Filing Flows › Monarch Casino & Resort (MCRI) › Q2 2026
Monarch Casino & Resort (MCRI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
Monarch Casino & Resort (MCRI) reported revenue of $143M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +4% from the quarter before. Operating margin was 27.1%, net earnings $32.5M (22.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $143M | +4% | +4% |
| Gross profit | $38.6M | +11% | +11% |
| Operating profit | $38.6M | +11% | +11% |
| Net earnings | $32.5M | +18% | +20% |
| Operating cash flow | $30.7M | -37% | -10% |
| Free cash flow | $25.6M | -40% | -2% |
What changed
Revenue was $142.6M in Q2 2026, up 4% year over year and up 4% from the previous quarter. Casino was the largest line at 57% of revenue. Hotel added $2.5M year over year (up 13%), 44% of the total change.
Gross margin was 27.1%, up 1.6 points from Q2 2025. Operating profit was $38.6M, a 27.1% margin (up 1.6 points year over year). Of the extra revenue versus Q2 2025, 66% reached operating profit, above the 25% margin then. Net earnings were $32.5M, up 20% year over year. The effective tax rate was 17.4%.
Operating cash flow was $30.7M (down 10% year over year), 94% of net earnings. Non-cash charges added back $10.7M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $14.6M. Capital expenditures of $5.2M left free cash flow of $25.6M.
Questions
What was Monarch Casino & Resort's revenue in the second quarter 2026?
Monarch Casino & Resort (MCRI) reported revenue of $143M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +4% from the quarter before.
Was Monarch Casino & Resort profitable in the second quarter 2026?
Operating profit was $38.6M (27.1% of revenue) and net earnings $32.5M.