The table below reconciles basic and diluted earnings per share of common stock. Diluted weighted-average common and common equivalent shares include adjustments for potential dilution of stock-based awards outstanding under the Company’s stock compensation plan. Antidilutive share-based awards excluded from the diluted earnings per share calculation are not material.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(In thousands)
Numerator:
Net income attributable to MGM Resorts International	$	292,433	$	48,951	$	417,569	$	197,505
Adjustment related to redeemable noncontrolling interests	(7,594)		31		(7,576)		(10)
Net income available to common stockholders – basic and diluted	$	284,839	$	48,982	$	409,993	$	197,495
Denominator:
Weighted-average common shares outstanding – basic	254,018		273,329		255,193		280,199
Potential dilution from stock-based awards	3,740		2,286		3,134		2,129
Weighted-average common and common equivalent shares – diluted	257,758		275,615		258,327		282,328