Melco Resorts Announces Unaudited Third Quarter 2026 Earnings
Key Highlights
- ➤Third-quarter revenue $1.17B, down approximately 10% year over year
- ➤Adjusted Property EBITDA $287.6M, down from $380.4M year over year
- ➤Net income attributable to Melco was US$34 thousand versus $74.7M
- ➤City of Dreams Mediterranean EBITDA reached record quarterly US$25.7M
- ➤Melco repurchased approximately 33.1M ADSs for approximately US$160.0M
Expert Statements
Lawrence Ho, Chairman and Chief Executive Officer of Melco Resorts & Entertainment Limited
“We continue to be confident in the long-term prospects of our businesses in Macau. We are focused on disciplined execution of our strategy to drive strong returns. Our distinctive product portfolio in Macau reflects the best in luxury and innovation. Coupled with the opening of our newly branded hotel REM and the renovation of our retail space at City of Dreams, we believe we are well positioned to capture the demands of our evolving customer base, supporting long-term growth.”
Lawrence Ho, Chairman and Chief Executive Officer of Melco Resorts & Entertainment Limited
“In the Philippines and Cyprus, our properties continued to demonstrate resilience despite the ongoing headwinds in those countries and regions. In particular, City of Dreams Mediterranean and our satellite casinos delivered its highest quarterly EBITDA on record.”
MACAU, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco Resorts” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the third quarter of 2026.
Total operating revenues for the third quarter of 2026 were US$1.17 billion, representing a decrease of approximately 10% from US$1.31 billion for the comparable period in 2025. The decrease in total operating revenues was primarily attributable to softer performance in rolling chip and mass market table games as well as overall non-gaming operations.
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