | $1.02B | $924.06M |
| Goodwill | $4.77B | $4.89B | $4.90B | $4.94B | $5.19B | $5.16B | $5.15B | $5.18B | $5.15B | $5.15B |
| Long-term debt | $6.07B | $6.40B | $6.23B | $6.16B | $6.21B | $6.41B | $6.36B | $6.23B | $6.29B | $6.27B |
| Accounts payable | $422.88M | $404.49M | $421.50M | $421.12M | $383.47M | $380.84M | $412.66M | $391.84M | $401.92M | $448.16M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $558.82M | $567.79M | $655.00M | $681.43M | $645.87M | $547.08M | $671.56M | $667.43M | $474.24M | $549.27M |
| Capital expenditures | $241.38M | $154.66M | $296.46M | $275.99M | $268.44M | $228.04M | $404.02M | $336.25M | $238.24M | $172.08M |
| Investing cash flow | $263.69M | -$372.79M | -$200.58M | -$334.88M | -$378.29M | -$227.04M | -$403.92M | -$493.83M | -$277.00M | -$108.41M |
| Financing cash flow | -$590.71M | $39.92M | -$498.69M | -$172.50M | -$589.69M | -$470.22M | -$790.48M | $349.65M | -$494.48M | -$628.97M |
| Net change in cash | $254.51M | $229.21M | -$70.56M | $176.28M | -$313.33M | -$145.09M | -$535.00M | $536.79M | -$307.91M | -$205.71M |
| Stock-based compensation | $15.67M | $35.14M | $31.09M | $14.28M | $16.46M | $28.65M | $28.50M | $12.40M | $12.54M | $26.78M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $173.60M | $88.90M | $511.10M | $12.00K | $227.88M | $489.28M | $119.83M | $322.73M | $408.77M | $506.57M |
| Depreciation & amortization | $282.32M | $263.72M | $278.66M | $260.72M | $241.98M | $236.44M | $209.23M | $233.33M | $191.98M | $196.56M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $317.44M | $413.12M | $358.54M | $405.44M | $377.43M | $319.04M | $267.54M | $331.18M | $236.00M | $377.19M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 11.3% | 6.8% | 7.1% | -2.7% | 9.2% | 9.0% | 6.7% | 7.5% | 9.8% | 10.5% |
| FCF margin | 7.1% | 9.3% | 7.8% | 9.5% | 8.6% | 7.5% | 6.2% | 7.9% | 5.5% | 8.6% |
| SBC / revenue | 0.4% | 0.8% | 0.7% | 0.3% | 0.4% | 0.7% | 0.7% | 0.3% | 0.3% | 0.6% |
| Current ratio | 1.33x | 1.33x | 1.23x | 1.23x | 1.22x | 1.31x | 1.30x | 1.24x | 1.47x | 1.51x |
| Revenue YoY growth | 1.0% | 4.2% | 6.0% | 1.6% | 1.8% | -2.4% | -0.7% | 5.3% | 9.8% | 13.2% |
| Net margin | 6.6% | 2.8% | 6.4% | -6.7% | 1.1% | 3.5% | 3.6% | 4.4% | 4.3% | 5.0% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 5.4% | 3.5% | 6.4% | 6.5% | 6.1% | 5.3% | 9.3% | 8.0% | 5.5% | 3.9% |
| Long-term debt / equity | 1.80x | Unavailable | 1.91x | 1.80x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 21.9% | 13.6% | -283.4% | Unavailable | 11.7% | 15.0% | -15.7% | 17.7% | -4.3% | 12.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MGM in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-11View SEC filing
10-Q · Filed 2025-10-29View SEC filing
10-Q · Filed 2025-07-30View SEC filing
10-Q · Filed 2025-04-30View SEC filing
Reconciliation checks needing review
4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
cash flow reconciliationreview2025-12-31
Operating, investing and financing flows differ from the reported change in cash by 14605000, beyond tolerance 6549950.00.
cash flow reconciliationreview2023-03-31
Operating, investing and financing flows differ from the reported change in cash by 25938000, beyond tolerance 23801330.00.
cash flow reconciliationreview2022-12-31
Operating, investing and financing flows differ from the reported change in cash by 13718000, beyond tolerance 5355450.00.