"In the quarter ended December 31, 2025, MGM Resorts posted consolidated net revenues of $4.6 billion, up 6 % from the prior year, and net income attributable to the company of $294 million, an 87 % increase compared to the same quarter in 2024. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) reached $635 million, a 20 % year-over-year rise. Diluted earnings per share for the quarter were $1.11, while adjusted earnings per share climbed to $1.60."
""MGM Resorts once again saw the benefit of a diversified operational strategy, delivering Consolidated Adjusted EBITDA growth of 20 % in the fourth quarter despite headwinds in Las Vegas," said Bill Hornbuckle, president and CEO of MGM Resorts International, in the company's press release."
"MGM's Las Vegas Strip resort operations generated $2.2 billion in quarterly revenues, a 3 % decline from the prior year. However, regional operations saw a modest 2 % increase in net revenues to $950 million. MGM China reported significant growth with $1.2 billion in net revenues, a 21 % increase, and segment adjusted EBITDAR up 30 %."
MGM Resorts reported stronger fourth-quarter results with consolidated net revenues of $4.6 billion (up 6%), net income of $294 million (up 87%), and adjusted EBITDA of $635 million (up 20%). Quarterly diluted EPS was $1.11 and adjusted EPS rose to $1.60. For full-year 2025, consolidated net revenues increased to $17.5 billion (up 2%) and consolidated adjusted EBITDA reached $2.4 billion (up 1%), while adjusted EPS climbed to $3.31. Las Vegas Strip revenues declined 3% to $2.2 billion, regional operations grew 2% to $950 million, and MGM China reported 21% revenue growth with a 30% rise in segment adjusted EBITDAR.
Read at ReadWrite
Unable to calculate read time
Collection
[
|
...
]