# Mgm Resorts International (MGM) — Earnings

MGM · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/mgm/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.59 |
| EPS estimate | $0.56 |
| EPS surprise | +5.60% |
| Revenue surprise | +0.79% |
| Revenue | $4.5B |
| Revenue estimate | $4.4B |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/789570/000078957026000076/mgm-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/def108f9-53cb-5421-3066-51c67b79c958.html) |

MGM Resorts reported Q2 2026 results on July 29, 2026. Earnings per share came in at $0.59, ahead of the $0.56 estimate by 5.60%. Revenue was $4.5 billion, above the $4.4 billion consensus. Compared with Q2 2025, EPS fell about 25% from $0.79, while revenue rose about 2% from $4.4 billion.

Quarterly revenue grew from $2.7 billion in Q3 2021 to a high of $4.6 billion in Q4 2025. EPS swung more. MGM posted losses of $1.39 per share in Q3 2022 and $1.53 in Q4 2022, for a full-year 2022 loss of $2.88. Annual EPS was $2.73 in 2023, $2.59 in 2024 and $3.32 in 2025. Q4 2025 was the high in the table at $1.60. The first half of 2026 adds up to $1.08, about 27% below the same period a year earlier. MGM beat the EPS estimate in 14 of the last 20 quarters.

MGM reported Q3 between October 29 and November 8 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether revenue stays near $4.5 billion and how EPS compares with Q3 2025's $0.24.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $0.56 | $0.59 | 5.60% | $4.4B | $4.5B |
| Q1 2026 | Apr 29, 2026 | $0.50 | $0.49 | -1.29% | $4.4B | $4.5B |
| Q4 2025 | Feb 4, 2026 | $0.60 | $1.60 | 165.52% | $4.4B | $4.6B |
| Q3 2025 | Oct 29, 2025 | $0.38 | $0.24 | -36.41% | $4.2B | $4.3B |
| Q2 2025 | Jul 30, 2025 | $0.58 | $0.79 | 35.90% | $4.3B | $4.4B |
| Q1 2025 | Apr 30, 2025 | $0.47 | $0.69 | 46.75% | $4.3B | $4.3B |
| Q4 2024 | Feb 12, 2025 | $0.32 | $0.45 | 40.14% | $4.3B | $4.3B |
| Q3 2024 | Oct 30, 2024 | $0.55 | $0.54 | -2.60% | $4.2B | $4.2B |
| Q2 2024 | Jul 31, 2024 | $0.60 | $0.86 | 42.57% | $4.2B | $4.3B |
| Q1 2024 | May 1, 2024 | $0.56 | $0.74 | 31.42% | $4.2B | $4.4B |
| Q4 2023 | Feb 13, 2024 | $0.71 | $1.06 | 49.09% | $4.1B | $4.4B |
| Q3 2023 | Nov 8, 2023 | $0.52 | $0.64 | 22.65% | $3.9B | $4.0B |
| Q2 2023 | Aug 2, 2023 | $0.56 | $0.59 | 5.83% | $3.8B | $3.9B |
| Q1 2023 | May 1, 2023 | $0.06 | $0.44 | 583.23% | $3.6B | $3.9B |
| Q4 2022 | Feb 8, 2023 | −$1.45 | −$1.53 | -5.58% | $3.4B | $3.6B |
| Q3 2022 | Nov 2, 2022 | $0.26 | −$1.39 | -640.44% | $3.2B | $3.4B |
| Q2 2022 | Aug 3, 2022 | $0.24 | $0.03 | -87.61% | $3.0B | $3.3B |
| Q1 2022 | May 2, 2022 | −$0.06 | $0.01 | 115.75% | $2.8B | $2.9B |
| Q4 2021 | Feb 9, 2022 | $0.01 | $0.12 | 1933.90% | $2.8B | $3.1B |
| Q3 2021 | Nov 3, 2021 | −$0.04 | $0.03 | 169.93% | $2.4B | $2.7B |

## Frequently Asked Questions

### When did Mgm Resorts International (MGM) last report earnings?

Mgm Resorts International last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did MGM beat earnings estimates?

Yes. Mgm Resorts International reported EPS of $0.59 for Q2 2026 against a $0.56 estimate — a 5.60% beat.

### How much revenue did MGM report last quarter?

Mgm Resorts International reported $4.5B in revenue for Q2 2026, against a consensus estimate of $4.4B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
