Add as a preferred source on GoogleMonarch Posts Record Third-Quarter Net Revenue of $146.3 Million
Adjusted EBITDA reached $56.018 million, while the Oct. 27 announcement named no target, deal terms or timetable for a potential transaction.
Monarch Casino & Resort posted record third-quarter net revenue of $146.265 million and adjusted EBITDA of $56.018 million for the quarter ended Sept. 30, 2026, while continuing to evaluate potential mergers and acquisitions.
Net revenue increased 2.4% from a year earlier. Net income rose 1.4% to $32.005 million, adjusted EBITDA climbed 2.1%, and diluted earnings per share gained 4.1% to $1.76.
The Oct. 27 announcement named no target, deal terms or timetable. Monarch said it believes a completed transaction could create additional long-term value for shareholders.
As of Sept. 30, the company had $137.4 million in cash and cash equivalents and no borrowings against its credit facility.
“In the third quarter of 2026, Monarch delivered record quarterly net revenue and adjusted EBITDA,” co-chairman and CEO John Farahi said.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.