Melco Resorts & Entertainment Limited (MLCO) — Financial statements
Income statement, balance sheet, and cash flow for Melco Resorts & Entertainment Limited — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,163↑11.3% | 4,638↑22.9% | 3,775↑179.7% | 1,350↓32.9% | 2,012 | |
| Cost of Revenue | 3,267↑9.8% | 2,975↑14.8% | 2,591↑143.7% | 1,063↓30.1% | 1,522 | |
| Gross Profit | 1,897↑14.0% | 1,663↑40.4% | 1,184↑313.3% | 287↓41.5% | 490 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 5↑352.0% | 1 | 0.00↓100.0% | 31 | |
| General & Administrative Expenses | 657↑15.6% | 569↑16.5% | 488↑15.3% | 423↓0.7% | 426 | |
| Selling & Marketing Expenses | 95 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 753↑32.4% | 569↑16.5% | 488↑15.3% | 423↓0.7% | 426 | |
| Other Expenses | 544↓10.1% | 604↓4.1% | 630↑3.9% | 606↓0.7% | 610 | |
| Operating Expenses | 1,296↑10.0% | 1,178↑5.3% | 1,119↑8.7% | 1,030↓3.5% | 1,067 | |
| Total Costs & Expenses | 4,563↑9.9% | 4,154↑11.9% | 3,710↑77.3% | 2,093↓19.2% | 2,590 | |
| Operating Results | ||||||
| Operating Income | 600↑23.9% | 485↑646.1% | 65↑108.7% | -743↓28.7% | -577 | |
| Depreciation & Amortization | 542↑0.0% | 542↓0.3% | 543↑4.1% | 522↓10.0% | 580 | |
| EBITDA | 1,142↑11.7% | 1,022↑25.2% | 816↑475.0% | -218↓838.3% | -23 | |
| EBIT | 600↑25.0% | 480↑76.2% | 273↑136.9% | -740↓22.6% | -603 | |
| Interest & Other Income | ||||||
| Net Interest Income | -464↑1.4% | -471↑0.5% | -473↓32.7% | -357↓0.5% | -355 | |
| Interest Income | 9↓46.1% | 16↓32.3% | 23↓11.9% | 26↑299.8% | 7 | |
| Interest Expense | 473↓2.8% | 487↓2.0% | 497↑29.7% | 383↑6.0% | 362 | |
| Non-Operating Income | 0.00↓100.0% | 4↑102.0% | -208↓5674.9% | -4↓114.1% | 26 | |
| Other Income / Expenses | -452↑7.9% | -491↓5.2% | -467↓33.8% | -349↑7.3% | -376 | |
| Income Before Tax | 148↑2435.6% | -6↑98.4% | -402↑63.2% | -1,092↓14.5% | -954 | |
| Income Tax Expense | 3↓86.9% | 22↑61.0% | 13↑156.3% | 5↑81.5% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 145↑620.2% | -28↑93.3% | -415↑62.1% | -1,097↓14.7% | -956 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 185↑325.0% | 44↑113.3% | -327↑64.9% | -931↓14.6% | -812 | |
| Bottom-Line Net Income | 185↑325.0% | 44↑113.3% | -327↑64.9% | -931↓14.6% | -812 | |
| EPS (Basic) | 0.45↑350.0% | 0.10↑113.3% | -0.75↑68.4% | -2.37↓17.9% | -2.01 | |
| EPS (Diluted) | 0.45↑350.0% | 0.10↑113.3% | -0.75↑68.4% | -2.37↓17.9% | -2.01 | |
| Weighted Average Shares | 401↓7.3% | 432↓1.4% | 438↓5.5% | 464↓3.0% | 478 | |
| Weighted Average Diluted Shares | 401↓7.5% | 433↓1.2% | 438↓5.5% | 464↓3.0% | 478 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.