MELCO RESORTS & ENTERTAINMENT LIMITED
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.16B | $4.64B | $3.78B | $1.35B | $2.01B | $1.73B | $5.74B | $5.19B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $657.4M | $568.7M | $488.1M | $423.2M | $426.4M | $424.4M | $559.5M | $505.9M |
| Operating Income | $600.4M | $484.6M | $65.0M | $-743.1M | $-577.5M | $-940.6M | $747.7M | $613.4M |
| Operating Margin | 11.6% | 10.4% | 1.7% | -55.0% | -28.7% | -54.4% | 13.0% | 11.8% |
| Interest Expense | $464.9M | $486.7M | $492.4M | $376.7M | $350.5M | $340.8M | $310.1M | $264.9M |
| Pretax Income | $148.3M | $-6.3M | $-401.9M | $-1.09B | $-953.6M | $-1.46B | $402.6M | $339.1M |
| Income Tax Expense | $2.8M | $21.6M | $13.4M | $5.2M | $2.9M | $-2.9M | $8.3M | $238.0K |
| Net Income | $185.0M | $43.5M | $-326.9M | $-930.5M | $-811.8M | $-1.26B | $373.2M | $340.3M |
| Net Margin | 3.6% | 0.9% | -8.7% | -68.9% | -40.3% | -73.1% | 6.5% | 6.6% |
| EPS (Basic) | $0.16 | $0.03 | $-0.25 | $-0.67 | $-0.57 | $-0.88 | $0.26 | $0.23 |
| EPS (Diluted) | $0.15 | $0.03 | $-0.25 | $-0.67 | $-0.57 | $-0.88 | $0.26 | $0.22 |
| Shares Outstanding (Basic) | 1.19B | 1.30B | 1.31B | 1.39B | 1.43B | 1.43B | 1.44B | 1.51B |
| Shares Outstanding (Diluted) | 1.20B | 1.30B | 1.31B | 1.39B | 1.43B | 1.43B | 1.44B | 1.52B |
| Dividends Per Share | — | — | — | — | — | $0.06 | $0.21 | $0.19 |