The financials
Monarch Casino & Resort, Inc. by the numbers
Monarch Casino & Resort, Inc. (MCRI) reported revenue of $137M in Q1 2026 (quarter ended March 31, 2026), up 8.9% from the same quarter a year earlier. That came with a gross margin of 26% and net income of $28M (20% of revenue). For the full year FY2025, revenue was $545M (+4.4% year on year) and net income $101M. Its largest product in 2026-Q1 was Casino at $80M, 58% of the disclosed total, just ahead of Food And Beverage at 23%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $137M | $125M | +8.9% |
| Gross profit | $35M | $25M | +38% |
| Operating income | $35M | $25M | +38% |
| Net income | $28M | $20M | +39% |
| Diluted EPS | $1.52 | $1.05 | +45% |
| Product | Revenue | Share |
|---|---|---|
| Casino | $80M | 58% |
| Food And Beverage | $32M | 23% |
| Occupancy | $19M | 14% |
| Hotel Other | $6.1M | 4.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $136.6M (-4.4%)
Occupancy grew +13% year on yearFood And Beverage +5.6% year on year
Segment Latestquarter on quarteryear on year
- Casino$79.7M$79.7MQoQ -0.48%year on year +9.4%-0.48%+9.4%
- Food And Beverage$31.7M$31.7MQoQ -6.3%year on year +5.6%-6.3%+5.6%
- Occupancy$19.0M$19.0MQoQ -16%year on year +13%-16%+13%
- Hotel Other$6.1M$6.1MQoQ -3.2%year on year +6.6%-3.2%+6.6%