# Monarch Posts Record Third-Quarter Net Revenue of $146.3 Million

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/42596
Published: 2026-10-28T13:01:59.000Z
Updated: 2026-10-28T13:01:59.000Z
Section: Business

> 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.