NASDAQ · MLCO
Melco Resorts & Entertainment Limited financials
$4.56−2.36%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.16B | $4.64B | $3.78B | $1.35B | $2.01B | $1.73B | $5.74B | $5.19B | $5.28B |
| Gross profit | $1.94B | $1.68B | $1.41B | $286.5M | $494.2M | $176.5M | $2.04B | $1.79B | $1.68B |
| Gross margin | 37.5% | 36.1% | 37.4% | 21.2% | 24.6% | 10.2% | 35.6% | 34.6% | 31.8% |
| Operating income | $600.4M | $484.6M | $65.0M | -$743.1M | -$577.5M | -$940.6M | $747.7M | $613.4M | $604.5M |
| Net income | $185.0M | $43.5M | -$326.9M | -$930.5M | -$811.8M | -$1.26B | $373.2M | $340.3M | $344.8M |
| Net margin | 3.6% | 0.9% | −8.7% | −68.9% | −40.3% | −73.1% | 6.5% | 6.6% | 6.5% |
| Diluted EPS | $0.15 | $0.03 | $-0.25 | $-0.67 | $-0.57 | $-0.88 | $0.26 | $0.22 | $0.23 |
| EBITDA | $1.18B | $1.04B | $836.8M | -$181.2M | $2.4M | -$322.0M | $1.40B | $1.18B | $1.15B |
| Operating cash flow | $818.1M | $626.7M | $622.7M | -$619.4M | -$268.8M | -$861.0M | $836.2M | $1.05B | $1.16B |
| Free cash flow | $495.0M | $364.7M | $365.7M | -$1.23B | -$940.6M | -$1.30B | $388.8M | $415.3M | $646.1M |
| Diluted shares | 1,201.9M | 1,299.4M | 1,314.6M | 1,391.2M | 1,434.1M | 1,432.1M | 1,443.4M | 1,516.4M | 1,496.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.02B | $1.15B | $1.31B | $1.81B | $1.65B | $1.76B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $6.93B | $7.36B | $7.70B | $8.65B | $6.96B | $6.00B |
| Total assets | $7.60B | $7.99B | $8.34B | $9.30B | $8.88B | $9.02B |
| Total liabilities | $8.50B | $8.93B | $9.18B | $9.62B | $8.06B | $7.18B |
| Shareholders' equity | -$903.6M | -$940.0M | -$840.0M | -$314.4M | $819.9M | $1.84B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology