Las Vegas Sands (LVS)
Operates integrated casino resorts spanning hotels, retail, entertainment, and conventions in Macao and Singapore.
$39.12
vs last close−0.58 (−1.46%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,795 | 2,915 | 2,959 | 2,761 | 2,682 | 2,896 | 2,862 | 3,175 | 3,331 | 3,649 | 3,585 | 3,154 |
| Cost of revenue | 1,386 | 1,432 | 1,461 | 1,419 | 1,413 | 1,484 | 1,445 | 1,538 | 1,672 | 1,881 | 1,836 | 1,349 |
| Gross profit | 1,409 | 1,483 | 1,498 | 1,342 | 1,269 | 1,412 | 1,417 | 1,637 | 1,659 | 1,768 | 1,749 | 1,805 |
| 721 | 773 | 781 | 751 | 765 | 809 | 797 | 837 | 865 | 893 | 833 | 1,187 | |
| Research & development | 44 | 65 | 53 | 61 | 55 | 59 | 69 | 69 | 72 | 59 | 41 | 0 |
| 290 | 287 | 286 | 268 | 293 | 303 | 273 | 292 | 308 | 315 | 302 | 331 | |
| General & administrative | 290 | 287 | 286 | 268 | 293 | 303 | 273 | 292 | 308 | 315 | 302 | 331 |
| Other expenses | 387 | 421 | 442 | 422 | 417 | 447 | 455 | 476 | 485 | 519 | 490 | 856 |
| Operating income | 688 | 710 | 717 | 591 | 504 | 603 | 620 | 800 | 794 | 875 | 916 | 618 |
| −117 | −118 | −117 | −95 | −101 | −142 | −149 | −191 | −212 | −324 | −168 | −157 | |
| Interest income | 79 | 63 | 71 | 80 | 67 | 57 | 42 | 42 | 39 | 38 | 35 | 31 |
| Interest expense | 200 | 190 | 182 | 186 | 179 | 180 | 174 | 194 | 187 | 191 | 188 | 189 |
| Other non-operating income | −83 | −72 | −65 | −91 | −78 | −38 | −25 | −3 | 25 | 133 | −20 | −32 |
| Income before tax | 571 | 592 | 600 | 496 | 403 | 461 | 471 | 609 | 582 | 551 | 748 | 461 |
| Income tax expense | 122 | 123 | 17 | 72 | 50 | 69 | 63 | 90 | 91 | 103 | 107 | −88 |
| Net income from continuing operations | 449 | 469 | 583 | 424 | 353 | 392 | 408 | 519 | 491 | 448 | 641 | 549 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −6 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −143 |
| Net income | 380 | 382 | 494 | 353 | 275 | 324 | 352 | 461 | 419 | 395 | 567 | 373 |
| EPS, basic | $0.50 | $0.50 | $0.66 | $0.48 | $0.38 | $0.45 | $0.49 | $0.66 | $0.61 | $0.59 | $0.85 | $0.53 |
| EPS, diluted | $0.50 | $0.50 | $0.66 | $0.48 | $0.38 | $0.45 | $0.49 | $0.66 | $0.61 | $0.58 | $0.85 | $0.53 |
| Weighted average shares, basic | 764 | 759 | 750 | 740 | 730 | 735 | 712 | 695 | 682 | 675 | 669 | 661 |
| Weighted average shares, diluted | 766 | 760 | 752 | 741 | 731 | 737 | 713 | 696 | 685 | 678 | 671 | 663 |
| EBITDA | 1,099 | 1,130 | 1,118 | 1,012 | 921 | 1,004 | 1,022 | 1,194 | 1,158 | 1,125 | 1,314 | 1,021 |
| Depreciation & amortization | 328 | 348 | 336 | 330 | 339 | 363 | 377 | 391 | 389 | 383 | 378 | 371 |
| EBIT | 771 | 782 | 782 | 682 | 582 | 641 | 645 | 803 | 769 | 742 | 936 | 650 |