Monarch Casino & Resort, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on October 30, 2026, reporting third-quarter net revenues of $146.3 million and net income of $32.0 million.

Key Highlights

  • Q3 2026 net revenues: $146,265 thousand, up from $142,814 thousand in Q3 2025, according to the filing.
  • Q3 2026 net income: $32,005 thousand, compared with $31,576 thousand in the prior-year quarter.
  • Nine-month net income: $92,120 thousand for the nine months ended September 30, 2026, versus $78,448 thousand for the same period in 2025.
  • Diluted EPS: $1.76 for Q3 2026 and $5.06 for the nine months ended September 30, 2026, the filing disclosed.
  • Share repurchases: The company purchased 300,859 shares of common stock in Q3 2026 for $37,175 thousand, and 181,258 shares in Q1 2026 for $17,731 thousand.
  • Cash position: Cash and cash equivalents were $137,407 thousand at September 30, 2026, up from $96,468 thousand at December 31, 2025.
  • Shares outstanding: 17,635,985 shares of common stock as of October 28, 2026, per the filing.

Monarch Casino's Q3 2026 Financial Results and Balance Sheet Overview

According to the Form 10-Q filed with the SEC, Monarch Casino & Resort, Inc. (NASDAQ:MCRI) reported third-quarter 2026 net revenues of $146,265 thousand, with casino revenues of $82,836 thousand, food and beverage revenues of $34,267 thousand, hotel revenues of $22,687 thousand, and other revenues of $6,475 thousand. Total operating expenses for the quarter were $104,990 thousand, producing income from operations of $41,275 thousand. After net interest income of $829 thousand and a provision for income taxes of $10,099 thousand, the company reported net income of $32,005 thousand.

For the nine months ended September 30, 2026, the filing reported net revenues of $425,412 thousand and net income of $92,120 thousand, compared with $405,122 thousand and $78,448 thousand respectively for the same period in 2025. Basic earnings per share for the nine-month period were $5.17, and diluted earnings per share were $5.06, according to the filing. Depreciation and amortization for the nine months declined to $31,947 thousand from $40,842 thousand in the year-earlier period.

The consolidated balance sheet as of September 30, 2026, showed total assets of $736,056 thousand and total liabilities of $166,582 thousand, with total stockholders' equity of $569,474 thousand. The company held treasury stock of $191,317 thousand as of September 30, 2026, reflecting repurchases during the period. Retained earnings stood at $673,939 thousand. Three dividend payments were made during the nine-month period, totaling $5,362 thousand, $5,376 thousand, and $5,291 thousand in Q1, Q2, and Q3 2026, respectively, as disclosed in the statements of stockholders' equity.

What Was Disclosed

Monarch Casino & Resort filed its 10-Q for Q3 2026, disclosing quarterly net revenues of $146,265 thousand, net income of $32,005 thousand, diluted EPS of $1.76, cash of $137,407 thousand, and significant share repurchase activity totaling more than $54.9 million over the nine-month period.