MSC
Studio City International Holdings Ltd
NYSE: MSC · CONSUMER CYCLICAL · RESORTS & CASINOS
$2.35
-2.89% today
Updated 2026-04-30
Market cap
$485.32M
P/E ratio
—
P/S ratio
0.70x
EPS (TTM)
$-0.30
Dividend yield
—
52W range
$2 – $7
Volume
0.0M
Studio City International Holdings Ltd (MSC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.77M | $69.33M | $424.53M | $539.81M | $571.21M | $626.73M | $49.21M | $106.87M | $11.55M | $445.54M | $639.14M | $694.57M |
| Revenue growth (YoY) | — | +3823.8% | +512.3% | +27.2% | +5.8% | +9.7% | -92.1% | +117.2% | -89.2% | +3758.1% | +43.5% | +8.7% |
| Cost of revenue | $0.00 | $28.76M | $166.50M | $130.25M | $128.27M | $145.30M | $79.59M | $82.25M | $78.76M | $172.53M | $223.86M | $438.65M |
| Gross profit | $1.77M | $40.57M | $258.04M | $409.57M | $442.94M | $481.44M | $-30.39M | $24.62M | $-67.21M | $273.01M | $415.29M | $255.92M |
| Gross margin | 100.0% | 58.5% | 60.8% | 75.9% | 77.5% | 76.8% | -61.8% | 23.0% | -582.0% | 61.3% | 65.0% | 36.8% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $3.07M | $35.37M | $136.90M | $152.68M | $132.64M | $128.93M | $89.01M | $87.58M | $79.78M | $115.20M | $171.27M | $185.88M |
| Operating income | $-28.39M | $-189.28M | $-54.77M | $80.45M | $137.86M | $178.00M | $-279.93M | $-191.57M | $-277.22M | $-29.04M | $38.15M | $70.55M |
| Operating margin | -1606.4% | -273.0% | -12.9% | 14.9% | 24.1% | 28.4% | -568.9% | -179.3% | -2400.6% | -6.5% | 6.0% | 10.2% |
| EBITDA | $-16.25M | $-167.96M | $88.78M | $259.57M | $308.20M | $348.26M | $-140.97M | $-83.86M | $-141.61M | $152.80M | $240.18M | $282.56M |
| EBITDA margin | -919.9% | -242.2% | 20.9% | 48.1% | 54.0% | 55.6% | -286.5% | -78.5% | -1226.3% | 34.3% | 37.6% | 40.7% |
| EBIT | $-28.39M | $-208.92M | $-83.08M | $83.24M | $140.31M | $176.32M | $-301.30M | $-211.49M | $-268.57M | $-16.60M | $35.12M | $70.55M |
| Interest expense | $0.00 | $41.37M | $160.88M | $159.92M | $160.51M | $132.29M | $104.80M | $90.97M | $92.36M | $129.57M | $133.59M | $128.10M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-66.04M | $-232.56M | $-242.79M | $-76.44M | $-21.60M | $33.56M | $-321.63M | $-252.56M | $-326.45M | $-133.52M | $-96.73M | $-58.77M |
| Net income growth (YoY) | — | -252.2% | -4.4% | +68.5% | +71.7% | +255.4% | -1058.2% | +21.5% | -29.3% | +59.1% | +27.6% | +39.2% |
| Profit margin | -3737.2% | -335.4% | -57.2% | -14.2% | -3.8% | 5.4% | -653.6% | -236.3% | -2826.9% | -30.0% | -15.1% | -8.5% |