Monarch Casino & Resort Inc (MCRI) Financial Statements
Industry: Hotels & Motels
In fiscal 2025, Monarch Casino & Resort reported revenue of $545.1M, up 4.4% from $522.2M the year before. Net income was $101.4M (a 18.6% net margin), or $5.43 per diluted share. Gross margin was 23.4% and operating margin was 3.3%. Operating activities generated $164.7M of cash, leaving $128.4M of free cash flow. At fiscal year end, Monarch Casino & Resort held $712.8M in total assets against $175.2M in total liabilities.
Open the full interactive Monarch Casino & Resort financials → Quarterly statements, key ratios, valuation history and price charts.
Monarch Casino & Resort Key Stats
| Share Price | $115.84 |
|---|---|
| Market Cap | $2.12B |
| P/E Ratio | 21.3 |
| Revenue YoY Growth | +4.4% |
| 52-Week Range | $88.06 – $133.54 |
| Shares Outstanding | 17.9 million (basic, 2026 Q2) |
Monarch Casino & Resort Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $184.4M | $395.4M | $477.9M | $501.5M | $522.2M | $545.1M |
| Cost of Goods Sold | $169.1M | $305.5M | $366.4M | $391.3M | $429.7M | $417.6M |
| Gross Profit | $15.3M | $89.9M | $111.4M | $110.2M | $92.5M | $127.5M |
| Operating Income | -$45.1M | $5.5M | $13.8M | $4.3M | -$15.8M | $18.1M |
| Pre-Tax Income | $15.0M | $85.4M | $109.0M | $108.5M | $92.4M | $129.4M |
| Income Tax | -$8.7M | $16.9M | $21.5M | $26.1M | $19.6M | $28.0M |
| Net Income | $23.7M | $68.5M | $87.5M | $82.4M | $72.8M | $101.4M |
| Diluted EPS | $1.25 | $3.53 | $4.47 | $4.20 | $3.84 | $5.43 |
Monarch Casino & Resort Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $142.8M | $140.0M | $136.6M | $142.6M |
| Net Income | $31.6M | $22.9M | $27.6M | $32.5M |
| Diluted EPS | $1.69 | $1.23 | $1.52 | $1.78 |
Monarch Casino & Resort Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Current Assets | $73.2M | $84.1M | $89.4M | $75.0M | $90.4M | $129.3M |
| Total Assets | $671.9M | $690.5M | $692.9M | $680.9M | $691.6M | $712.8M |
| Current Liabilities | $109.4M | $141.2M | $117.7M | $123.4M | $146.5M | $150.2M |
| Total Long-Term Debt | $179.7M | $88.2M | — | $5.5M | — | — |
| Total Liabilities | $303.8M | $242.4M | $154.0M | $167.7M | $173.8M | $175.2M |
| Shareholders' Equity | $368.1M | $448.0M | $539.0M | $513.1M | $517.7M | $537.7M |
Monarch Casino & Resort Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $31.4M | $128.1M | $139.8M | $173.0M | $140.7M | $164.7M |
| Cash From Investing | -$46.4M | -$37.8M | -$48.0M | -$51.2M | -$43.8M | -$37.2M |
| Cash From Financing | -$17.3M | -$85.1M | -$86.5M | -$117.2M | -$81.5M | -$89.9M |
| Free Cash Flow | -$57.2M | $81.2M | $100.3M | $124.0M | $93.3M | $128.4M |
Figures from Monarch Casino & Resort's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Monarch Casino & Resort financials page for every line item.
Monarch Casino & Resort Company Profile
| Ticker | MCRI |
|---|---|
| Exchange | Nasdaq |
| Industry | Hotels & Motels |
| Headquarters | Reno, Nevada |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000907242 |
Frequently Asked Questions
What was Monarch Casino & Resort's revenue in fiscal 2025?
Monarch Casino & Resort (MCRI) reported revenue of $545.1M for fiscal 2025.
What is Monarch Casino & Resort's annual revenue history?
Monarch Casino & Resort's annual revenue by fiscal year: 2020: $184.4M; 2021: $395.4M; 2022: $477.9M; 2023: $501.5M; 2024: $522.2M; 2025: $545.1M.
What was Monarch Casino & Resort's net income in fiscal 2025?
Monarch Casino & Resort reported net income of $101.4M for fiscal 2025.
What was Monarch Casino & Resort's earnings per share (EPS) in fiscal 2025?
Monarch Casino & Resort's diluted EPS was $5.43 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Monarch Casino & Resort generate in fiscal 2025?
Monarch Casino & Resort generated $128.4M of free cash flow in fiscal 2025.
What was Monarch Casino & Resort's revenue last quarter?
In its most recent reported quarter (2026 Q2), Monarch Casino & Resort reported revenue of $142.6M.
How many shares of Monarch Casino & Resort are outstanding?
Monarch Casino & Resort reported a weighted average of 17.9 million basic shares outstanding in 2026 Q2.
What is Monarch Casino & Resort's market cap?
Based on its latest closing price, Monarch Casino & Resort (MCRI) has a market capitalization of about $2.12B.
When does Monarch Casino & Resort's fiscal year end?
Monarch Casino & Resort's fiscal year end, as registered with the SEC, is December 31.
Where is Monarch Casino & Resort headquartered?
Monarch Casino & Resort lists its business address in Reno, Nevada in its SEC filings.