Melco Resorts & Entertainment LTD 6-K, filed Nov 5, 2026

Melco Resorts & Entertainment LTD (MLCO)

6-K 2026-11-05 For: 2026-11-05

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Added on November 05, 2026

About this 6-K

Melco Resorts & Entertainment LTD filed this 6-K on November 5, 2026.

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MELCO RESORTS & ENTERTAINMENT LIMITED

By:		/s/ Geoffrey Davis
Name:		Geoffrey Davis, CFA
Title:		Chief Financial Officer


Exhibit No.		Description

Exhibit 99.1		Unaudited Results for Third Quarter of 2026


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2026			2025			2026			2025
Operating revenues:
Casino	$	939,192		$	1,061,469		$	3,124,625		$	3,181,389
Rooms		122,523			118,577			343,284			332,634
Food and beverage		71,197			73,270			203,660			219,766
Entertainment, retail and other		40,603			56,191			120,858			136,237

Total operating revenues		1,173,515			1,309,507			3,792,427			3,870,026

Operating costs and expenses:
Casino		(625,100	)		(674,624	)		(2,046,454	)		(2,033,228	)
Rooms		(41,290	)		(38,623	)		(120,247	)		(111,186	)
Food and beverage		(62,874	)		(60,041	)		(185,480	)		(181,779	)
Entertainment, retail and other		(26,864	)		(27,560	)		(73,549	)		(74,078	)
General and administrative		(165,423	)		(167,005	)		(511,281	)		(480,449	)
Payments to the Philippine Parties		(8,155	)		(10,213	)		(24,292	)		(28,514	)
Pre-opening costs		(1,676	)		(7,393	)		(3,269	)		(50,416	)
Development costs		(1,706	)		(996	)		(4,134	)		(6,266	)
Amortization of land use rights		(4,962	)		(4,984	)		(14,903	)		(14,966	)
Depreciation and amortization		(133,347	)		(133,323	)		(400,140	)		(387,687	)
Property charges and other		(1,902	)		(234	)		(1,705	)		(47,420	)

Total operating costs and expenses		(1,073,299	)		(1,124,996	)		(3,385,454	)		(3,415,989	)

Operating income		100,216			184,511			406,973			454,037

Non-operating income (expenses):
Interest income		919			1,057			3,089			5,620
Interest expense, net of amounts capitalized		(110,839	)		(113,261	)		(333,642	)		(350,650	)
Other financing costs		(1,767	)		(992	)		(5,044	)		(4,970	)
Foreign exchange gains (losses), net		3,656			(9,296	)		9,343			9,605
Other income, net		1,628			1,410			10,725			3,399
Loss on extinguishment of debt		(1,259	)		(524	)		(2,639	)		(524	)

Total non-operating expenses, net		(107,662	)		(121,606	)		(318,168	)		(337,520	)

(Loss) income before income tax		(7,446	)		62,905			88,805			116,517
Income tax expense		(1,655	)		(845	)		(16,476	)		(17,355	)

Net (loss) income		(9,101	)		62,060			72,329			99,162
Net loss attributable to noncontrolling interests		9,135			12,626			27,198			25,248

Net income attributable to Melco Resorts & Entertainment Limited	$	34		$	74,686		$	99,527		$	124,410

Net income attributable to Melco Resorts & Entertainment Limited per share:
Basic	$	0.00003		$	0.06375		$	0.08684		$	0.10356

Diluted	$	0.00003		$	0.06307		$	0.08644		$	0.10303

Net income attributable to Melco Resorts & Entertainment Limited per ADS:
Basic	$	0.00009		$	0.19124		$	0.26051		$	0.31067

Diluted	$	0.00009		$	0.18922		$	0.25933		$	0.30909

Weighted average shares outstanding used in net income attributable to Melco Resorts & Entertainment Limited per share calculation:
Basic		1,104,504,749			1,171,585,944			1,146,144,003			1,201,377,034

Diluted		1,108,390,113			1,184,132,090			1,151,344,779			1,207,524,521


	September 30,			December 31,
	2026			2025
ASSETS
Current assets:
Cash and cash equivalents	$	762,448		$	1,023,199
Accounts receivable, net		129,567			126,405
Receivables from affiliated companies		402			887
Inventories		37,252			36,919
Prepaid expenses and other current assets		71,963			81,790

Total current assets		1,001,632			1,269,200

Property and equipment, net		4,977,928			5,157,443
Intangible assets, net		258,490			270,903
Goodwill		23,294			23,490
Long-term prepayments, deposits and other assets		170,295			129,428
Restricted cash		124,198			125,235
Operating lease right-of-use assets		75,554			76,935
Land use rights, net		525,622			545,054

Total assets	$	7,157,013		$	7,597,688

LIABILITIES AND DEFICIT
Current liabilities:
Accounts payable	$	19,224		$	25,910
Accrued expenses and other current liabilities		1,005,568			1,076,150
Income tax payable		30,277			29,208
Operating lease liabilities, current		21,636			18,998
Finance lease liabilities, current		32,057			33,327
Payables to affiliated companies		236			719

Total current liabilities		1,108,998			1,184,312

Long-term debt, net		6,978,551			6,747,918
Other long-term liabilities		281,454			309,799
Deferred tax liabilities, net		34,092			34,590
Operating lease liabilities, non-current		75,222			76,108
Finance lease liabilities, non-current		128,360			148,590

Total liabilities		8,606,677			8,501,317

Deficit:
Ordinary shares, par value $0.01; 7,300,000,000 shares authorized; 1,351,540,382 and 1,351,540,382 shares issued; 1,073,746,657 and 1,172,055,466 shares outstanding, respectively		13,515			13,515
Treasury shares, at cost; 277,793,725 and 179,484,916 shares, respectively		(526,099	)		(356,835	)
Additional paid-in capital		2,609,853			2,988,714
Accumulated other comprehensive losses		(118,727	)		(63,712	)
Accumulated losses		(3,728,757	)		(3,828,284	)

Total Melco Resorts & Entertainment Limited shareholders’ deficit		(1,750,215	)		(1,246,602	)
Noncontrolling interests		300,551			342,973

Total deficit		(1,449,664	)		(903,629	)

Total liabilities and deficit	$	7,157,013		$	7,597,688


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2026			2025			2026			2025
Net income attributable to Melco Resorts & Entertainment Limited	$	34		$	74,686		$	99,527		$	124,410
Pre-opening costs		1,676			7,393			3,269			50,416
Development costs		1,706			996			4,134			6,266
Property charges and other		1,902			234			1,705			47,420
Loss on extinguishment of debt		1,259			524			2,639			524
Income tax impact on adjustments		(50	)		(12	)		(72	)		(811	)
Noncontrolling interests impact on adjustments		(41	)		(138	)		(670	)		(1,190	)

Adjusted net income attributable to Melco Resorts & Entertainment Limited	$	6,486		$	83,683		$	110,532		$	227,035

Adjusted net income attributable to Melco Resorts & Entertainment Limited per share:
Basic	$	0.006		$	0.071		$	0.096		$	0.189

Diluted	$	0.006		$	0.071		$	0.096		$	0.188

Adjusted net income attributable to Melco Resorts & Entertainment Limited per ADS:
Basic	$	0.018		$	0.214		$	0.289		$	0.567

Diluted	$	0.018		$	0.212		$	0.288		$	0.564

Weighted average shares outstanding used in adjusted net income attributable to Melco Resorts & Entertainment Limited per share calculation:
Basic		1,104,504,749			1,171,585,944			1,146,144,003			1,201,377,034

Diluted		1,108,390,113			1,184,132,090			1,151,344,779			1,207,524,521

Melco Resorts & Entertainment LTD 6-K, filed Nov 5, 2026

About this 6-K

Table of Contents

Table of Contents

Table of Contents

Table of Contents


	Three Months Ended September 30, 2026
	City of Dreams			Studio City			Altira Macau			Mocha⁽³⁾		City of Dreams Manila		City of Dreams Mediterranean and Other		Other Operations⁽⁴⁾			Corporate and Other			Total
Operating income (loss)	$	71,571		$	34,984		$	(2,000	)	$	3,269	$	17,554	$	12,232	$	(853	)	$	(36,541	)	$	100,216
Payments to the Philippine Parties		-			-			-			-		8,155		-		-			-			8,155
Integrated resort and casino rent ⁽⁵⁾		-			-			-			-		1,463		-		1,828			-			3,291
Pre-opening costs		1,555			92			-			-		-		-		-			29			1,676
Development costs		-			-			-			-		-		-		-			1,706			1,706
Depreciation and amortization		54,461			55,436			887			1,025		4,448		13,293		3,008			5,751			138,309
Share-based compensation		1,903			551			132			38		1,115		88		31			5,568			9,426
Property charges and other		854			(496	)		693			-		186		47		-			618			1,902

Adjusted EBITDA		130,344			90,567			(288	)		4,332		32,921		25,660		4,014			(22,869	)		264,681
Corporate and Other expenses		-			-			-			-		-		-		-			22,869			22,869

Adjusted Property EBITDA	$	130,344		$	90,567		$	(288	)	$	4,332	$	32,921	$	25,660	$	4,014		$	-		$	287,550


	Three Months Ended September 30, 2025
	City of Dreams			Studio City			Altira Macau			Mocha and Other⁽³⁾		City of Dreams Manila		City of Dreams Mediterranean and Other		Other Operations⁽⁴⁾			Corporate and Other ⁽⁴⁾			Total
Operating income (loss)	$	153,803		$	45,914		$	(2,275	)	$	4,252	$	24,272	$	9,537	$	(11,119	)	$	(39,873	)	$	184,511
Payments to the Philippine Parties		-			-			-			-		10,213		-		-			-			10,213
Integrated resort and casino rent ⁽⁵⁾		-			-			-			-		1,390		-		1,788			-			3,178
Pre-opening costs ⁽⁶⁾		410			31			-			-		-		-		6,359			-			6,800
Development costs		-			-			-			-		-		-		-			996			996
Depreciation and amortization		52,242			58,152			604			1,448		4,977		13,291		2,318			5,275			138,307
Share-based compensation		1,601			416			115			47		271		107		25			5,142			7,724
Property charges and other		(1,176	)		158			849			26		138		239		-			-			234

Adjusted EBITDA		206,880			104,671			(707	)		5,773		41,261		23,174		(629	)		(28,460	)		351,963
Corporate and Other expenses ⁽⁴⁾		-			-			-			-		-		-		-			28,460			28,460

Adjusted Property EBITDA	$	206,880		$	104,671		$	(707	)	$	5,773	$	41,261	$	23,174	$	(629	)	$	-		$	380,423


	Nine Months Ended September 30, 2026
	City of Dreams			Studio City			Altira Macau			Mocha⁽³⁾			City of Dreams Manila		City of Dreams Mediterranean and Other		Other Operations⁽⁴⁾			Corporate and Other			Total
Operating income (loss)	$	325,788		$	128,938		$	(623	)	$	8,809		$	56,755	$	13,983	$	(7,033	)	$	(119,644	)	$	406,973
Payments to the Philippine Parties		-			-			-			-			24,292		-		-			-			24,292
Integrated resort and casino rent ⁽⁵⁾		-			-			-			-			4,477		-		5,394			-			9,871
Pre-opening costs		3,070			120			-			-			-		-		33			46			3,269
Development costs		-			-			-			-			-		-		-			4,134			4,134
Depreciation and amortization		161,409			167,879			2,628			3,082			13,850		40,226		9,327			16,642			415,043
Share-based compensation		5,071			1,411			360			111			1,620		213		80			14,443			23,309
Property charges and other		(2,853	)		(530	)		3,564			543			257		106		-			618			1,705

Adjusted EBITDA		492,485			297,818			5,929			12,545			101,251		54,528		7,801			(83,761	)		888,596
Corporate and Other expenses		-			-			-			-			-		-		-			83,761			83,761

Adjusted Property EBITDA	$	492,485		$	297,818		$	5,929		$	12,545		$	101,251	$	54,528	$	7,801		$	-		$	972,357


	Nine Months Ended September 30, 2025
	City of Dreams			Studio City			Altira Macau			Mocha and Other⁽³⁾			City of Dreams Manila		City of Dreams Mediterranean and Other		Other Operations⁽⁴⁾			Corporate and Other ⁽⁴⁾			Total
Operating income (loss)	$	454,663		$	131,376		$	(4,753	)	$	(41,496	)	$	50,565	$	8,317	$	(25,303	)	$	(119,332	)	$	454,037
Payments to the Philippine Parties		-			-			-			-			28,514		-		-			-			28,514
Integrated resort and casino rent ⁽⁵⁾		-			-			-			-			4,192		-		5,367			-			9,559
Pre-opening costs ⁽⁶⁾		28,871			500			-			-			-		-		16,873			-			46,244
Development costs		-			-			-			-			-		-		-			6,266			6,266
Depreciation and amortization		153,001			171,826			1,709			3,552			15,482		38,444		2,318			16,321			402,653
Share-based compensation		4,498			1,182			327			137			756		312		63			14,885			22,160
Property charges and other		(12,608	)		2,319			2,162			55,583			224		128		-			(388	)		47,420

Adjusted EBITDA		628,425			307,203			(555	)		17,776			99,733		47,201		(682	)		(82,248	)		1,016,853
Corporate and Other expenses ⁽⁴⁾		-			-			-			-			-		-		-			82,248			82,248

Adjusted Property EBITDA	$	628,425		$	307,203		$	(555	)	$	17,776		$	99,733	$	47,201	$	(682	)	$	-		$	1,099,101


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2026			2025			2026			2025
Room Statistics:
City of Dreams
Average daily rate ⁽⁷⁾	$	221		$	218		$	225		$	218
Occupancy per available room		98	%		98	%		98	%		98	%
Revenue per available room ⁽⁸⁾	$	218		$	212		$	221		$	213
Studio City
Average daily rate ⁽⁷⁾	$	176		$	178		$	175		$	170
Occupancy per available room		97	%		97	%		97	%		98	%
Revenue per available room ⁽⁸⁾	$	171		$	174		$	170		$	166
Altira Macau
Average daily rate ⁽⁷⁾	$	134		$	135		$	134		$	133
Occupancy per available room		100	%		96	%		99	%		97	%
Revenue per available room ⁽⁸⁾	$	134		$	130		$	132		$	129
City of Dreams Manila
Average daily rate ⁽⁷⁾	$	140		$	158		$	144		$	160
Occupancy per available room		96	%		90	%		96	%		93	%
Revenue per available room ⁽⁸⁾	$	134		$	142		$	138		$	150
City of Dreams Mediterranean and Other
Average daily rate ⁽⁷⁾	$	611		$	595		$	546		$	493
Occupancy per available room		83	%		72	%		65	%		64	%
Revenue per available room ⁽⁸⁾	$	509		$	425		$	354		$	315
Other Information:
City of Dreams
Average number of table games		450			437			448			435
Average number of gaming machines		814			615			814			619
Table games win per unit per day ⁽⁹⁾	$	14,406		$	17,583		$	16,531		$	18,239
Gaming machines win per unit per day ⁽¹⁰⁾	$	489		$	586		$	588		$	533
Studio City
Average number of table games		249			253			252			253
Average number of gaming machines		953			726			951			749
Table games win per unit per day ⁽⁹⁾	$	12,663		$	13,572		$	13,734		$	13,680
Gaming machines win per unit per day ⁽¹⁰⁾	$	351		$	484		$	417		$	485
Altira Macau
Average number of table games		35			29			34			32
Average number of gaming machines		282			148			284			138
Table games win per unit per day ⁽⁹⁾	$	9,004		$	8,188		$	9,923		$	8,199