$3.75

-0.13 (-3.35%)

After Hours: $3.78 (+0.03, +0.80%)

Weekly Expected Move ±5.6%

$3 $4 $4 $4 $4

NASDAQ · Consumer Cyclical · Gambling, Resorts & Casinos · Tech Score Strong Sell · Power 31 · $1.4B mcap · 380M float · 0.560% daily turnover · Short 46% of daily vol

Credit Risk of going bust: higher than 76% of companies Debt: 83.2% of company value Bonds: none of note held by US funds details ▾

If the stock fell to about $0.66 (down 82%), Melco Resorts & Entertainment Limited would be worth roughly what it owes.
Total debt $7.31B against a stock market value of $1.48B.
Distance to default 2.97 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $3.58B (short-term plus half of long-term), stock volatility 39.3%; Altman Z'' -1.24. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$5.2B +11.3% ▲

5Y CAGR: +24.5%

Gross Profit

$1.9B +14.0% ▲

5Y CAGR: +58.5%

Operating Income

$600M +23.9% ▲

Net Income

$185M +325.0% ▲

EPS (Diluted)

$0.45 +350.0% ▲

EBITDA

$1.1B +11.7% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.0B	$1.3B	$3.8B	$4.6B	$5.2B
YoY Growth	+16.5%	-32.9%	+179.7%	+22.9%	+11.3%
Cost of Revenue	$1.5B	$1.1B	$2.6B	$3.0B	$3.3B
Gross Profit	$490M	$287M	$1.2B	$1.7B	$1.9B
Gross Margin	24.3%	21.2%	31.4%	35.9%	36.7%
R&D Expenses	$31M	$0	$1M	$5M	$0
SG&A Expenses	$426M	$423M	$488M	$569M	$753M
Operating Expenses	$1.1B	$1.0B	$1.1B	$1.2B	$1.3B
Operating Income	-$577M	-$743M	$65M	$485M	$600M
Operating Margin	-28.7%	-55.0%	1.7%	10.4%	11.6%
Interest Expense	$362M	$383M	$497M	$487M	$473M
Income Before Tax	-$954M	-$1.1B	-$402M	-$6M	$148M
Tax Expense	$3M	$5M	$13M	$22M	$3M
Net Income	-$812M	-$931M	-$327M	$44M	$185M
Net Margin	-40.3%	-68.9%	-8.7%	0.9%	3.6%
EPS (Diluted)	$-2.01	$-2.37	$-0.75	$0.30	$0.45
EBITDA	-$23M	-$218M	$816M	$1.0B	$1.1B
Shares Outstanding	478M	464M	438M	144M	401M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.2B	$1.2B	$1.2B	$1.3B	$1.3B	$1.3B	$1.4B	$1.3B
Cost of Revenue	$742M	$779M	$773M	$871M	$801M	$819M	$998M	$948M
Gross Profit	$433M	$412M	$459M	$457M	$508M	$474M	$373M	$306M
Gross Margin	36.8%	34.6%	37.3%	34.4%	38.8%	36.7%	27.2%	24.4%
R&D Expenses	$1M	$2M	$3M	$2M	$0	$0	$1M	$1M
SG&A Expenses	$141M	$157M	$155M	$158M	$186M	$192M	$180M	$171M
Operating Expenses	$294M	$315M	$314M	$332M	$324M	$328M	$191M	$177M
Operating Income	$139M	$97M	$145M	$125M	$185M	$146M	$183M	$129M
Operating Margin	11.8%	8.1%	11.8%	9.4%	14.1%	11.3%	13.3%	10.3%
Interest Expense	$123M	$120M	$122M	$120M	$113M	$116M	$114M	$113M
Income Before Tax	$18M	-$35M	$32M	$21M	$63M	$32M	$78M	$18M
Tax Expense	$5M	$5M	$5M	$12M	$845K	-$15M	$7M	$8M
Net Income	$27M	-$20M	$33M	$17M	$75M	$61M	$77M	$23M
Net Margin	2.3%	-1.7%	2.6%	1.3%	5.7%	4.7%	5.6%	1.8%
EPS (Diluted)	$0.06	$-0.14	$0.23	$0.12	$0.19	$0.15	$0.20	$0.06
EBITDA	$275M	$219M	$282M	$273M	$310M	$284M	$334M	$260M
Shares Outstanding	432M	140M	139M	139M	395M	395M	393M	389M

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