Las Vegas Sands Corp.
LVSNYSECIK 1300514Consumer Cyclical / Hotels & Leisurefiscal year ends December72 quarters since 2008
Latest quarter Q3 FY2026, filed October 23, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
The last 16 quarters
Q4 FY2022 to Q3 FY2026, through the filing of October 23, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q3 FY2026 filed October 23, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 23, 2026 | Q2 FY2026ended Jun 30, 2026filed Jul 24, 2026 | Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 6, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 25, 2025 | Q1 FY2025ended Mar 31, 2025filed Apr 25, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 7, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,216 | 3,154 | 3,585 | 3,649 | 3,331 | 3,175 | 2,862 | 2,896 | −3.5% |
| Cost of revenue | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Research and development | 37 | 43 | 41 | 59 | 72 | 69 | 69 | 59 | −48.6% |
| Selling, general and administrative | 333 | 331 | 302 | 315 | 308 | 292 | 273 | 303 | +8.1% |
| Operating income | 618 | 618 | 904 | 707 | 719 | 783 | 609 | 590 | −14.0% |
| Other income (expense) | (1) | 1 | (3) | (3) | 11 | (22) | (1) | (6) | −109.1% |
| Pretax income | 454 | 461 | 748 | 551 | 582 | 609 | 471 | 461 | −22.0% |
| Income tax | 102 | 88 | 107 | 103 | 91 | 90 | 63 | 69 | +12.1% |
| Net income | 304 | 346 | 567 | 395 | 419 | 461 | 352 | 324 | −27.4% |
| Diluted EPS ($) | 0.48 | 0.53 | 0.85 | 0.58 | 0.61 | 0.66 | 0.49 | 0.45 | −21.3% |
| Diluted shares (millions) | 640 | 656 | 671 | — | 685 | 696 | 713 | — | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q3 FY2026 filed October 23, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 23, 2026 | Q2 FY2026ended Jun 30, 2026filed Jul 24, 2026 | Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 6, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 25, 2025 | Q1 FY2025ended Mar 31, 2025filed Apr 25, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 7, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2,858 | 3,376 | 3,330 | 3,841 | 3,353 | 3,450 | 3,036 | 3,650 | −14.8% |
| Short-term investments | — | — | — | — | — | — | — | — | — |
| Total current assets | 3,819 | 4,297 | 4,266 | 4,832 | 4,152 | 4,263 | 3,721 | 4,290 | −8.0% |
| Total assets | 19,418 | 19,909 | 21,176 | 21,920 | 21,502 | 21,850 | 21,247 | 20,666 | −9.7% |
| Total current liabilities | 4,621 | 4,311 | 4,633 | 4,222 | 4,671 | 3,501 | 6,255 | 5,801 | −1.1% |
| Long-term debt | — | — | — | — | — | — | — | — | — |
| Total liabilities | 19,533 | 19,012 | 19,568 | 19,986 | 19,635 | 19,568 | 18,214 | 17,506 | −0.5% |
| Stockholders’ equity | (344) | 581 | 1,198 | 1,590 | 1,571 | 1,991 | 2,699 | 2,884 | −121.9% |
| Shares outstanding (millions) | 627 | 648 | 663 | 672 | 676 | 686 | 707 | 716 | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q3 FY2026 filed October 23, 2026.
| Millions of dollars | Q3 FY2026ended Sep 30, 2026filed Oct 23, 2026 | Q2 FY2026ended Jun 30, 2026filed Jul 24, 2026 | Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 6, 2026 | Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025 | Q2 FY2025ended Jun 30, 2025filed Jul 25, 2025 | Q1 FY2025ended Mar 31, 2025filed Apr 25, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 7, 2025 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 870 | 682 | 731 | 1,204 | 1,115 | 178 | 526 | 915 | −22.0% |
| Capital expenditures | 281 | 332 | 194 | 274 | 229 | 286 | 379 | 547 | +22.7% |
| Free cash flow (CFO − capex) | 589 | 350 | 537 | 930 | 886 | (108) | 147 | 368 | −33.5% |
| Depreciation and amortization | 340 | 350 | 357 | 363 | 368 | 371 | 362 | 348 | −7.6% |
| Share repurchases | 950 | 788 | 753 | 501 | 500 | 800 | 416 | 450 | +90.0% |
| Dividends paid | 193 | 328 | 202 | 169 | 239 | 246 | 179 | 145 | −19.2% |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2025 filed February 6, 2026.
Income statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 6, 2026 | FY2024ended Dec 31, 2024filed Feb 7, 2025 | FY2023ended Dec 31, 2023filed Feb 7, 2024 | FY2022ended Dec 31, 2022filed Feb 3, 2023 | FY2021ended Dec 31, 2021filed Feb 4, 2022 | FY2020ended Dec 31, 2020filed Feb 5, 2021 | FY2019ended Dec 31, 2019filed Feb 7, 2020 | FY2018ended Dec 31, 2018filed Feb 22, 2019 | FY2017ended Dec 31, 2017filed Feb 23, 2018 | FY2016ended Dec 31, 2016filed Feb 24, 2017 | FY2015ended Dec 31, 2015filed Feb 26, 2016 | FY2014ended Dec 31, 2014filed Feb 27, 2015 | FY2013ended Dec 31, 2013filed Feb 28, 2014 | FY2012ended Dec 31, 2012filed Mar 1, 2013 | FY2011ended Dec 31, 2011filed Feb 29, 2012 | FY2010ended Dec 31, 2010filed Mar 30, 2011 | FY2009ended Dec 31, 2009filed Aug 9, 2010 | FY2008ended Dec 31, 2008filed Aug 9, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13,017 | 11,298 | 10,372 | 4,110 | 4,234 | 2,940 | 12,127 | 13,729 | 12,728 | 11,271 | 11,688 | 14,584 | 13,770 | 11,131 | 9,411 | 6,853 | 4,563 | 4,390 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | 269 | 228 | 205 | 143 | 109 | — | — | — | — | — | — | — | — | — | — | 2 | 1 | 13 |
| Selling, general and administrative | 1,188 | 1,150 | 1,107 | 936 | 831 | 798 | 1,118 | 1,483 | 1,417 | 1,287 | 1,267 | 1,258 | 1,330 | 1,062 | 837 | 683 | 526 | 551 |
| Operating income | 2,818 | 2,402 | 2,313 | (792) | (689) | (1,393) | 3,365 | 3,751 | 3,464 | 2,502 | 2,841 | 4,099 | 3,408 | 2,311 | 2,390 | 1,181 | (29) | 164 |
| Other income (expense) | (15) | 10 | (8) | (9) | (31) | 19 | 56 | 26 | (94) | 31 | 31 | 2 | 4 | 6 | (4) | (8) | (10) | 19 |
| Pretax income | 2,213 | 1,960 | 1,775 | (1,387) | (1,474) | (1,876) | 3,600 | 3,326 | 3,054 | 2,264 | 2,622 | 3,833 | 3,144 | 2,063 | 2,095 | 856 | (373) | — |
| Income tax | 347 | 208 | 344 | 154 | (5) | 24 | 432 | 375 | (209) | 239 | 236 | 245 | 189 | 181 | 212 | 74 | (4) | (60) |
| Net income | 1,627 | 1,446 | 1,221 | 1,832 | (961) | (1,685) | 2,698 | 2,413 | 2,808 | 1,679 | 1,966 | 2,841 | 2,306 | 1,524 | 1,560 | 599 | (354) | (164) |
| Diluted EPS ($) | 2.35 | 1.96 | 1.60 | 2.40 | (1.26) | (2.21) | 3.50 | 3.07 | 3.55 | 2.11 | 2.47 | 3.52 | 2.79 | 1.85 | 1.56 | 0.51 | (0.82) | (0.48) |
| Diluted shares (millions) | 693 | 737 | 765 | 764 | 764 | 764 | 771 | 786 | 792 | 795 | 798 | 808 | 826 | 825 | 812 | 792 | 657 | 392 |
Balance sheet
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 6, 2026 | FY2024ended Dec 31, 2024filed Feb 7, 2025 | FY2023ended Dec 31, 2023filed Feb 7, 2024 | FY2022ended Dec 31, 2022filed Feb 3, 2023 | FY2021ended Dec 31, 2021filed Feb 4, 2022 | FY2020ended Dec 31, 2020filed Feb 5, 2021 | FY2019ended Dec 31, 2019filed Feb 7, 2020 | FY2018ended Dec 31, 2018filed Feb 22, 2019 | FY2017ended Dec 31, 2017filed Feb 23, 2018 | FY2016ended Dec 31, 2016filed Feb 24, 2017 | FY2015ended Dec 31, 2015filed Feb 26, 2016 | FY2014ended Dec 31, 2014filed Feb 27, 2015 | FY2013ended Dec 31, 2013filed Feb 28, 2014 | FY2012ended Dec 31, 2012filed Mar 1, 2013 | FY2011ended Dec 31, 2011filed Feb 29, 2012 | FY2010ended Dec 31, 2010filed Mar 30, 2011 | FY2009ended Dec 31, 2009filed Aug 9, 2010 | FY2008ended Dec 31, 2008filed Aug 9, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 3,841 | 3,650 | 5,105 | 6,311 | 1,854 | 2,082 | 4,226 | 4,648 | 2,419 | 2,128 | 2,179 | 3,506 | 3,600 | 2,513 | 3,903 | 3,037 | 4,955 | 3,038 |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 4,832 | 4,290 | 5,777 | 6,744 | 5,510 | 5,707 | 5,305 | 5,566 | 3,197 | 3,098 | 3,609 | 5,190 | 5,516 | 4,478 | 5,397 | 4,059 | 5,624 | — |
| Total assets | 21,920 | 20,666 | 21,778 | 22,039 | 20,059 | 20,807 | 23,199 | 22,547 | 20,687 | 20,469 | 20,863 | 22,207 | 22,724 | 22,164 | 22,244 | 21,044 | 20,572 | 17,144 |
| Total current liabilities | 4,222 | 5,801 | 4,422 | 3,902 | 2,565 | 2,816 | 3,224 | 3,157 | 2,956 | 2,806 | 2,464 | 2,700 | 3,130 | 2,623 | 2,499 | 2,600 | 1,839 | — |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 10,033 | — | — | — |
| Total liabilities | 19,986 | 17,506 | 17,674 | 18,383 | 17,811 | 17,269 | 16,692 | 15,802 | 13,060 | 12,973 | 12,445 | 13,333 | 13,224 | 13,505 | 12,805 | 12,610 | 13,221 | — |
| Stockholders’ equity | 1,590 | 2,884 | 4,118 | 3,881 | 1,996 | 2,973 | 5,187 | 5,684 | 6,486 | 6,177 | 6,817 | 7,214 | 7,665 | 7,062 | 7,851 | 6,663 | 5,851 | — |
| Shares outstanding (millions) | 672 | 716 | 754 | 764 | 764 | 764 | 764 | 775 | 789 | 794 | 795 | 799 | 813 | 824 | 734 | 729 | — | — |
Cash flow statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 6, 2026 | FY2024ended Dec 31, 2024filed Feb 7, 2025 | FY2023ended Dec 31, 2023filed Feb 7, 2024 | FY2022ended Dec 31, 2022filed Feb 3, 2023 | FY2021ended Dec 31, 2021filed Feb 4, 2022 | FY2020ended Dec 31, 2020filed Feb 5, 2021 | FY2019ended Dec 31, 2019filed Feb 7, 2020 | FY2018ended Dec 31, 2018filed Feb 22, 2019 | FY2017ended Dec 31, 2017filed Feb 23, 2018 | FY2016ended Dec 31, 2016filed Feb 24, 2017 | FY2015ended Dec 31, 2015filed Feb 26, 2016 | FY2014ended Dec 31, 2014filed Feb 27, 2015 | FY2013ended Dec 31, 2013filed Feb 28, 2014 | FY2012ended Dec 31, 2012filed Mar 1, 2013 | FY2011ended Dec 31, 2011filed Feb 29, 2012 | FY2010ended Dec 31, 2010filed Mar 30, 2011 | FY2009ended Dec 31, 2009filed Aug 9, 2010 | FY2008ended Dec 31, 2008filed Aug 9, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,023 | 3,204 | 3,227 | — | — | (1,312) | 3,038 | 4,701 | 4,543 | 4,044 | — | — | 4,439 | 3,058 | 2,662 | 1,870 | 639 | 125 |
| Capital expenditures | 1,168 | 1,567 | 1,017 | 651 | 828 | 1,227 | 1,018 | 949 | 837 | 1,398 | 1,529 | 1,179 | 898 | 1,449 | 1,508 | 2,024 | 2,093 | 3,789 |
| Free cash flow (CFO − capex) | 1,855 | 1,637 | 2,210 | — | — | (2,539) | 2,020 | 3,752 | 3,706 | 2,646 | — | — | 3,541 | 1,609 | 1,154 | (154) | (1,454) | (3,664) |
| Depreciation and amortization | 1,464 | 1,308 | 1,208 | 1,036 | 1,041 | 997 | 1,020 | 1,111 | 1,171 | 1,111 | 999 | 1,031 | 1,007 | 892 | 794 | 695 | 586 | 507 |
| Share repurchases | 2,217 | 1,750 | 505 | 0 | 0 | 0 | 754 | 905 | 375 | 0 | 205 | 1,677 | 561 | 0 | 0 | — | — | — |
| Dividends paid | 833 | 590 | 305 | 0 | 0 | 911 | 3,000 | 2,979 | 2,943 | 2,924 | 2,707 | — | — | — | — | — | — | — |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Aug 31, 2026 | Adelson Miriam | 10% owner | giftindirect | 8M | $0.00 | — | 0 | Sep 2, 2026 |
| Aug 31, 2026 | Adelson Miriam | 10% owner | giftindirect | 1M | $0.00 | — | 0 | Sep 2, 2026 |
| Jun 16, 2026 | Adelson Miriam+2 more | 10% owner | giftindirect | 88M | $0.00 | — | 0 | Jun 18, 2026 |
| Jun 16, 2026 | Adelson Miriam+2 more | 10% owner | giftindirect | 88M | $0.00 | — | 0 | Jun 18, 2026 |
| Jun 16, 2026 | Adelson Miriam+2 more | 10% owner | giftindirect | 44M | $0.00 | — | 44M | Jun 18, 2026 |
| Jun 16, 2026 | Adelson Miriam+2 more | 10% owner | giftindirect | 44M | $0.00 | — | 44M | Jun 18, 2026 |
| May 14, 2026 | Pant Muktesh | Director | award | 3,948 | $0.00 | — | 8,694 | May 18, 2026 |
| May 14, 2026 | Besca Mark | Director | award | 3,948 | $0.00 | — | 8,694 | May 18, 2026 |
| May 14, 2026 | Chafetz Irwin | Director | award | 3,948 | $0.00 | — | 74,897 | May 18, 2026 |
| May 14, 2026 | Li Alain | Director | award | 3,948 | $0.00 | — | 12,931 | May 18, 2026 |
| May 14, 2026 | Kramer Lewis | Director | award | 3,948 | $0.00 | — | 31,336 | May 18, 2026 |
| May 14, 2026 | Forman Charles D | Director | award | 3,948 | $0.00 | — | 180,376 | May 18, 2026 |
| May 14, 2026 | Chau Micheline | Director | award | 3,948 | $0.00 | — | 35,293 | May 18, 2026 |
| Apr 27, 2026 | Forman Charles D | Director | open-market sale | 11,400 | $54.09 | $617K | 176,428 | Apr 29, 2026 |
| Mar 17, 2026 | Dumont Patrick | Chairman & CEO, Director | open-market sale | 60,165 | $54.75 | $3M | 511,942 | Mar 19, 2026 |
| Mar 17, 2026 | Dumont Patrick | Chairman & CEO, Director | option exercise | 61,740 | $52.53 | $3M | 572,107 | Mar 19, 2026 |
| Mar 1, 2026 | Goldstein Robert G | Chairman & CEO, Director | option exercise | 132,306 | $0.00 | — | 207,945 | Mar 3, 2026 |
| Mar 1, 2026 | Goldstein Robert G | Chairman & CEO, Director | option exercise | 75,639 | $0.00 | — | 75,639 | Mar 3, 2026 |
| Mar 1, 2026 | Goldstein Robert G | Chairman & CEO, Director | option exercise | 189,252 | $0.00 | — | 397,197 | Mar 3, 2026 |
| Feb 6, 2026 | Goldstein Robert G | Chairman & CEO, Director | giftindirect | 65,167 | $0.00 | — | 324,860 | Feb 9, 2026 |
| Feb 6, 2026 | Goldstein Robert G | Chairman & CEO, Director | gift | 65,167 | $0.00 | — | 0 | Feb 9, 2026 |
| Feb 5, 2026 | Goldstein Robert G | Chairman & CEO, Director | gift | 130,688 | $0.00 | — | 65,167 | Feb 9, 2026 |
| Feb 5, 2026 | Goldstein Robert G | Chairman & CEO, Director | giftindirect | 130,688 | $0.00 | — | 259,693 | Feb 9, 2026 |
| Feb 3, 2026 | Goldstein Robert G | Chairman & CEO, Director | option exercise | 65,167 | $0.00 | — | 195,855 | Feb 5, 2026 |
| Feb 3, 2026 | Dumont Patrick | President & COO, Director | tax withholding | 13,151 | $56.94 | $749K | 510,367 | Feb 5, 2026 |
Full insider history for Las Vegas Sands Corp., or insider activity across all companies. A record of filings, not a recommendation.
Tracked funds holding it
1 of the tracked managers held LVS in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded LVS by quarter.
| Fund | Manager | Quarter | Value | Shares | Weight | Move |
|---|---|---|---|---|---|---|
| Baron Capital Group | Ron Baron | Q2 2026 | $175M | 4M | 0.26% | added +208.6% |
Sources
Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- LAS VEGAS SANDS CORP., CIK 1300514 on EDGAR
- Extract generated
- November 1, 2026
- Withheld
- 3 line-years whose four quarters do not sum to the filed year: revenue FY2016, operating income FY2019, revenue FY2019
- Repaired
- none
XBRL concepts behind each line
Income statement
Revenues, SalesRevenueNetResearchAndDevelopmentExpenseSellingGeneralAndAdministrativeExpenseOperatingIncomeLossOtherNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncomeTaxExpenseBenefitNetIncomeLossEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueAssetsCurrentAssetsLiabilitiesCurrentLongTermDebtLiabilitiesStockholdersEquitydei:EntityCommonStockSharesOutstandingCash flow statement
NetCashProvidedByUsedInOperatingActivitiesPaymentsToAcquirePropertyPlantAndEquipmentDepreciationAndAmortizationPaymentsForRepurchaseOfCommonStockPaymentsOfDividends, PaymentsOfDividendsCommonStockThe data
The statements on this page as files, generated November 1, 2026.
- JSON file
/data/financials/LVS.json