Studio City International Holdings Ltd. · NYSE:MSC
Studio City International — Q1 2026 Earnings Presentation
9 slides from Studio City International's earnings presentation, Apr 30, 2026
Slide 1: 1Q'26 Results Presentation
1Q’26 Results Presentation April 30, 2026
Slide 2: Disclaimer
Disclaimer Safe Harbor Statement This presentation contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Studio City International Holdings Limited (the “Company”) may also make forward-looking
Slide 3: Summary Financials
Summary Financials 3 months ended (US$ millions) Mar’26 Mar’25 % Change Total Operating Revenues 177 162 9.3% Revenue from casino contract 87 76 14.6% Non-Gaming 90 86 4.6% Total Operating Costs & Expenses (149) (146) (1.5%) Operating Income 28 15 83.6% Total Non-Operating Expenses, Net (22) (31) 29
Slide 4: Revenue and Adjusted EBITDA – 1Q'26
Revenue and Adjusted EBITDA – 1Q’26 Studio City International Holdings Total Operating Revenue and Studio City Adjusted EBITDA Breakdown (Trailing 12 Months, US$ million)(1)(2) Studio City Casino Gross Gaming Revenue (US$ million) 400 373.5 359.6 450 408 336.2 344.4 342.7 388 394 350 377 400 351 300
Slide 5: Key Operating Metrics – 1Q'26
Key Operating Metrics – 1Q’26 Adjusted EBITDA (US$ million)(1)(2)(3) Studio City Key Operating Metrics (US$m, unless otherwise 120.0 1Q’26 Vs. 4Q’25 Vs. 1Q’25 stated) 43% 45% 43% 40% 38% 100.0 Mass Table Drop 901 (3%) (2%) 78.1 80.0 80.0 76.4 Mass Table Hold (%) 36.9% 319 bps 410 bps 69.9 60.2 60.0
Slide 6: Balance Sheet
Balance Sheet Debt Maturity Profile as of March 31, 2026 (US$ million) Liquidity and Debt Positions as of March 31, 2026 (US$ million)(1) Liquidity Debt 1,400 2,172 2,172 2,062 87 1,170 2,030 2,020 1,200 1,933 1,000 130 800 217 600 500 400 350 87 200 Total Cash Availability Total 1Q'25 2Q'25 3Q'25 4
Slide 7: Appendices
MM tr tHE STUDIO CITY
Slide 8: Studio City
Studio City Add photo of Epic room Epic Tower Room Event Center Indoor Waterpark
Slide 9: Thank You
MM tr tHE STUDIO CITY
Studio City International Holdings — Q1 2026 Earnings Presentation on 6ix