FINHUB Insights

MGM · Q1 FY26 · Mar 31, 2026

MGM Resorts Q1 FY26: where the revenue came from and where it went

MGM Resorts Q1 FY26: revenue $4.5B (+4% year over year). Net profit $0.1B. Largest cohort Casino $2.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31, 2026
Reported
Apr 29, 2026 10-Q
Sankey diagram of MGM Resorts's income statement for Q1 FY26: revenue of $4.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.5B +4% year over year
Gross profit$3.1B 70% margin
Operating profit$0.3B 7% margin
Net profit$0.1B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 4.5 100% +4%
Casino 2.4 53% +6%
Occupancy 0.9 20% +1%
Food and Beverage 0.8 18% +5%
Entertainment Retail and Other 0.4 9% +3%
Cost of revenue−1.329%
Gross profit3.170% margin−1pp
SG&A−1.329%+2pp
Other−1.534%+0pp
Operating profit0.37% margin−2pp
Interest & other costs−0.2
Net profit0.13%−1pp
Filing on EDGAR More quarters of MGM

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.

Older quarters