Filing Flows › Monarch Casino & Resort (MCRI) › Q2 2026 › vs Q2 2025
Monarch Casino & Resort (MCRI) Q2 2026 vs Q2 2025 (year over year)
Monarch Casino & Resort's revenue rose $5.7M (+4%) from $137M in Q2 2025 to $143M in Q2 2026. The biggest changes: Hotel +$2.5M (+13%); Casino +$2.0M (+2%); Food and beverage +$988K (+3%). Gross margin 27.1% against 25.5% (+1.6 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 27.1% | 25.5% | +1.6 pts |
| Operating margin | 27.1% | 25.5% | +1.6 pts |
| Net margin | 22.8% | 19.7% | +3.1 pts |
| Free cash flow margin | 17.9% | 19.0% | -1.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Casino | $81.5M | $79.6M | $2.0M | +2% |
| Food and beverage | $33.2M | $32.2M | $988K | +3% |
| Hotel | $21.6M | $19.1M | $2.5M | +13% |
| Other | $6.3M | $6.0M | $269K | +4% |
| Revenue | $143M | $137M | $5.7M | +4% |
| Gross profit | $38.6M | $34.9M | $3.7M | +11% |
| Cost of revenue | $104M | $102M | $2.0M | +2% |
| Other income, net | $742K | $392K | $350K | +89% |
| Operating profit | $38.6M | $34.9M | $3.7M | +11% |
| Operating expenses | $0 | $0 | $0 | — |
| Pre-tax earnings | $39.4M | $35.3M | $4.1M | +12% |
| Net earnings | $32.5M | $27.0M | $5.5M | +20% |
| Income tax | $6.8M | $8.3M | −$1.4M | -17% |
| Depreciation & amortization | $10.7M | $13.6M | −$2.9M | -21% |
| Share-based compensation | $2.1M | $1.9M | $246K | +13% |
| Working capital & other | $14.6M | $8.3M | $6.2M | +75% |
| Operating cash flow | $30.7M | $34.1M | −$3.4M | -10% |
| Free cash flow (OCF − capex) | $25.6M | $26.0M | −$444K | -2% |
| Capital expenditures | $5.2M | $8.1M | −$3.0M | -36% |
Questions
How much did Monarch Casino & Resort's revenue grow year over year in Q2 2026?
Monarch Casino & Resort's revenue rose $5.7M (+4%) from $137M in Q2 2025 to $143M in Q2 2026.
What drove Monarch Casino & Resort's revenue change in Q2 2026?
Hotel +$2.5M (+13%); Casino +$2.0M (+2%); Food and beverage +$988K (+3%).