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MGM Resorts Q2 FY25: where the revenue came from and where it went

The whole income statement of MGM Resorts for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 30, 2025 10-Q accession 0000789570-25-000033

Revenue$4.41B +2% year over year
Gross profit$1.62B 37% margin
Operating profit$0.41B 9% margin
Net profit$0.05B 1% margin
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The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 4.41 100% +2%
Casino 2.33 53% +5%
Occupancy 0.86 19% −4%
Food & beverage 0.78 18% −3%
Entertainment retail 0.44 10% +6%
Cost of revenue−2.7963%
Gross profit1.6237% margin−1pp
SG&A−1.2128%+0pp
Operating profit0.419% margin−1pp
Interest & other costs−0.36
Net profit0.05 1% margin−3pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Filing on EDGAR More quarters of MGM

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