MGM Resorts International annual operating expenses
2012
2022
2023
2024
2025
MGM Resorts International Operating Expenses Growth & History (MGM)
MGM Resorts International's operating expenses was $16.61B for fiscal 2025.
View full MGM Resorts International company overviewMGM Resorts International annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $16.61B | $10.43B | +168.85% |
| 2024 | 2024-12-31 | $6.18B | −$8.03B | −56.54% |
| 2023 | 2023-12-31 | $14.21B | $6.02B | +73.56% |
| 2022 | 2022-12-31 | $8.19B | — | — |
| 2012 | 2012-12-31 | $9.02B | — | — |
MGM Resorts International quarterly operating expenses
Q2.09
Q3.10
Q3.11
Q2.12
Q2.13
Q3.22
Q2.23
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.68B | $97.2M | +6.16% |
| Q1 2026 | 2026-03-31 | $4.16B | $284.4M | +7.33% |
| Q4 2025 | 2025-12-31 | $1.70B | — | — |
| Q3 2025 | 2025-09-30 | $1.63B | −$2.25B | −58.05% |
| Q2 2025 | 2025-06-30 | $1.58B | — | — |
| Q1 2025 | 2025-03-31 | $3.88B | — | — |
| Q3 2024 | 2024-09-30 | $3.88B | — | — |
| Q2 2023 | 2023-06-30 | $3.55B | — | — |
| Q3 2022 | 2022-09-30 | $4.44B | — | — |
| Q2 2013 | 2013-06-30 | $2.26B | $102.0M | +4.73% |
| Q2 2012 | 2012-06-30 | $2.15B | — | — |
| Q3 2011 | 2011-09-30 | $2.12B | $347.1M | +19.56% |
| Q3 2010 | 2010-09-30 | $1.77B | — | — |
| Q2 2009 | 2009-06-30 | $1.37B | — | — |
MGM Resorts International operating expenses trends
Between the periods ended 2012-12-31 and 2025-12-31, MGM Resorts International's operating expenses increased from $9.02B to $16.61B, a change of $7.58B. The latest reported quarter, Q2 2026, shows $1.68B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review MGM Resorts International source filings ↗