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MGM Resorts logoMGM Resorts MGM

The company said consolidated revenue for Q3 2026 was $4.2 billion, down 1% from the prior year quarter. Consolidated Adjusted EBITDA was $403 million (prior year quarter: $506 million). Net loss attributable to MGM Resorts International was $17 million (prior year quarter: $285 million).

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said consolidated revenue for Q3 2026 was $4.2 billion, down 1% from the prior year quarter. Consolidated Adjusted EBITDA was $403 million (prior year quarter: $506 million). Net loss attributable to MGM Resorts International was $17 million (prior year quarter: $285 million).

  2. MGM Resorts said Las Vegas Strip Resorts revenue for Q3 was $2.0 billion, down 2%. Segment Adjusted EBITDAR was $531 million (prior year quarter: $601 million), a decrease of 12%. Average daily rate (ADR) for the same quarter was $218, down 8% from $236 in the prior year quarter.

  3. The company said Regional Operations revenue for Q3 was $883 million, down 8%, while same-store revenue, adjusted for dispositions, rose 1%. MGM China revenue was $1.1 billion, up 5%, and its Segment Adjusted EBITDAR was $264 million, down 7%.

  4. MGM Resorts said diluted loss per share for Q3 was $0.07 (prior year quarter: $1.05), and Adjusted EPS was $(0.11) (prior year quarter: $0.24). Chief Financial Officer Jonathan Halkyard said the amended voting agreement provides a supportive framework for pursuing value-creating share repurchases.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q3 2026 Consolidated Results

The company said consolidated revenue for Q3 2026 was $4.2 billion, down 1% from the prior year quarter. Consolidated Adjusted EBITDA was $403 million (prior year quarter: $506 million). Net loss attributable to MGM Resorts International was $17 million (prior year quarter: $285 million).

Source · Based on the filing body and exhibits

Las Vegas Strip Resorts Segment Results

MGM Resorts said Las Vegas Strip Resorts revenue for Q3 was $2.0 billion, down 2%. Segment Adjusted EBITDAR was $531 million (prior year quarter: $601 million), a decrease of 12%. Average daily rate (ADR) for the same quarter was $218, down 8% from $236 in the prior year quarter.

Source · Based on the filing body and exhibits

Regional Operations and MGM China Results

The company said Regional Operations revenue for Q3 was $883 million, down 8%, while same-store revenue, adjusted for dispositions, rose 1%. MGM China revenue was $1.1 billion, up 5%, and its Segment Adjusted EBITDAR was $264 million, down 7%.

Source · Based on the filing body and exhibits

Loss per Share and Share Repurchase Commentary

MGM Resorts said diluted loss per share for Q3 was $0.07 (prior year quarter: $1.05), and Adjusted EPS was $(0.11) (prior year quarter: $0.24). Chief Financial Officer Jonathan Halkyard said the amended voting agreement provides a supportive framework for pursuing value-creating share repurchases.

Source · Based on the filing body and exhibits

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.