Macau's Studio City Q1 revenue rises on casino demand

Studio City International Holdings

30/04/2026 13:39

Overview

Macau integrated resort's Q1 revenue rose 9% yr/yr, driven by mass market casino and non-gaming gains

Q1 adjusted EBITDA increased to $80 mln from $69.9 mln a year earlier

Company swung to Q1 net income of $2.9 mln from a loss last year

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

CASINO CONTRACT REVENUE - Higher mass market casino performance led to increased revenue from casino contract

NON-GAMING REVENUE - Growth in non-gaming segments, including rooms, entertainment, and services, contributed to revenue gains

HIGHER OPERATING COSTS - Gains were partially offset by increased operating costs

Company press release: ID:nGNX9DkjVz

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$176.70 mln
Q1 Net Income
$2.90 mln
Q1 Adjusted EBITDA
$80 mln
Q1 Capex
$4.60 mln
Q1 Operating Income
$28 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)