Las Vegas Sands (LVS) Financials: History & Chart

Las Vegas Sands Corp. (LVS)LVSLas Vegas Sands Corp.

About Las Vegas Sands Corp.

Las Vegas Sands Corporation, in conjunction with its various subsidiaries, specializes in the development, ownership, and ongoing management of comprehensive integrated resort properties across both Asian and United States markets. The company maintains a significant portfolio of establishments in Macao, People's Republic of China, including The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao (which encompasses the Four Seasons Hotel Macao, Cotai Strip), and the Sands Macao. Furthermore, its Asian operations extend to Singapore, where it presides over the iconic Marina Bay Sands. Domestically, Las Vegas Sands also operates key assets within Las Vegas, Nevada: The Venetian Resort Hotel Casino, prominently situated on the renowned Las Vegas Strip, and the Sands Expo and Convention Center. These expansive integrated resorts are meticulously designed to offer a full spectrum of guest experiences, boasting luxurious accommodations, extensive gaming facilities, diverse entertainment venues, high-end retail shopping complexes, state-of-the-art convention and exhibition spaces, gourmet restaurants helmed by celebrity chefs, and numerous other guest conveniences. Established in 1988, Las Vegas Sands Corp. maintains its corporate headquarters in Las Vegas, Nevada.

Las Vegas, NV

39,900 employees

www.sands.com

Consumer Cyclical / Gambling, Resorts & Casinos

Sector: Consumer Cyclical
Industry: Gambling, Resorts & Casinos
CEO: Patrick Dumont

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	13.72B	3.15B	3.58B	3.65B	3.33B	3.17B	2.86B	2.90B	2.68B
Cost of Goods Sold	7.22B	1.84B	1.84B	1.88B	1.67B	1.54B	1.45B	1.48B	1.41B
Gross Profit	3.43B	-1.75B	1.75B	1.77B	1.66B	1.64B	1.42B	1.41B	1.27B
Gross Profit Margin	25.0%	-55.5%	48.8%	48.5%	49.8%	51.6%	49.5%	48.8%	47.3%
Total Operating Expenses	2.93B	343.00M	833.00M	893.00M	865.00M	837.00M	797.00M	809.00M	765.00M
Research & Development	213.00M	41.00M	41.00M	59.00M	72.00M	69.00M	69.00M	59.00M	55.00M
Selling, General & Administrative	1.23B	302.00M	302.00M	315.00M	308.00M	292.00M	273.00M	303.00M	293.00M
Operating Income (EBIT)	3.19B	606.00M	916.00M	875.00M	794.00M	800.00M	620.00M	603.00M	504.00M
Operating Margin	23.3%	19.2%	25.6%	24.0%	23.8%	25.2%	21.7%	20.8%	18.8%
Income Before Tax (EBT)	2.34B	461.00M	748.00M	551.00M	582.00M	609.00M	471.00M	461.00M	403.00M
Interest Income	143.00M	31.00M	35.00M	38.00M	39.00M	42.00M	42.00M	57.00M	67.00M
Interest Expense	1.00M	-565.00M	188.00M	191.00M	187.00M	194.00M	174.00M	180.00M	179.00M
Other Income/Expense	-849.00M	-145.00M	-168.00M	-324.00M	-212.00M	-191.00M	-149.00M	-142.00M	-101.00M
Net Income	2.14B	763.00M	567.00M	395.00M	419.00M	461.00M	352.00M	324.00M	275.00M
Income Tax Expense	-1.00M	-302.00M	107.00M	103.00M	91.00M	90.00M	63.00M	69.00M	50.00M
Net Profit Margin	15.6%	24.2%	15.8%	10.8%	12.6%	14.5%	12.3%	11.2%	10.3%
EBITDA	4.67B	935.00M	1.29B	1.26B	1.18B	1.19B	997.00M	966.00M	843.00M
EBITDA Margin	34.0%	29.6%	36.1%	34.5%	35.5%	37.5%	34.8%	33.4%	31.4%
Depreciation & Amortization	1.48B	329.00M	378.00M	383.00M	389.00M	391.00M	377.00M	363.00M	339.00M
EPS Basic	2.58	0.53	0.85	0.59	0.61	0.66	0.49	0.45	0.38
EPS Diluted	2.57	0.53	0.85	0.58	0.61	0.66	0.49	0.45	0.38
Shares Outstanding	661.00M	661.00M	669.00M	675.00M	682.00M	695.00M	712.00M	735.00M	730.00M
Diluted Shares Outstanding	663.00M	663.00M	671.00M	678.00M	685.00M	696.00M	713.00M	737.00M	731.00M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	13.02B	11.30B	10.37B	4.11B	4.23B	2.94B	12.13B	13.73B
Cost of Goods Sold	6.54B	5.78B	5.21B	2.46B	2.63B	2.12B	6.10B	6.97B
Gross Profit	6.48B	5.52B	5.17B	1.65B	1.61B	821.00M	6.03B	6.75B
Gross Profit Margin	49.8%	48.9%	49.8%	40.1%	38.0%	27.9%	49.7%	49.2%
Total Operating Expenses	3.39B	3.06B	2.81B	2.42B	2.30B	2.21B	2.66B	3.00B
Research & Development	269.00M	228.00M	205.00M	143.00M	109.00M	18.00M	24.00M	12.00M
Selling, General & Administrative	1.19B	1.15B	1.11B	936.00M	831.00M	798.00M	1.12B	1.48B
Operating Income (EBIT)	3.09B	2.47B	2.35B	-770.00M	-689.00M	-1.39B	3.37B	3.75B
Operating Margin	23.7%	21.8%	22.7%	-18.7%	-16.3%	-47.4%	27.7%	27.3%
Income Before Tax (EBT)	2.21B	1.96B	1.77B	-1.39B	-1.47B	-1.88B	3.60B	3.33B
Interest Income	161.00M	275.00M	288.00M	116.00M	4.00M	21.00M	74.00M	59.00M
Interest Expense	746.00M	727.00M	818.00M	702.00M	621.00M	523.00M	449.00M	446.00M
Other Income/Expense	-876.00M	-506.00M	-580.00M	-617.00M	-785.00M	-483.00M	235.00M	-425.00M
Net Income	1.63B	1.45B	1.22B	1.83B	-961.00M	-1.69B	2.70B	2.41B
Income Tax Expense	347.00M	208.00M	344.00M	154.00M	-5.00M	24.00M	432.00M	375.00M
Net Profit Margin	12.5%	12.8%	11.8%	44.6%	-22.7%	-57.3%	22.2%	17.6%
EBITDA	4.63B	3.83B	3.62B	321.00M	408.00M	-341.00M	4.44B	4.90B
EBITDA Margin	35.6%	33.9%	34.9%	7.8%	9.6%	-11.6%	36.6%	35.7%
Depreciation & Amortization	1.54B	1.37B	1.27B	1.09B	1.10B	1.05B	1.07B	1.15B
EPS Basic	2.35	1.97	1.60	-1.40	-1.26	-1.89	3.50	3.07
EPS Diluted	2.35	1.96	1.60	-1.40	-1.51	-1.89	3.50	3.07
Shares Outstanding	691.00M	735.00M	763.00M	764.00M	764.00M	764.00M	771.00M	786.00M
Diluted Shares Outstanding	693.00M	737.00M	765.00M	764.00M	764.00M	764.00M	771.00M	786.00M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.