Similar companies
Did MGM Resorts Beat Earnings?
MGM Resorts (MGM) reported Q2 '26 revenue of $4.45B, up 1.0% year-over-year, with reported EPS of $0.59. That came in 6.3% below the $0.63 analyst estimate — an earnings miss.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — MGM Resorts’s job postings, web traffic, and employee business outlook. See the full MGM stock analysis or the earnings calendar for upcoming reports.
MGM Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q2 '26 | $0.63 | $0.59 | Missed -6.3% |
| Q1 '26 | $0.48 | $0.49 | Beat +2.1% |
| Q4 '25 | $0.55 | $1.60 | Beat +190.9% |
| Q3 '25 | $0.30 | $0.24 | Missed -20.0% |
| Q2 '25 | $0.55 | $0.79 | Beat +43.6% |
| Q1 '25 | $0.45 | $0.69 | Beat +53.3% |
MGM Resorts Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.18B | 4.35B | 4.28B | 4.4B | 4.25B | 4.61B | 4.45B | 4.45B |
| Gross margin | 44.7% | 44.9% | 45.8% | 44.5% | 43.4% | 44.0% | 44.7% | 44.5% |
| Operating margin | 7.5% | 6.7% | 9.0% | 9.2% | -2.7% | 7.1% | 6.8% | 11.3% |
| Net income | 185M | 157M | 149M | 49M | -285M | 294M | 125M | 292M |
| Net margin | 4.4% | 3.6% | 3.5% | 1.1% | -6.7% | 6.4% | 2.8% | 6.6% |
| EPS | $0.54 | $0.45 | $0.69 | $0.79 | $0.24 | $1.60 | $0.49 | $0.59 |
MGM Resorts Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, MGM Resorts’s quarterly revenue moved from $4.18B to $4.45B. Net margin expanded from 4.4% to 6.6%, against a 44.5% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. MGM Resorts has beaten Wall Street EPS estimates in 5 of its last 8 reported quarters.
When Is MGM Resorts’s Next Earnings Date?
MGM Resorts reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the MGM earnings calendar.
Frequently Asked Questions: MGM Resorts Earnings
MGM Resorts's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
MGM Resorts reported Q2 '26 EPS of $0.59 on revenue of $4.45B (+1.0% YoY). MGM Resorts missed estimates, reporting $0.59 vs. the $0.63 estimate.
MGM Resorts reported Q2 '26 revenue of $4.45B, up 1.0% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the MGM AI Score.
