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AI brief of an SEC Form 8-K · MGM Resorts (MGM)

MGM Resorts Q2 revenue rises 1% to $4.5 billion; adjusted EPS falls to $0.59

Mixed Impact 3 of 5 earnings Written later

MGM Resorts reported second quarter 2026 results, with consolidated revenue of $4.5 billion, up 1% from the prior year quarter. Net income attributable to MGM Resorts rose to $292 million and diluted EPS to $1.11, but these gains were driven largely by a $287 million net gain from property transactions, while adjusted EPS fell to $0.59 from $0.79 and Consolidated Adjusted EBITDA fell to $610 million from $648 million.

Key points

  • Consolidated revenue of $4.5 billion, up 1%; net income attributable to MGM Resorts of $292 million versus $49 million a year earlier
  • Adjusted EPS of $0.59 versus $0.79 a year earlier; diluted EPS of $1.11 versus $0.18
  • Consolidated Adjusted EBITDA of $610 million versus $648 million; a $111 million goodwill impairment was recorded in the quarter
  • Repurchased about 4 million shares for $164 million in the quarter; about $1.4 billion remained under the April 2025 repurchase plan as of June 30, 2026

The filing

CompanyMGM Resorts (MGM)
Form8-K, current report
Filed with the SECJul 29, 2026, 4:15 PM ET
Accession number0000789570-26-000075

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.