Melco Resorts & Entertainment (MLCO) revenue breakdown
By segment, City of Dreams is the largest at 53% of fiscal 2025 revenue; Studio City grew fastest, 103% a year over 3 years.
By product, Casino is the largest at 82% of fiscal 2025 revenue; Rooms grew fastest, 5% a year over 7 years.
Revenue by segment
Fiscal years, as Melco Resorts & Entertainment reports them in its 10-K filings; fiscal 2025 total $5.2B.
| Segments | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| City of Dreams | $560M | $1.9B | $2.3B | $2.7B | 53% |
| Studio City | $176M | $958M | $1.4B | $1.5B | 29% |
| City of Dreams Manila | $396M | $495M | $472M | $411M | 8% |
| City of Dreams Mediterranean and Other | $91M | $159M | $235M | $300M | 6% |
| Mocha and Other | $76M | $118M | $123M | $107M | 2% |
| Altira Macau | $33M | $111M | $125M | $107M | 2% |
| Other Operation | — | — | — | $13M | 0% |
Revenue by product
Fiscal years, as Melco Resorts & Entertainment reports them in its 10-K filings; fiscal 2025 total $5.2B.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Casino | $4.5B | $5.0B | $1.5B | $1.7B | $1.1B | $3.1B | $3.8B | $4.2B | 82% |
| Rooms | $311M | $350M | $109M | $158M | $117M | $338M | $423M | $444M | 9% |
| Food and Beverage | $204M | $235M | $75M | $98M | $86M | $209M | $286M | $291M | 6% |
| Entertainment, Retail and Other | $177M | $175M | $73M | $81M | $72M | $151M | $157M | $182M | 4% |
Revenue by region
Fiscal years, as Melco Resorts & Entertainment reports them in its 10-K filings; fiscal 2025 total $5.2B.
| Regions | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Macau | $845M | $3.1B | $3.9B | $4.4B | 86% |
| The Philippines | $396M | $495M | $472M | $411M | 8% |
| Cyprus | $91M | $159M | $235M | $300M | 6% |
| Other | $18M | $3M | $11M | $23M | 0% |
Questions
Where does Melco Resorts & Entertainment make its money?
In fiscal 2025, by segment: City of Dreams $2.7B, Studio City $1.5B, City of Dreams Manila $411M, City of Dreams Mediterranean and Other $300M, Mocha and Other $107M.
From Melco Resorts & Entertainment's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.