Every 10-Q that Monarch Casino & Resort Inc (MCRI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MCRI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MCRI filings page.
Monarch Casino & Resort, Inc. reported solid growth for the quarter ended June 30, 2026. Net revenues rose to $142.6 million from $136.9 million, and net income increased to $32.5 million from $27.0 million. Diluted EPS was $1.78 versus $1.44.
For the first six months of 2026, net revenues were $279.1 million and net income was $60.1 million, with diluted EPS of $3.30 compared with $2.50 a year earlier. Casino, food and beverage, hotel and other revenues all grew, with particularly strong hotel performance driven by higher occupancy, higher room rates and lower hotel expense margins.
Income from operations reached $38.6 million for the quarter and $73.6 million year‑to‑date, while depreciation declined as Black Hawk expansion assets became fully depreciated. Operating cash flow was $79.2 million in the first half, funding $12.4 million of capital spending, $10.7 million of cash dividends and $17.5 million of share repurchases.
The balance sheet remained conservative with $138.3 million of cash, no borrowings under a $100.0 million credit facility and stockholders’ equity of $576.8 million. Monarch recorded a $79.6 million liability related to construction litigation with PCL Construction Services, Inc., is appealing a $74.6 million judgment, and continues to incur related interest and professional fees.
Monarch Casino & Resort, Inc. reported strong first-quarter 2026 results, with net revenues of $136.6 million, up 8.9% from a year earlier. Net income rose to $27.6 million, and diluted earnings per share increased to $1.52 from $1.05.
Growth was broad-based: casino revenue increased 9.4%, food and beverage revenue grew 5.6%, and hotel revenue rose 13.5%, helped by more available rooms despite slightly lower ADR and occupancy. Operating margins improved as casino, food and beverage, and hotel expenses declined as a percentage of their respective revenues.
The company generated $48.5 million in operating cash flow and ended the quarter with $120.1 million in cash, no outstanding borrowings on its $100 million credit facility, and strong leverage and coverage ratios. Monarch repurchased 181,258 shares for $17.6 million and paid $5.4 million in dividends, while carrying a recorded liability of $78.5 million related to ongoing PCL construction litigation, which remains under appeal.
Monarch Casino & Resort (MCRI) reported Q3 results showing solid growth. Net revenues were $142.8 million, up 3.6% year over year. Net income rose to $31.6 million, a 14.4% increase, with diluted EPS of $1.69, up 15.0%. Casino revenue grew 5.0%, while food and beverage and hotel revenue each improved, supported by higher average spend and ADR.
Operating leverage remained healthy: income from operations reached $38.2 million. Cash and cash equivalents were $107.6 million at September 30, 2025. The company had no borrowings outstanding on its $100 million credit facility and $99.4 million remained available.
Year to date, operating cash flow was $126.6 million, capex was $33.8 million, share repurchases totaled 111,169 shares for $11.3 million, and dividends paid were $0.90 per share, including $0.30 on September 15. A $0.30 dividend is payable on December 15, 2025. Monarch recorded a $76.5 million liability related to the PCL construction judgment and has appealed; a bond was posted to stay enforcement. Effective tax rate was 21.3%.
Monarch Casino & Resort (MCRI) posted solid Q2-25 results while absorbing a sizable litigation reserve. Net revenue rose 6.8% YoY to $136.9 million, led by a 12.1% jump in casino win; F&B was up 1.1%, while hotel revenue dipped 3.1%. Tight cost controls pared casino expense to 35.7% of casino revenue (37.7% LY), lifting operating income 18.3% to $34.9 million.
Profitability strengthened. Net income climbed 19.1% to $27.0 million and diluted EPS grew 21% to $1.44. H1-25 EPS reached $2.50 (+17.9%). Cash from operations advanced to $70.6 million for the six-month period, comfortably funding $27.9 million of capex, $20.0 million of buybacks (240k shares) and $11.0 million of dividends ($0.60/sh).
Balance sheet remains debt-free. Cash ended at $71.6 million, with the $100 million revolver undrawn (Total Leverage 0.0x). Shareholders’ equity grew to $539.3 million despite treasury stock rising to $83.7 million.
Key overhang: construction litigation. The company recorded a $76.5 million liability tied to a February court judgment ($74.6 million plus interest) against contractor PCL; Monarch has appealed and posted bond, but post-judgment interest accrues at 6%.
Capital returns continue: quarterly dividend of $0.30 paid June 15; next $0.30 dividend announced for September 15. Repurchase authorization stands at 1.71 million shares.