Filing Flows › Monarch Casino & Resort (MCRI) › Q2 2026 › vs Q1 2026
Monarch Casino & Resort (MCRI) Q2 2026 vs Q1 2026 (quarter over quarter)
Monarch Casino & Resort's revenue rose $6.0M (+4%) from $137M in Q1 2026 to $143M in Q2 2026. The biggest changes: Hotel +$2.6M (+14%); Casino +$1.8M (+2%); Food and beverage +$1.5M (+5%). Gross margin 27.1% against 25.6% (+1.5 pts).
Monarch Casino & Resort, Q2 2026: revenue $143M (+4% year over year), operating margin 27.1%, net earnings $32.5M, operating cash flow $30.7M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 27.1% | 25.6% | +1.5 pts |
| Operating margin | 27.1% | 25.6% | +1.5 pts |
| Net margin | 22.8% | 20.2% | +2.6 pts |
| Free cash flow margin | 17.9% | 31.5% | -13.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Casino | $81.5M | $79.7M | $1.8M | +2% |
| Food and beverage | $33.2M | $31.7M | $1.5M | +5% |
| Hotel | $21.6M | $19.0M | $2.6M | +14% |
| Other | $6.3M | $6.1M | $146K | +2% |
| Revenue | $143M | $137M | $6.0M | +4% |
| Gross profit | $38.6M | $34.9M | $3.7M | +11% |
| Cost of revenue | $104M | $102M | $2.4M | +2% |
| Other income, net | $742K | $598K | $144K | +24% |
| Operating profit | $38.6M | $34.9M | $3.7M | +11% |
| Operating expenses | $0 | $0 | $0 | — |
| Pre-tax earnings | $39.4M | $35.5M | $3.8M | +11% |
| Net earnings | $32.5M | $27.6M | $4.9M | +18% |
| Income tax | $6.8M | $8.0M | −$1.1M | -14% |
| Depreciation & amortization | $10.7M | $10.5M | $197K | +2% |
| Share-based compensation | $2.1M | $2.0M | $168K | +9% |
| Working capital & other | $14.6M | −$8.5M | $23.1M | — |
| Operating cash flow | $30.7M | $48.5M | −$17.8M | -37% |
| Free cash flow (OCF − capex) | $25.6M | $43.0M | −$17.4M | -40% |
| Capital expenditures | $5.2M | $5.6M | −$398K | -7% |
Questions
How much did Monarch Casino & Resort's revenue grow quarter over quarter in Q2 2026?
Monarch Casino & Resort's revenue rose $6.0M (+4%) from $137M in Q1 2026 to $143M in Q2 2026.
What drove Monarch Casino & Resort's revenue change in Q2 2026?
Hotel +$2.6M (+14%); Casino +$1.8M (+2%); Food and beverage +$1.5M (+5%).