MGM Resorts said it reported consolidated net revenues of Q4 2025 of $4.6 billion, up 6% from the prior year, net income attributable to MGM Resorts of $294 million, and Consolidated Adjusted EBITDA of $635 million, up 20%.

1. 01

   MGM Resorts said it reported consolidated net revenues of Q4 2025 of $4.6 billion, up 6% from the prior year, net income attributable to MGM Resorts of $294 million, and Consolidated Adjusted EBITDA of $635 million, up 20%.

2. 02

   The company reported diluted earnings per share of $1.11 and Adjusted EPS of $1.60 for Q4. It said the current quarter included a non-cash income tax benefit of $277 million resulting from a decrease in the valuation allowance on foreign tax credit carryforwards.

3. 03

   MGM Resorts reported Las Vegas Strip Resorts net revenues of $2.2 billion for Q4, down 3%; MGM China net revenues of $1.2 billion, up 21%; and Segment Adjusted EBITDAR of $332 million, up 30%.

4. 04

   The company said it repurchased approximately 15 million shares of its common stock for $516 million in Q4 2025. It said the remaining availability under the April 2025 repurchase plan was $1.6 billion as of December 31, 2025, and that it received $135 million in distributions from the BetMGM North America Venture in Q4.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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