Monarch Casino & Resort (MCRI) Financial Statements & Analysis

Monarch Casino & Resort (MCRI) Income Statement

Monarch Casino & Resort reported revenue of $545.13M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 4.4% from $522.19M a year earlier. Net income was $101.39M, up 39.3% year over year, a net margin of 18.6%. Gross margin was 55.0% and operating margin 23.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $142.60M, up 4.2% from the same quarter a year earlier.

Monarch Casino & Resort Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Monarch Casino & Resort, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	545.13	522.19	501.48	477.87	395.38	184.41	249.17	240.32	230.73
Cost of Revenue	174.67	241.37	232.30	218.28	177.72	84.71	122.29	117.06	112.21
Gross Profit	300.05	280.82	269.18	259.59	217.66	99.70	126.87	123.26	118.52
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	109.38	108.29	105.82	97.60	84.43	60.40	69.31	65.80	62.72
Operating Expenses	172.56	188.31	159.02	148.15	127.78	84.43	87.30	80.42	77.85
Operating Income	127.50	92.50	110.15	111.44	89.88	15.27	39.58	42.83	40.67
Other Income/Expense
Interest Income	1.94	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	1.94	0.10	1.63	2.42	4.51	0.27	0.00	0.18	0.97
Other Income/Expense	1.94	-0.10	-1.63	-2.42	-4.51	-0.27	0.00	-0.18	-0.97
Income
Income Before Tax	129.43	92.40	108.53	109.02	85.37	15.00	39.58	42.65	39.70
Income Tax Expense	28.04	19.63	26.08	21.54	16.88	-8.68	7.76	8.55	14.16
Net Income	101.39	72.77	82.45	87.48	68.49	23.68	31.82	34.10	25.54
Net Income - Continuous Operations	101.39	72.77	82.45	87.48	68.49	23.68	31.82	34.10	25.54
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	190.72	143.86	157.45	154.88	128.31	32.60	54.45	57.44	55.80
EBIT	136.70	92.50	110.15	111.44	89.88	-	-	-	-
Depreciation & Amortization	54.46	51.36	47.29	43.43	38.43	17.32	14.88	14.62	15.13
Earnings Per Share
Basic EPS	6.00	5.00	4.00	5.00	4.00	1.00	2.00	2.00	1.00
Diluted EPS	5.00	5.00	4.00	4.00	4.00	1.00	2.00	2.00	1.00
Basic Shares Outstanding	18.28	18.61	19.24	19.00	18.62	18.22	18.03	17.85	17.59
Diluted Shares Outstanding	18.66	18.97	19.62	19.58	19.43	18.88	18.68	18.57	18.37

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Monarch Casino & Resort Financial Statements

What was Monarch Casino & Resort's revenue in fiscal 2025?

Monarch Casino & Resort reported revenue of $545.13M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 4.4% from $522.19M a year earlier.

Is Monarch Casino & Resort profitable?

Yes. Monarch Casino & Resort earned net income of $101.39M in fiscal 2025, a net margin of 18.6%. In fiscal 2024 it earned $72.77M.

What is Monarch Casino & Resort's operating margin?

Monarch Casino & Resort's operating income was $127.50M on revenue of $545.13M in fiscal 2025, an operating margin of 23.4%, compared with 17.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition