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MONARCH CASINO & RESORT INC (MCRI) Annual Reports

Q: Where can I read MONARCH CASINO & RESORT INC (MCRI) annual reports?

Every year on this page links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser. 3 filings are currently indexed.

Q: What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer; a 20-F is filed by foreign private issuers (Taiwanese companies with US ADRs, such as TSMC, file 20-F). A 40-F applies to Canadian issuers under the MJDS.

MONARCH CASINO & RESORT INC is listed on Nasdaq, classified by the SEC under Hotels & Motels (SIC 7011). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： Nasdaq
Fiscal year end： 12/31
SEC CIK： 907242 →

Website：Official site ↗

Financial Highlights

FY2026 Q1 (quarterly, ended 2026-03-31)
	Current	Prior year	YoY
Revenue	$136.6M	$125.4M	+8.9%
Net income	$27.6M	$19.9M	+38.9%
EPS (diluted)	$1.52	$1.05	+44.8%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 137 mn Net income 27.6 mn

Show table：Income statement

Item	2010Q2	2010Q4	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q4	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1
Revenue	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	264	65.2	70.2	75.4	56.1	56.3	59.9	64.4	59.8	58.7	62.8	65.6	62.1	51.0	15.2	59.9	58.4	75.0	97.7	112	111	108	115	134	121	117	124	133	128	122	128	138	135	125	137	143	140	137
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	38.5	7.73	11.6	13.3	8.14	8.56	11.3	13.9	9.06	8.72	11.6	11.5	7.70	2.11	-5.48	13.4	5.21	11.3	23.8	29.0	25.8	21.4	25.7	36.4	28.1	23.2	29.7	31.9	25.4	23.8	29.5	35.3	3.90	25.3	34.9	38.2	29.1	35.0
Operating income	4.46	0.95	5.67	0.15	1.29	2.85	3.38	6.87	2.87	7.18	10.2	8.94	4.16	5.33	5.47	6.67	4.75	6.47	8.05	10.1	7.99	7.16	8.95	12.3	10.2	7.73	11.6	13.3	8.14	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net income	2.66	—	3.56	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	20.7	4.58	5.70	7.83	6.47	4.87	7.24	9.03	4.40	6.74	9.24	10.9	7.26	7.02	9.28	9.33	6.20	2.02	-4.35	10.8	15.3	8.15	18.1	22.3	19.9	18.1	19.4	27.5	22.4	17.7	22.4	24.2	18.2	18.3	22.7	27.6	4.21	19.9	27.0	31.6	22.9	27.6

Balance sheet

Quarterly · In mn (USD)

Total assets 725 mn Total liabilities 175 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2010Q2	2010Q4	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q4	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1
Current assets	—	23.0	19.1	23.7	24.9	22.9	24.7	25.2	31.9	32.6	30.2	30.9	34.0	31.5	32.1	33.3	34.3	30.2	33.2	32.9	31.8	28.4	31.6	31.7	39.4	36.0	37.0	42.2	46.0	43.0	40.1	49.6	46.7	37.5	41.1	46.0	79.2	55.9	56.6	50.3	73.2	69.5	75.2	75.8	84.1	79.0	80.3	82.0	89.4	57.0	61.9	62.7	75.0	66.5	61.0	68.3	90.4	103	103	134	129	147
Total assets	—	180	171	171	180	176	249	248	248	246	243	243	245	242	242	243	252	252	258	265	275	277	281	285	295	300	305	322	332	343	373	426	455	497	533	565	611	594	598	599	672	665	667	672	690	691	694	689	693	664	665	664	681	677	672	671	692	712	706	725	713	725
Current liabilities	—	24.3	37.9	21.1	23.3	23.1	26.5	26.5	26.2	29.3	24.7	25.6	26.8	27.4	25.2	26.6	29.1	28.2	27.2	31.8	70.9	67.6	30.0	29.9	35.1	34.0	30.7	36.1	39.4	47.7	55.7	63.9	59.5	60.6	64.4	61.6	79.5	62.7	61.0	59.6	109	116	124	135	141	134	131	141	118	113	107	117	123	130	136	120	146	149	140	140	150	151
Total liabilities	—	57.1	42.2	41.2	49.1	43.2	115	109	107	101	89.5	81.8	80.6	76.3	74.1	70.0	75.3	70.2	69.4	69.7	70.9	67.6	65.0	59.8	61.3	60.2	56.9	62.3	65.6	73.9	92.6	133	154	186	212	232	270	250	257	246	304	285	266	248	242	226	207	173	154	200	183	162	168	168	174	158	174	176	167	167	175	175
Equity	—	123	129	130	131	132	135	139	141	145	153	161	164	166	168	173	177	182	189	195	204	209	216	225	234	240	248	260	266	269	281	293	301	310	321	333	341	344	340	354	368	380	401	424	448	465	486	515	539	463	482	502	513	509	498	513	518	536	539	558	538	550

Cash flow

Quarterly · In mn (USD)

Operating 48.5 mn Investing -7.49 mn Financing -17.4 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2010Q2	2010Q4	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q4	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1
Operating	8.81	9.23	5.84	7.30	4.99	4.73	6.56	9.39	5.37	11.8	7.18	9.33	7.72	7.85	6.26	8.68	8.46	8.24	6.66	13.5	9.81	10.8	6.37	12.1	14.6	10.3	7.99	16.4	14.7	13.0	15.4	16.5	13.8	13.5	18.2	16.3	15.3	-7.47	-2.55	29.3	12.2	21.9	33.4	41.1	31.8	35.4	25.2	45.6	33.6	61.5	26.4	46.5	38.6	38.3	24.3	40.3	37.8	36.5	34.1	56.0	38.1	48.5
Investing	-2.57	-2.87	-1.09	-5.17	-9.76	-1.44	-70.4	-2.85	-2.37	-2.37	-2.94	-2.90	-4.13	-3.76	-5.55	-2.86	-7.68	-7.35	-7.39	-9.91	-13.4	-8.46	-6.35	-5.01	-5.07	-12.2	-8.31	-13.8	-12.4	-12.8	-28.4	-41.3	-43.2	-36.1	-37.5	-37.1	-24.2	-13.7	-8.85	-13.8	-10.1	-5.93	-5.98	-9.76	-16.1	-22.1	-13.2	-5.30	-7.44	-15.2	-10.4	-9.00	-16.6	-17.9	-12.8	-3.72	-9.40	-16.0	-12.4	-5.45	-3.34	-7.49
Financing	-10.7	-3.40	-5.00	-1.24	7.45	-5.70	69.0	-5.90	-0.96	-9.30	-5.69	-6.69	-1.77	-6.33	-0.64	-5.47	3.29	-4.00	2.11	-4.23	5.49	-5.05	0.87	-6.87	-2.55	—	—	—	—	—	10.8	32.3	25.2	16.0	22.0	23.3	40.4	—	10.4	-23.3	-4.33	-20.1	-23.2	-26.6	-15.2	-13.8	-14.6	-37.7	-20.5	-50.7	-15.3	-38.7	-12.6	-24.3	-17.5	-30.7	-9.02	-4.10	-25.3	-14.5	-46.0	-17.4
Cash at period end	10.0	13.8	10.0	10.9	13.6	11.2	16.4	17.0	19.0	19.2	17.8	17.5	19.3	17.1	17.2	17.5	21.6	18.5	19.9	19.2	21.2	18.4	19.3	19.4	26.4	24.5	24.2	26.8	29.1	29.4	27.1	34.7	30.5	23.8	26.5	29.1	60.5	39.4	38.3	30.5	28.3	24.1	28.3	33.0	33.5	33.1	30.6	33.1	38.8	34.4	35.1	33.9	43.4	39.5	33.5	39.4	58.8	75.1	71.6	108	96.5	120

Profitability

Quarterly · %

Gross margin 25.6% Operating margin 14.5% Net margin 20.2%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2010Q2	2010Q4	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q4	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	14.6%	11.8%	16.5%	17.6%	14.5%	15.2%	18.9%	21.5%	15.2%	14.8%	18.5%	17.6%	12.4%	4.1%	-36.2%	22.4%	8.9%	15.1%	24.3%	26.0%	23.2%	19.7%	22.3%	27.2%	23.3%	19.9%	24.0%	24.0%	19.8%	19.6%	23.0%	25.6%	2.9%	20.2%	25.5%	26.7%	20.8%	25.6%
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	3.9%	11.8%	16.5%	17.6%	14.5%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2.5%	7.5%	10.3%	12.0%	7.8%	12.0%	15.4%	16.9%	12.1%	11.9%	14.8%	14.2%	10.0%	4.0%	-28.7%	17.9%	26.1%	10.9%	18.6%	20.0%	17.9%	16.7%	16.9%	20.6%	18.6%	15.2%	18.1%	18.2%	14.2%	15.0%	17.7%	20.0%	3.1%	15.8%	19.7%	22.1%	16.4%	20.2%

Returns & leverage

Quarterly · %

ROE 20.1% ROA 15.2% Debt ratio 24.2%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2010Q2	2010Q4	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q4	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	18.4%	11.2%	11.1%	11.4%	11.4%	10.2%	10.8%	11.1%	11.3%	12.0%	11.9%	11.4%	10.5%	9.9%	8.2%	4.0%	4.3%	6.7%	8.2%	14.1%	16.4%	16.8%	18.6%	18.0%	18.1%	17.7%	18.7%	18.6%	17.0%	15.7%	17.1%	17.0%	17.1%	14.1%	14.2%	15.2%	15.4%	19.2%	20.1%
ROA	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	14.1%	8.6%	8.6%	9.0%	9.1%	8.1%	8.5%	8.7%	8.3%	8.7%	8.2%	7.6%	6.6%	6.0%	4.9%	2.3%	2.5%	3.7%	4.7%	8.3%	10.1%	10.1%	11.6%	11.7%	12.5%	12.7%	12.8%	13.3%	12.8%	12.0%	12.4%	12.5%	13.0%	10.6%	10.7%	11.4%	11.8%	14.4%	15.2%
Debt ratio	—	31.8%	24.6%	24.1%	27.3%	24.6%	46.0%	43.9%	43.2%	41.0%	36.9%	33.8%	33.0%	31.5%	30.6%	28.9%	29.9%	27.9%	26.9%	26.3%	25.8%	24.4%	23.1%	21.0%	20.8%	20.1%	18.7%	19.3%	19.8%	21.5%	24.8%	31.3%	33.8%	37.5%	39.8%	41.1%	44.1%	42.1%	43.0%	41.0%	45.2%	42.9%	39.9%	36.9%	35.1%	32.7%	29.9%	25.2%	22.2%	30.2%	27.6%	24.4%	24.6%	24.9%	25.9%	23.5%	25.1%	24.8%	23.6%	23.0%	24.6%	24.2%

EPS

Quarterly · US$

EPS US$1.52

Show table：EPS

Item	2010Q2	2010Q4	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q4	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1
EPS（US$）	0.16	0.03	0.22	0.00	0.03	0.10	0.11	0.25	0.08	0.26	0.37	0.32	0.12	0.19	0.18	0.24	0.22	0.24	0.29	0.37	0.29	0.26	0.32	0.45	0.36	0.27	0.40	0.49	0.23	0.36	0.50	0.58	0.39	0.38	0.50	0.50	0.33	0.11	-0.24	0.57	0.81	0.42	0.93	1.15	1.02	0.92	0.99	1.41	1.14	0.90	1.14	1.23	0.93	0.93	1.19	1.47	0.24	1.05	1.44	1.69	1.25	1.52

Revenue & profit

Year-to-date · In mn (USD)

Revenue 137 mn Net income 27.6 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (USD)

Total assets 725 mn Total liabilities 175 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (USD)

Operating 48.5 mn Investing -7.49 mn Financing -17.4 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 25.6% Operating margin 15.2% Net margin 20.2%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE 20.1% ROA 15.2% Debt ratio 24.2%

EPS

Year-to-date · US$

EPS US$1.52

Revenue & profit

Annual · In mn (USD)

Revenue 545 mn Net income 101 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2012	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	—	—	—	—	—	240	249	184	395	478	501	522	545
Gross profit	—	—	—	—	—	42.8	39.6	15.3	89.9	111	110	92.5	128
Operating income	16.0	30.5	22.2	32.6	38.5	—	—	—	—	—	—	—	—
Net income	—	—	—	—	24.6	34.1	31.8	23.7	68.5	87.5	82.5	72.8	101

Balance sheet

Annual · In mn (USD)

Total assets 713 mn Total liabilities 175 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2012	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024	2025
Current assets	31.9	34.0	34.3	31.8	39.4	46.7	79.2	73.2	84.1	89.4	75.0	90.4	129
Total assets	248	245	252	275	295	455	611	672	690	693	681	692	713
Current liabilities	26.2	26.8	29.1	70.9	35.1	59.5	79.5	109	141	118	123	146	150
Total liabilities	107	80.6	75.3	70.9	61.3	154	270	304	242	154	168	174	175
Equity	141	164	177	204	234	301	341	368	448	539	513	518	538

Cash flow

Annual · In mn (USD)

Operating 165 mn Investing -37.2 mn Financing -89.9 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2012	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024	2025
Operating	26.1	36.1	31.3	38.2	43.7	58.8	63.3	31.4	128	140	173	141	165
Investing	-77.1	-12.3	-19.8	-38.0	-24.9	-126	-135	-46.4	-37.8	-48.0	-51.2	-43.8	-37.2
Financing	56.5	-23.4	-9.15	-0.63	-13.6	—	102	—	-85.1	-86.5	-117	-81.5	-89.9
Cash at period end	19.0	19.3	21.6	21.2	26.4	30.5	60.5	28.3	33.5	38.8	43.4	58.8	96.5

Profitability

Annual · %

Gross margin 23.4% Net margin 18.6%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2012	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024	2025
Gross margin	—	—	—	—	—	17.8%	15.9%	8.3%	22.7%	23.3%	22.0%	17.7%	23.4%
Net margin	—	—	—	—	—	14.2%	12.8%	12.8%	17.3%	18.3%	16.4%	13.9%	18.6%

Returns & leverage

Annual · %

ROE 19.2% ROA 14.4% Debt ratio 24.6%

Show table：Returns & leverage

Item	2012	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024	2025
ROE	—	—	—	—	11.2%	12.8%	9.9%	6.7%	16.8%	17.7%	15.7%	14.1%	19.2%
ROA	—	—	—	—	8.6%	9.1%	6.0%	3.7%	10.1%	12.7%	12.0%	10.6%	14.4%
Debt ratio	43.2%	33.0%	29.9%	25.8%	20.8%	33.8%	44.1%	45.2%	35.1%	22.2%	24.6%	25.1%	24.6%

EPS

Annual · US$

EPS US$5.43

Show table：EPS

Item	2012	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024	2025
EPS（US$）	0.54	1.07	0.83	1.19	1.39	1.83	1.71	1.25	3.52	4.46	4.20	3.83	5.43

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
2025	Open full text →
2024	Open full text →
2023	Open full text →

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read MONARCH CASINO & RESORT INC (MCRI) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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