Welcome to our dedicated page for Monarch Casino SEC filings (Ticker: MCRI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Monarch Casino & Resort, Inc. (MCRI) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. These documents offer detailed information on Monarch’s operations at Monarch Casino Resort Spa in Black Hawk, Colorado, and Atlantis Casino Resort Spa in Reno, Nevada, along with breakdowns of casino, food and beverage, hotel and other revenues.
Current reports (Form 8-K) for MCRI often include announcements of quarterly financial results and dividend declarations. For example, a Form 8-K dated October 21, 2025, notes that the company issued a press release reporting financial results for the third quarter ended September 30, 2025, and announced a cash dividend per share payable on a specified date to stockholders of record as of a stated record date. Other 8-K filings may address material events such as litigation outcomes and related financial impacts.
Annual and quarterly reports referenced in company news provide more extensive discussion of Monarch’s business, risk factors, segment performance and accounting treatments. These filings include information about casino revenue, food and beverage revenue, hotel revenue and operating expenses, as well as disclosures about capital expenditures on property upgrades at Atlantis and Monarch Black Hawk.
Monarch has also described the treatment of legal matters in its SEC reports. For instance, it reported that a judgment in litigation with PCL Construction Services, Inc. related to Monarch Casino Resort Spa Black Hawk was reflected as a Type I subsequent event in its Annual Report on Form 10-K, with an associated loss on litigation and balance sheet adjustment. Through Stock Titan, users can review such filings and use AI-powered summaries to understand the implications of these disclosures, including earnings results, dividend announcements and material legal developments affecting MCRI.
Monarch Casino & Resort CEO John Farahi reported a series of stock option exercises and related share withholdings. He exercised options to acquire 200,000 shares of common stock through multiple transactions coded “M”, converting derivative awards into regular shares.
To cover tax obligations, 114,748 shares of common stock were disposed of in a tax-withholding transaction coded “F” at $118.16 per share, a non-market sale to the company. Following these transactions, he holds 621,556 common shares directly and 2,521,415 shares indirectly in trusts.
Farahi also retains significant option holdings. Remaining “Options / Right to Buy” cover several tranches of 66,666–66,668 underlying shares each, with exercise prices ranging from $43.24 to $95.70 and expirations between 2029 and 2035, indicating continued long-term equity exposure.
Monarch Casino & Resort, Inc. reported strong first-quarter 2026 results, with net revenues of $136.6 million, up 8.9% from a year earlier. Net income rose to $27.6 million, and diluted earnings per share increased to $1.52 from $1.05.
Growth was broad-based: casino revenue increased 9.4%, food and beverage revenue grew 5.6%, and hotel revenue rose 13.5%, helped by more available rooms despite slightly lower ADR and occupancy. Operating margins improved as casino, food and beverage, and hotel expenses declined as a percentage of their respective revenues.
The company generated $48.5 million in operating cash flow and ended the quarter with $120.1 million in cash, no outstanding borrowings on its $100 million credit facility, and strong leverage and coverage ratios. Monarch repurchased 181,258 shares for $17.6 million and paid $5.4 million in dividends, while carrying a recorded liability of $78.5 million related to ongoing PCL construction litigation, which remains under appeal.
MONARCH CASINO & RESORT INC President Bob Farahi exercised stock options and settled related taxes in shares. On April 23, 2026, he exercised options covering 66,667 shares of common stock through derivative exercises coded "M".
To cover the exercise price or tax obligations, 51,175 shares of common stock were disposed of in a tax-withholding transaction coded "F" at $116.65 per share, which is not an open-market sale. After these transactions, he directly owns 197,178 common shares and indirectly holds 961,774 shares in trusts.
Farahi continues to hold option awards for 100,000 underlying shares of common stock with exercise prices of $69.15, $78.90, and $95.70, expiring between 2033 and 2035.
Monarch Casino & Resort, Inc. reported record first quarter 2026 results, with net revenue of $136.6 million, up 8.9% from 2025. Net income rose to $27.6 million, a 38.9% increase, while Adjusted EBITDA grew 19.0% to $49.0 million.
Casino, food and beverage, and hotel revenues all increased, and operating efficiencies lifted margins, including a record first quarter Adjusted EBITDA margin of 35.8%. Diluted EPS climbed to $1.52 from $1.05. The company ended the quarter with $120.1 million in cash and no borrowings on its credit facility.
Monarch returned capital by repurchasing 181,258 shares for $17.6 million and paying a $0.30 per share dividend in March. It also declared another quarterly cash dividend of $0.30 per share, payable June 15, 2026, as part of its $1.20 annual dividend plan.
Monarch Casino & Resort, Inc. is asking stockholders at its 2026 annual meeting to elect four directors and approve, on an advisory basis, executive compensation. Class A nominees John Farahi, Craig F. Sullivan and Paul Andrews would serve until 2028; Class B nominee Hope S. Taitz until 2027.
The proxy details a largely performance-based pay program for three named executives, using annual salary, cash bonuses and stock options. In 2025, Adjusted EBITDA reached $199.1 million versus a $196.3 million target, supporting cash bonuses of 30% of salary for the CEO and 20% for the president and CAO. Directors’ and executives’ group beneficial ownership is 26.34% of common stock as of March 30, 2026, and the filing describes related-party real-estate leases reviewed and approved by the Audit Committee as fair to the company.
The Vanguard Group filed Amendment No. 1 to a Schedule 13G/A reporting zero beneficial ownership of Monarch Casino & Resort Inc common stock. The filing states 0 shares (0%) beneficially owned after an internal realignment that disaggregated certain Vanguard subsidiaries per SEC Release No. 34-39538. The amendment is signed by Ashley Grim on 03/27/2026.
MONARCH CASINO & RESORT INC CEO and director John Farahi reported open-market sales of company common stock. On March 16, 2026, he sold 2,000 shares at $99.00 per share, and on March 10, 2026, he sold 1,000 shares at $97.43 per share.
After these transactions, Farahi directly owns 536,304 common shares. He also has indirect ownership of 2,521,415 common shares held in trusts, and holds multiple option grants over blocks of 66,666–66,668 shares each, with exercise prices between $23.08 and $95.70 expiring from 2026 through 2035. The reported sales represent a small portion of his overall holdings.
Monarch Casino & Resort, Inc. received Form 144 notices reporting proposed sales of Common stock by the John and Catherine Farahi Family Foundation. The excerpt lists two proposed dispositions of 1,000 shares each, dated 12/16/2025 and 03/10/2026.
The notices identify a broker relationship with Wells Fargo Clearing Services and reference Nasdaq-listed common stock. The filings are routine sale notices under Section 144 and do not by themselves indicate completed trades or proceeds.
The issuer filed a Rule 144 notice concerning 1,000 shares of Common Stock of Monarch Casino & Resort, Inc. The filing lists Wells Fargo Clearing Services as the broker and shows an associated date of 03/10/2026. A prior sale by the John and Catherine Farahi Family Foundation of 1,000 shares on 12/16/2025 is also recorded in the excerpt.
DAVENPORT & Co LLC reports beneficial ownership of 858,737 shares (4.8%) of Monarch Casino & Resort Inc common stock as shown in this Schedule 13G/A. The filing lists sole voting power of 838,739 shares and sole dispositive power of 858,637 shares, with the cover date 02/27/2026.
The filing is signed by Stefanie Boykin, Compliance Manager, on 03/04/2026, and is reported under the "Ownership of 5 Percent or Less of a Class" disclosure.