FN2 Earnings Intelligence
MGM revenue earnings history
MGM Resorts International (MGM) quarterly reported and estimated revenue history by fiscal quarter.
Earnings History
MGM Resorts International
MGM's Q2 analysis supports a constructive operating trajectory: strong Las Vegas and regional-property performance, 20% MGM Digital revenue growth, Macau momentum and ongoing buybacks indicate several active growth and capital-return levers. The thesis remains dependent on sustained demand, disciplined investment and progress toward digital profitability.
MGM Resorts International
MGM Resorts' fiscal Q1 2026 results tell a story of operational recovery and digital acceleration, tempered by a one-time expense headwind. Las Vegas returned to year-over-year revenue growth, fueled by record convention ADRs and a new all-inclusive bundle that attracted many first-time visitors. The digital segment grew revenue 43%, with BetMGM nearing $2 billion in annual revenue and LeoVegas expanding in Europe. MGM China posted a 9% revenue increase with Macau suite renovations complete. Against these gains, sharply higher self-insurance costs from litigation created a one-time EBITDA hit. Revenue beat consensus by nearly 2% while EPS narrowly missed by about 1.3%. The stock initially dipped post-report but subsequently drifted roughly 12% higher, suggesting the market looked past the expense spike to the underlying operational momentum. Management tone was confident with a…
MGM Resorts International
The call supports a constructive but conditional view: Macau momentum, BetMGM's recovery, convention demand, and completed renovations provide operating support, while Las Vegas leisure softness, renovation disruption, regulatory uncertainty, and competition limit confidence in a broad-based improvement.
MGM Resorts International
MGM's Q3 narrative was mixed: Las Vegas remained under pressure, but record Macau EBITDAR, cash-generative BetMGM operations and capital discipline support management's longer-term growth outlook. The key test is whether group and convention demand can stabilize Las Vegas while planned investments remain disciplined.
MGM Resorts International
The latest call supports a measured version of the growth thesis: portfolio diversification, BetMGM expansion and Macau strength are helping offset Las Vegas softness. The case still depends on execution across the MGM Grand remodel and capital-intensive international projects.
MGM Resorts International
The supplied analysis supports a constructive operating narrative: BetMGM improved, Las Vegas luxury demand remained resilient and international projects expanded the growth pipeline. The case is balanced by rising capex, regulatory uncertainty and execution risk; reported actuals and prior-quarter analysis were not available for a fuller comparison.
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