MGM Resorts International

MGM 10-K · FY 2025
API behind this page

MGM FY 2025 request

Playground key active
Request URL /api/financials?ticker=MGM&year=2025&quarter=4&full_year_mode=true
waiting 0 ms 
Pick an endpoint and run the request.
curl

Income Statement

JSON CSV Excel
Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 17,537,683 17,240,545 +1.7%
Show Product Lines breakouts
Casino 9,450,887 8,785,649 +7.6%
Casino · Las Vegas Strip Resorts 2,013,701 1,960,146 +2.7%
Casino · MGM China 3,909,643 3,496,697 +11.8%
Casino · MGM Digital 654,190 552,012 +18.5%
Casino · Regional Operations 2,772,734 2,737,778 +1.3%
Entertainment, retail and other 1,663,431 1,694,548 -1.8%
Entertainment, retail and other · Las Vegas Strip Resorts 1,286,466 1,339,752 -4.0%
Entertainment, retail and other · MGM China 39,579 42,006 -5.8%
Entertainment, retail and other · Regional Operations 230,091 222,093 +3.6%
Food And Beverage 3,045,965 3,078,731 -1.1%
Food And Beverage · Las Vegas Strip Resorts 2,260,651 2,356,718 -4.1%
Food And Beverage · MGM China 323,764 265,883 +21.8%
Food And Beverage · Regional Operations 461,549 456,129 +1.2%
Occupancy 3,377,400 3,681,617 -8.3%
Occupancy · Las Vegas Strip Resorts 2,880,685 3,159,497 -8.8%
Occupancy · MGM China 188,757 217,798 -13.3%
Occupancy · Regional Operations 307,959 304,322 +1.2%
Show Business Segments breakouts
Las Vegas Strip Resorts · Operating Segments 8,441,503 8,816,113 -4.2%
MGM China · Operating Segments 4,461,743 4,022,384 +10.9%
Regional Operations · Operating Segments 3,772,333 3,720,322 +1.4%
Show Geography breakouts
CN 4,464,095 4,020,420 +11.0%
Other 661,963 555,228 +19.2%
US 12,411,625 12,664,897 -2.0%
Show Consolidation Items breakouts
Corporate and other 207,914 129,714 +60.3%
Operating Segments 17,329,769 17,110,831 +1.3%
Cost of Revenue (FY) — — —
Show Product Lines breakouts
Casino 5,340,097 4,958,020 +7.7%
Entertainment, retail and other 1,043,960 1,063,382 -1.8%
Food And Beverage 2,262,434 2,253,031 +0.4%
Occupancy 1,101,061 1,119,108 -1.6%
Show Business Segments breakouts
Las Vegas Strip Resorts · Operating Segments 515,998 536,807 -3.9%
MGM China · Operating Segments 116,260 96,516 +20.5%
Regional Operations · Operating Segments 161,998 166,872 -2.9%
Selling, General & Administrative 4,877,538 4,825,313 +1.1%
Corporate Income Expense 556,952 520,197 +7.1%
Preopening And Start Up Income Expense 1,086 7,972 -86.4%
Property Transactions Net 126,036 81,316 +55.0%
Goodwill Impairment Loss 278,927 — —
Show Business Segments breakouts
MGM Digital · Operating Segments 22,794 — —
Regional Operations · Operating Segments 256,133 — —
Depreciation And Amortization 1,017,794 831,097 +22.5%
Total Costs & Expenses 16,605,885 15,659,436 +6.0%
Show Business Segments breakouts
Las Vegas Strip Resorts · Operating Segments 5,583,630 5,709,570 -2.2%
MGM China · Operating Segments 3,258,549 2,935,258 +11.0%
MGM Digital 744,497 629,239 +18.3%
Regional Operations · Operating Segments 2,609,106 2,576,766 +1.3%
Income Loss From Unconsolidated Affiliates 69,982 -90,653 +177.2%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
BetMGM North America Venture 59,634 -110,079 +154.2%
Other 10,348 19,426 -46.7%
Operating Income 1,001,780 1,490,456 -32.8%
Interest Expense -419,042 -443,230 +5.5%
Non Operating Expense Income From Unconsolidated Affiliates 1,135 -734 +254.6%
Other Non-Operating Income (Expense) -303,094 70,573 -529.5%
Non-Operating Income (Expense) -721,001 -373,391 -93.1%
Income Before Taxes 280,779 1,117,065 -74.9%
Income Tax Expense (Benefit) 240,093 -52,457 +557.7%
Net Income 520,872 1,064,608 -51.1%
Net Income Loss Attributable To Noncontrolling Interest -315,010 -318,050 +1.0%
Net Income 205,862 746,558 -72.4%
EPS (Basic) 0.77 2.42 -68.2%
EPS (Diluted) 0.76 2.4 -68.3%
Wtd Avg Shares (Basic) 275,046 307,408 -10.5%
Wtd Avg Shares (Diluted) 277,275 310,232 -10.6%
Comprehensive Income 587,576 541,446 +8.5%
Net Income Loss Available To Common Stockholders Basic 211,090 743,652 -71.6%
Labor And Related Expense (FY) — — —
Show Business Segments breakouts
Las Vegas Strip Resorts · Operating Segments 2,623,256 2,635,565 -0.5%
MGM China · Operating Segments 633,050 565,858 +11.9%
MGM Digital · Operating Segments 128,715 87,579 +47.0%
Regional Operations · Operating Segments 935,699 922,924 +1.4%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 2,062,994 2,415,532 -14.6%
Accounts Receivable 1,122,940 1,071,412 +4.8%
Inventory 124,535 140,559 -11.4%
Income Taxes Receivable 220,154 257,514 -14.5%
Prepaid Expenses & Other Current Assets 486,419 478,582 +1.6%
Assets Of Disposal Group Including Discontinued Operation Current 315,382 — —
Total Current Assets 4,332,424 4,363,599 -0.7%
Non-Current Assets
Goodwill 4,901,960 5,145,004 -4.7%
Show Business Segments breakouts
Las Vegas Strip Resorts · Operating Segments 2,707,009 2,707,009 0.0%
MGM China · Operating Segments 1,354,115 1,356,625 -0.2%
MGM Digital · Operating Segments 453,944 420,430 +8.0%
Regional Operations · Operating Segments 386,892 660,940 -41.5%
Operating Lease Right-of-Use Assets 23,002,707 23,532,287 -2.3%
Show Lease Contractual Term breakouts
Bellagio [Member] 3.3 3.4 -2.9%
Deferred Tax Assets 89,792 39,591 +126.8%
Other Non-Current Assets 848,547 858,980 -1.2%
Total Assets 41,373,786 42,231,627 -2.0%
Intangible Assets 658,170 583,917 +12.7%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Lists 109,108 145,885 -25.2%
Gaming rights 223,788 246,097 -9.1%
Technology and other 325,274 191,935 +69.5%
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 6,305,614 6,196,159 +1.8%
Investments In Affiliates Subsidiaries Associates And Joint Ventures 536,066 380,626 +40.8%
Intangible Assets Net Excluding Goodwill 1,356,676 1,715,381 -20.9%
Current Liabilities
Accounts Payable 421,502 412,662 +2.1%
Interest Payable Current 71,845 69,916 +2.8%
Other Liabilities Current 2,993,179 2,869,105 +4.3%
Liabilities Of Disposal Group Including Discontinued Operation Current 25,581 — —
Total Current Liabilities 3,512,107 3,351,683 +4.8%
Deferred Revenue (Current) (Q) — — —
Show Product Lines breakouts
Advance deposits and ticket sales 287,243 271,474 +5.8%
Casino front money 334,159 324,956 +2.8%
Customer Advances and Other 860,126 825,236 +4.2%
Loyalty Program 216,579 215,005 +0.7%
Outstanding Chip Liability 204,020 215,710 -5.4%
Unpaid wagers and other 238,724 228,806 +4.3%
Non-Current Liabilities
Deferred Tax Liabilities 2,617,067 2,811,663 -6.9%
Long-Term Debt 6,230,141 6,362,098 -2.1%
Operating Lease Liabilities 24,962,742 25,076,139 -0.5%
Show Lease Contractual Term breakouts
Bellagio [Member] 3.8 3.8 0.0%
Other Non-Current Liabilities 775,411 910,088 -14.8%
Total Liabilities 38,097,468 38,511,671 -1.1%
Long-Term Debt 6,230,141 6,362,098 -2.1%
Other Liabilities
Redeemable Noncontrolling Interest Equity Carrying Amount 21,777 34,805 -37.4%
Stockholders' Equity
Common Stock 2,583 2,944 -12.3%
Retained Earnings 2,106,836 3,081,753 -31.6%
Accumulated Other Comprehensive Income 320,498 -61,216 +623.6%
Total Stockholders' Equity 2,429,917 3,023,481 -19.6%
Minority Interest 824,624 661,670 +24.6%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 3,254,541 3,685,151 -11.7%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 320,498 -61,216 +623.6%
Common Stock 2,583 2,944 -12.3%
Noncontrolling Interest 824,624 661,670 +24.6%
Parent 2,429,917 3,023,481 -19.6%
Retained Earnings 2,106,836 3,081,753 -31.6%
Total Liabilities & Equity 41,373,786 42,231,627 -2.0%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Amortization Of Financing Costs And Discounts 26,679 27,227 -2.0%
Provision For Doubtful Accounts 61,127 61,089 +0.1%
Stock-Based Compensation 90,471 80,224 +12.8%
Foreign Currency Transaction Gain Loss Before Tax 288,002 -128,588 +324.0%
Noncash Lease Expense 509,098 515,403 -1.2%
Gain Loss On Investments 22,421 32,237 -30.4%
Income Loss From Equity Method Investments -71,117 91,387 -177.8%
Equity Method Investment Dividends Or Distributions 17,153 21,929 -21.8%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
BetMGM North America Venture 135 — —
Deferred Income Taxes -245,564 -85,116 -188.5%
Change in Accounts Receivable -90,115 -157,662 +42.8%
Change in Inventory 15,679 1,275 +1129.7%
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable 47,645 -132,842 +135.9%
Change in Prepaid & Other Assets 4,453 35,062 -87.3%
Increase Decrease In Accounts Payable And Accrued Liabilities -82,374 -107,395 +23.3%
Other Operating Activities Cash Flow Statement -7,809 124,157 -106.3%
Net Cash from Operations 2,529,378 2,362,495 +7.1%
Investing Activities
Capital Expenditures -1,068,927 -1,150,589 +7.1%
Proceeds From Sale Of Property Plant And Equipment 7,113 13,179 -46.0%
Payments To Acquire Equity Method Investments -237,759 -182,078 -30.6%
Show Geography breakouts
JP · MGM Osaka -35.3 -25.2 -40.1%
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital 207,272 2,324 +8818.8%
Other Investing Activities -48,488 147,883 -132.8%
Net Cash from Investing -1,140,789 -1,283,163 +11.1%
Financing Activities
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less 6,607 104,416 -93.7%
Proceeds From Issuance Of Long Term Debt 353,778 2,100,000 -83.2%
Repayments Of Long Term Debt -500,000 -2,175,000 +77.0%
Debt Issuance Costs -40,839 -38,318 -6.6%
Payments Of Dividends Minority Interest -169,235 -188,567 +10.3%
Share Repurchases -1,228,272 -1,357,890 +9.5%
Proceeds From Payments For Other Financing Activities -153,133 -8,922 -1616.4%
Net Cash from Financing -1,731,094 -1,564,281 -10.7%
Supplemental
Interest Paid 389,128 406,260 -4.2%
Income Taxes Paid -34,619 267 -13065.9%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 4,410 -26,883 +116.4%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Classified As Assets Held For Sale Period Increase Decrease -14,605 — —
Net Change in Cash -352,700 -511,832 +31.1%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 2,150,364 2,503,064 -14.1%

Values in thousands USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key