Las Vegas Sands Corp. (LVS) income statement
NYSE · Consumer Cyclical · Gambling, Resorts & Casinos · 41,250 employees · CEO Patrick Sydney Dumont
- Price
- $36.97 -0.20%
- Market cap
- $23.9B
- Enterprise value
- $36.5B
- Last report
- Q3 '26 filed 2026-10-23
- Next report
- 2027-01-27 EPS est. $0.77
Las Vegas Sands Corp. (LVS) reported revenue of $3.22B for Q3 '26 (-3.5% year on year), operating income of $618M (19.2% of revenue) and net income of $304M. Over the last four quarters revenue was $13.6B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.92B | $2.96B | $2.76B | $2.68B | $2.9B | $2.86B | $3.18B | $3.33B | $3.65B | $3.59B | $3.15B | $3.22B | |
| Cost of revenue | $1.43B | $1.46B | $1.42B | $1.41B | $1.48B | $1.45B | $1.54B | $1.67B | $1.88B | $1.84B | $1.35B | $1.75B | |
| Gross profit | $1.48B | $1.5B | $1.34B | $1.27B | $1.41B | $1.42B | $1.64B | $1.66B | $1.77B | $1.75B | $1.81B | $1.47B | |
| Research & development | $65M | $53M | $61M | $55M | $59M | $69M | $69M | $72M | $59M | $41M | $0 | $0 | |
| General & administrative | $287M | $286M | $268M | $293M | $303M | $273M | $292M | $308M | $315M | $302M | $331M | $421M | |
| Other operating expenses | $421M | $442M | $422M | $417M | $447M | $455M | $476M | $485M | $519M | $490M | $856M | $428M | |
| Operating expenses | $773M | $781M | $751M | $765M | $809M | $797M | $837M | $865M | $893M | $833M | $1.19B | $849M | |
| Operating income | $710M | $717M | $591M | $504M | $603M | $620M | $800M | $794M | $875M | $916M | $618M | $618M | |
| Interest income | $63M | $71M | $80M | $67M | $57M | $42M | $42M | $39M | $38M | $35M | $31M | $23M | |
| Interest expense | $190M | $182M | $186M | $179M | $180M | $174M | $194M | $187M | $191M | $188M | $189M | $186M | |
| Other non-operating income (gains on investments, FX ...) | -$72M | -$65M | -$91M | -$78M | -$38M | -$25M | -$3M | $25M | $133M | -$20M | -$32M | -$22M | |
| Total non-operating income | -$118M | -$117M | -$95M | -$101M | -$142M | -$149M | -$191M | -$212M | -$324M | -$168M | -$157M | -$164M | |
| Income before tax | $592M | $600M | $496M | $403M | $461M | $471M | $609M | $582M | $551M | $748M | $461M | $454M | |
| Income tax | $123M | $17M | $72M | $50M | $69M | $63M | $90M | $91M | $103M | $107M | -$88M | $102M | |
| Net income | $382M | $494M | $353M | $275M | $324M | $352M | $461M | $419M | $395M | $567M | $373M | $304M | |
| EPS (basic) | $0.50 | $0.66 | $0.48 | $0.38 | $0.45 | $0.49 | $0.66 | $0.61 | $0.59 | $0.85 | $0.53 | $0.48 | |
| EPS (diluted) | $0.50 | $0.66 | $0.48 | $0.38 | $0.45 | $0.49 | $0.66 | $0.61 | $0.58 | $0.85 | $0.53 | $0.48 | |
| Shares (basic, weighted) | 759M | 750M | 740M | 730M | 735M | 712M | 695M | 682M | 675M | 669M | 661M | 639M | |
| Shares (diluted, weighted) | 760M | 752M | 741M | 731M | 737M | 713M | 696M | 685M | 678M | 671M | 663M | 640M | |
| Depreciation & amortization | $348M | $336M | $330M | $339M | $363M | $377M | $391M | $389M | $383M | $393M | $371M | $361M | |
| EBITDA | $1.13B | $1.12B | $1.01B | $921M | $1B | $1.02B | $1.19B | $1.16B | $1.13B | $1.33B | $1.02B | $1B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.3B | $12.7B | $13.7B | $12.1B | $2.94B | $4.23B | $4.11B | $10.4B | $11.3B | $13B | |
| Cost of revenue | $5.69B | $6.33B | $6.97B | $6.1B | $2.12B | $2.63B | $2.46B | $5.21B | $5.78B | $6.54B | |
| Gross profit | $5.59B | $6.4B | $6.76B | $6.03B | $821M | $1.61B | $1.65B | $5.17B | $5.52B | $6.48B | |
| Research & development | $9M | $13M | $12M | $24M | $18M | $109M | $143M | $205M | $228M | $269M | |
| General & administrative | $1.29B | $1.42B | $1.48B | $1.12B | $798M | $831M | $936M | $1.11B | $1.15B | $1.19B | |
| Other operating expenses | $1.79B | $1.51B | $1.51B | $1.52B | $1.4B | $1.36B | $1.34B | $1.5B | $1.68B | $1.94B | |
| Operating expenses | $3.08B | $2.94B | $3B | $2.66B | $2.21B | $2.3B | $2.42B | $2.81B | $3.06B | $3.39B | |
| Operating income | $2.5B | $3.46B | $3.75B | $3.37B | -$1.39B | -$689M | -$770M | $2.36B | $2.47B | $3.09B | |
| Interest income | $10M | $16M | $59M | $74M | $21M | $4M | $116M | $288M | $275M | $161M | |
| Interest expense | $274M | $327M | $446M | $449M | $523M | $621M | $702M | $818M | $727M | $746M | |
| Other non-operating income (gains on investments, FX ...) | -$36M | $83M | -$21M | -$684M | -$40M | $164M | -$85M | -$238M | -$221M | $130M | |
| Total non-operating income | -$238M | -$410M | -$425M | $235M | -$483M | -$785M | -$617M | -$580M | -$506M | -$876M | |
| Income before tax | $2.26B | $3.05B | $3.33B | $3.6B | -$1.88B | -$1.47B | -$1.39B | $1.78B | $1.96B | $2.21B | |
| Income tax | $239M | -$209M | $375M | $432M | $24M | -$5M | $154M | $344M | $208M | $347M | |
| Net income | $1.68B | $2.81B | $2.41B | $2.7B | -$1.69B | -$961M | $1.83B | $1.22B | $1.45B | $1.63B | |
| EPS (basic) | $2.10 | $3.54 | $3.07 | $3.50 | -$1.89 | -$1.26 | $2.40 | $1.60 | $1.97 | $2.35 | |
| EPS (diluted) | $2.10 | $3.54 | $3.07 | $3.50 | -$1.89 | -$1.26 | $2.40 | $1.60 | $1.96 | $2.35 | |
| Shares (basic, weighted) | 795M | 792M | 786M | 771M | 764M | 764M | 764M | 763M | 735M | 691M | |
| Shares (diluted, weighted) | 795M | 792M | 786M | 771M | 764M | 764M | 764M | 765M | 737M | 693M | |
| Depreciation & amortization | $1.15B | $1.21B | $1.15B | $1.07B | $1.05B | $1.1B | $1.09B | $1.27B | $1.37B | $1.54B | |
| EBITDA | $3.69B | $4.59B | $4.92B | $5.12B | -$301M | $244M | $406M | $3.86B | $4.06B | $4.5B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02