MGM Resorts FY26 Q2 net income rises to $292 million; revenue increases 1% to $4.5 billion year over year
MGM•Quarterly results
- MGM Resorts posted record consolidated revenue of USD 4.5 billion, up 1% year over year, while GAAP net income attributable to shareholders more than doubled to USD 292 million.
- GAAP diluted EPS rose to USD 1.11 from USD 0.18; non-GAAP adjusted diluted EPS fell to USD 0.59 from USD 0.79.
- Non-GAAP consolidated adjusted EBITDA slipped to USD 610 million from USD 648 million.
Segment performance
- Las Vegas Strip Resorts revenue increased 3% to USD 2.2 billion.
- Regional Operations revenue fell 4% to USD 924 million, though same-store revenue rose 3% to USD 904 million.
- MGM Digital revenue climbed 20% to USD 196 million; Segment Adjusted EBITDAR loss widened to USD 31 million from a USD 26 million loss.
