For the quarter ending 2026-03-31, LVS made $3,585M in revenue. $567M in net income. Net profit margin of 15.82%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net revenues | 3,585 | 3,649 | 3,331 | 3,175 |
| Cost of revenue-Casino | 1,505 | 1,516 | 1,353 | 1,242 |
| Cost of revenue-Occupancy | 92 | 95 | 89 | 87 |
| Cost of revenue-Food And Beverage | 149 | 162 | 144 | 130 |
| Cost of revenue-Mall | 25 | 23 | 25 | 22 |
| Cost of revenue-Product And Service Other | 65 | 85 | 61 | 57 |
| Provision for credit losses | 29 | 46 | 18 | 16 |
| General and administrative | 302 | 315 | 308 | 292 |
| Corporate | 83 | 90 | 78 | 69 |
| Pre-opening | 4 | 4 | 7 | 9 |
| Development | 41 | 59 | 72 | 69 |
| Depreciation and amortization | 357 | 363 | 368 | 371 |
| Amortization of leasehold interests in land | 21 | 20 | 21 | 20 |
| Loss on disposal or impairment of assets | -8 | -164 | -68 | -8 |
| Total operating expenses | 2,681 | 2,942 | 2,612 | 2,392 |
| Operating income | 904 | 707 | 719 | 783 |
| Interest income | 35 | 38 | 39 | 42 |
| Interest expense, net of amounts capitalized | 188 | 191 | 187 | 194 |
| Other expense | -3 | -3 | 11 | -22 |
| Loss on modification or early retirement of debt | 0 | 0 | 0 | 0 |
| Income before income taxes | 748 | 551 | 582 | 609 |
| Income tax expense | 107 | 103 | 91 | 90 |
| Net income | 641 | 448 | 491 | 519 |
| Net income attributable to noncontrolling interests | 74 | 53 | 72 | 58 |
| Net income attributable to las vegas sands corp | 567 | 395 | 419 | 461 |
| Basic EPS | 0.85 | 0.585 | 0.61 | 0.66 |
| Diluted EPS | 0.85 | 0.583 | 0.61 | 0.66 |
| Basic Average Shares | 669,000,000 | 675,000,000 | 682,000,000 | 695,000,000 |
| Diluted Average Shares | 671,000,000 | 678,000,000 | 685,000,000 | 696,000,000 |
LAS VEGAS SANDS CORP (LVS)
LAS VEGAS SANDS CORP (LVS)