MGM Resorts International

Filing receipts

“25 March 31, 2026 December 31, 2025 Balance Sheet (In thousands) Current assets $ 2,917,738 $ 3,086,445 Intercompany debt due from non-guarantor subsidiaries 3,053,651 3,000,104 Other long-term assets 27,493,375 27,668,633 Other current liabilities 2,074,740 2,201,703 Intercompany debt due to non-guarantor subsidiaries 2,198,733 2,198,874 Other long-term liabilities 28,588,710 28,641,498 Three Months Ended March 31, 2026 Income Statement (In thousands) Net revenues $ 2,724,066 Operating income 169,779 Intercompany interest income 72,110 Intercompany interest expense (60,469) Income before income taxes 92,863 Net income 67,099 Net income attributable to MGM Resorts International 55,457 Liqui...”

“19 Consolidated operating income decreased 22% for the three months ended March 31, 2026 compared to the prior year quarter due primarily to an increase in gaming taxes incurred primarily at MGM China, a $46 million increase in self insurance expense due to an increase in reserves, the receipt of $8 million of business interruption insurance proceeds in the current year quarter compared to $49 million in the prior year quarter related to the September 2023 cybersecurity issue, and an increase in payroll related expenses, partially offset by the increase in net revenue, discussed below.”

“Other expense, net for the three months ended March 31, 2025 was primarily comprised of a foreign currency transaction loss of $101 million primarily related to USD denominated debt held by a foreign subsidiary, partially offset by a net gain related to derivatives of $40 million, a gain related to debt and equity investments of $35 million, and interest and dividend income of $15 million.”