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NASDAQ: MCRI MONARCH CASINO & RESORT INC 8-K

Monarch Casino reports record Q2 revenue of $142.6M, up 4.2%; declares $0.30 dividend

Filed July 21, 2026 · Period ending July 20, 2026 · ~1 min read

5 key changes 1 high relevance 2 sections

Key Changes

  • high

    Q2 2026 net revenue rose 4.2% YoY to $142.6M, driven by casino (up 2.5%), food & beverage (up 3.1%), and hotel (up 13.0%). Net income increased 20.4% to $32.5M and diluted EPS grew 23.6% to $1.78.

    Exhibit 99.1 view on EDGAR →
  • medium

    Declared quarterly cash dividend of $0.30 per share, payable September 15, 2026 to shareholders of record September 1, 2026, continuing the $1.20 annual dividend program subject to quarterly board review.

  • medium

    Ended Q2 with in cash and no debt drawn on credit facility. Increased cash by $18.1M during the quarter while returning $5.4M to shareholders through dividends. Management evaluating M&A opportunities.

    Exhibit 99.1 view on EDGAR →
  • medium

    Recorded $1.1M in Q2 ($2.2M YTD) for principal judgment on construction litigation related to ongoing disputes with PCL Construction Services over Black Hawk property, including a judgment under appeal.

    Exhibit 99.1 view on EDGAR →
  • low

    Q2 net income benefited by $2.4M ($0.13 per diluted share) from excess tax benefits on stock option compensation, reducing effective tax rate to 17.4% from 23.5% in prior-year quarter.

    Exhibit 99.1 view on EDGAR →

Summary

Monarch Casino delivered record second-quarter results with net revenue climbing 4.2% year-over-year to $142.6 million and net income surging 20.4% to $32.5 million. The revenue growth was broad-based across casino operations, food and beverage, and hotel segments, with hotel revenue posting the strongest gain at 13.0%.

Diluted earnings per share rose 23.6% to $1.78, aided by a $0.13 benefit from stock option tax treatment that lowered the effective tax rate to 17.4%. The company declared its quarterly $0.30 per share dividend, maintaining the $1.20 annual payout subject to ongoing board review. Monarch's balance sheet remains strong with in cash and no borrowings against its credit facility.

The company grew its cash position by $18.1 million during the quarter while returning $5.4 million to shareholders through dividends. Management indicated it is evaluating M&A opportunities to drive long-term value. The quarter included a $1.1 million charge related to a construction litigation judgment involving the Black Hawk property, part of an ongoing dispute with PCL Construction Services that includes a judgment currently under appeal.

Section-by-Section Diff

Event · Exhibit 99.1

Monarch Casino reported record Q2 2026 results with net revenue up 4.2% to $142.6M, net income up 20.4%, and declared a $0.30/share dividend.

1 Added
Added Q2 2026 earnings high

Added in current filing · view on EDGAR →

Net revenue $142,597 $136,914 4.2 % $279,147 $262,308 6.4 %

Net income(1) (2) 32,523 27,008 20.4 % 60,115 46,872 28.3 %

Adjusted EBITDA(3) $52,999 $51,289 3.3 % $101,950 $92,420 10.3 %

Basic EPS $1.82 $1.47 23.8 % $3.37 $2.55 32.2 %

Diluted EPS(1) (2) $1.78 $1.44 23.6 % $3.30 $2.50 32.0 %

Monarch Casino reported record second quarter 2026 results. Net revenue increased 4.2% year-over-year to $142.6 million, driven by growth in casino (up 2.5%), food and beverage (up 3.1%), and hotel revenue (up 13.0%). Net income rose 20.4% to $32.5 million, and diluted EPS increased 23.6% to $1.78. Adjusted EBITDA grew 3.3% to $53.0 million with a margin of 37.2%.

Event · Item 8.01 — Other Events

~42 words

Item 8.01 — Other Events filed; see Key Changes for terms.

1 Added
Added Cash dividend declaration medium

Added in current filing · verify on EDGAR →

On July 20, 2026, the Company announced a cash dividend of $0.30 per share of its outstanding common stock, payable on September 15, 2026, to stockholders of record on September 1, 2026.

Monarch Casino declared a quarterly cash dividend of $0.30 per share. Shareholders who own stock as of the September 1, 2026 record date will receive payment on September 15, 2026.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 22, 2026 · How we verify