Filing Flows › Monarch Casino & Resort (MCRI) › Q3 2026 › vs Q3 2025
Monarch Casino & Resort (MCRI) Q3 2026 vs Q3 2025 (year over year)
Monarch Casino & Resort's revenue rose $3.5M (+2%) from $143M in Q3 2025 to $146M in Q3 2026. The biggest changes: Casino +$2.7M (+3%); Food and beverage +$425K (+1%); Hotel +$193K (+0.9%). Gross margin 28.2% against 26.7% (+1.5 pts).
Monarch Casino & Resort, Q3 2026: revenue $146M (+2% year over year), operating margin 28.2%, net earnings $32.0M, operating cash flow $50.8M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 28.2% | 26.7% | +1.5 pts |
| Operating margin | 28.2% | 26.7% | +1.5 pts |
| Net margin | 21.9% | 22.1% | -0.2 pts |
| Free cash flow margin | 28.6% | 37.5% | -8.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Casino | $82.8M | $80.1M | $2.7M | +3% |
| Food and beverage | $34.3M | $33.8M | $425K | +1% |
| Hotel | $22.7M | $22.5M | $193K | +0.9% |
| Other | $6.5M | $6.3M | $127K | +2% |
| Revenue | $146M | $143M | $3.5M | +2% |
| Gross profit | $41.3M | $38.2M | $3.1M | +8% |
| Cost of revenue | $105M | $105M | $349K | +0.3% |
| Other income, net | $829K | $575K | $254K | +44% |
| Operating profit | $41.3M | $38.2M | $3.1M | +8% |
| Operating expenses | $0 | $0 | $0 | — |
| Pre-tax earnings | $42.1M | $38.7M | $3.4M | +9% |
| Net earnings | $32.0M | $31.6M | $429K | +1% |
| Income tax | $10.1M | $7.2M | $2.9M | +41% |
| Depreciation & amortization | $10.8M | $14.1M | −$3.2M | -23% |
| Share-based compensation | $2.6M | $2.1M | $546K | +26% |
| Working capital & other | $5.4M | $8.3M | −$3.0M | -36% |
| Operating cash flow | $50.8M | $56.0M | −$5.2M | -9% |
| Free cash flow (OCF − capex) | $41.9M | $53.5M | −$11.7M | -22% |
| Capital expenditures | $8.9M | $2.5M | $6.5M | +261% |
Questions
How much did Monarch Casino & Resort's revenue grow year over year in Q3 2026?
Monarch Casino & Resort's revenue rose $3.5M (+2%) from $143M in Q3 2025 to $146M in Q3 2026.
What drove Monarch Casino & Resort's revenue change in Q3 2026?
Casino +$2.7M (+3%); Food and beverage +$425K (+1%); Hotel +$193K (+0.9%).