MGMMGM Resorts

Consumer discretionary · Hotels · NYSE

MGM Resorts International is referred to as the “Company,” “MGM Resorts,” or the “Registrant,” and together with its subsidiaries may also be referred to as “we,” “us” or “our.” 10-K, Item 1

Headquarters: Las Vegas, NV
CEO: William Hornbuckle
Next results: around Feb 3, 2027

Compare with peers → Embed

RevenueFY2016–25 $17.5B+1.7% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $205.9M−72.4% FY2024: $746.6M 10-K FY2025 · XBRL Free cash flowFY2016–25 $1.5B+20.5% FY2024: $1.2B 10-K FY2025 · XBRL Operating marginFY2016–25 5.7%−2.9 pts 21.9% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Feb 11, 2026 against Feb 18, 2025

Area	What changed	Source
Risk factors	2 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	11 other checks clear	10-K · XBRL
Insiders	3 open-market buys in the last 90 days	Form 4
Filings	4 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 11, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-18. Quoted as filed.

Further, our systems are not fully redundant and our disaster recovery planning cannot account for all possible scenarios that we may encounter.
10-K, Item 1A

All 2 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +4.8% vs revenue +1.7% (+3.1 pts)
✓
Cash from operations $2.5B vs net income $205.9M (FY ending 2025-12-31)
✓
Inventory -11.4% vs revenue +1.7% (-13.1 pts)
✓
Same auditor in both 10-Ks: Deloitte & Touche LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
No longer listed: Goodwill - Empire City Reporting Unit
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nov 3, 2026Buy Meister Keith A. (Director) bought $51.7M open-market purchase on Oct 30, 2026
Oct 28, 20268-K Material agreement signed, Regulation FD disclosure 8-K items 1.01, 7.01
Oct 28, 20268-K Quarterly results 8-K item 2.02
Oct 28, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026

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