LVS · XBRL financial data

Las Vegas Sands financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (LVS's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	2,915	2,959	2,761	2,682	2,896	2,862	3,175	3,331	3,649	3,585	3,154	3,216
Research and development	65*	53	61	55	59*	69	69	72	59*	41	43	37
Selling, general and administrative	287*	286	268	293	303*	273	292	308	315*	302	331	333
Operating income (loss)	710	717	591	504	590	609	783	719	707	904	618	618
Interest expense	190*	182	186	179	180*	174	194	187	191*	188	189	186
Other income (expense)	9*	(6)	11	11	(6)*	(1)	(22)	11	(3)*	(3)	1	(1)
Income tax expense (benefit)	123*	17	72	50	69*	63	90	91	103*	107	88	102
Net income (loss)	382	494	353	275	324	352	461	419	395	567	346	304
Earnings per share, basic USD per share	0.50	0.66	0.48	0.38	0.45	0.49	0.66	0.61	0.59	0.85	0.53	0.48
Earnings per share, diluted USD per share	0.50	0.66	0.48	0.38	0.45	0.49	0.66	0.61	0.58	0.85	0.53	0.48
Weighted average shares, basic millions of shares	760*	750	740	730	720*	712	695	682	676*	669	654	639
Weighted average shares, diluted millions of shares	761*	752	741	731	724*	713	696	685	678*	671	656	640

Fiscal quarters (LVS's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	5,105	4,956	4,711	4,208	3,650	3,036	3,450	3,353	3,841	3,330	3,376	2,858
Accounts receivable	484	420	436	413	417	435	533	548	742	677	622	664
Inventory	38	39	37	41	41	41	40	45	46	46	46	49
Prepaid and other current assets	150	141	148	163	182	209	240	206	203	213	253	248
Total current assets	5,777	5,556	5,332	4,825	4,290	3,721	4,263	4,152	4,832	4,266	4,297	3,819
Property and equipment, net	11,439	11,266	11,367	12,059	11,993	12,058	12,044	11,907	11,673	11,441	11,470	11,477
Right-of-use asset	53	—	—	—	48	—	—	—	44	—	—	—
Goodwill	103	—	—	—	102	102	103	103	103	—	—	—
Total assets	21,778	21,245	21,113	21,354	20,666	21,247	21,850	21,502	21,920	21,176	19,909	19,418
Accounts payable	167	156	149	139	164	151	162	168	190	159	150	146
Total current liabilities	4,422	4,267	3,369	5,350	5,801	6,255	3,501	4,671	4,222	4,633	4,311	4,621
Lease liability, non-current	252	—	—	—	172	—	—	—	167	—	—	—
Total liabilities	17,674	17,220	17,219	17,707	17,506	18,214	19,568	19,635	19,986	19,568	19,012	19,533
Retained earnings	2,600	2,943	3,148	3,276	3,455	3,628	3,914	4,161	4,387	4,753	4,900	5,010
Total stockholders' equity	4,118	3,953	3,754	3,426	2,884	2,699	1,991	1,571	1,590	1,198	581	(344)
Total liabilities and equity	21,778	21,245	21,113	21,354	20,666	21,247	21,850	21,502	21,920	21,176	19,909	19,418
Common shares outstanding (cover page) millions of shares	754	745	736	725	716	707	686	676	672	663	648	627

Fiscal quarters (LVS's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	382	494	353	275	324	352	461	419	395	567	346	304
Stock-based compensation	11*	14	15*	13*	13*	11	14*	14*	15*	24	13*	14*
Net cash from operating activities	1,006*	714	814*	761*	915*	526	178*	1,115*	1,204*	731	682*	870*
Purchases of property and equipment	325*	196	285*	539*	547*	379	286*	229*	274*	194	332*	281*
Net cash from investing activities	(329)*	(200)	(288)*	(541)*	(550)*	(454)	(286)*	(211)*	(266)*	(186)	946*	(273)*
Share repurchases	505*	450	400*	450*	450*	416	800*	500*	501*	753	788*	950*
Dividends paid	152*	151	148*	146*	145*	179	246*	239*	169*	202	328*	193*
Proceeds from long-term debt	0*	0	1,748*	0*	0*	2,797	3,984*	0*	0*	797	1,194*	162*
Net cash from financing activities	(1,178)*	(639)	(769)*	(773)*	(879)*	(692)	512*	(1,012)*	(451)*	(1,040)	(1,583)*	(1,119)*
Net change in cash	(469)*	(149)	(244)*	(503)*	(558)*	(614)	414*	(97)*	488*	(511)	46*	(518)*

SIC 7011 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7011 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Las Vegas Sands	2,858	3,216	870*	627.0M	—	Q3 FY26 10-QSep 30, 2026
Wynn Resorts	1,573	not reported	492*	103.0M	—	Q2 FY26 10-QJun 30, 2026
Wyndham Hotels & Resorts	71	410	93*	72.9M	—	Q3 FY26 10-QSep 30, 2026
MGM Resorts International	2,396	4,212	532*	253.0M	—	Q3 FY26 10-QSep 30, 2026
Hyatt Hotels	454	1,743	(135)*	not reported	28.6 quarters	Q3 FY26 10-QSep 30, 2026
Caesars Entertainment	864	2,940	267*	203.8M	—	Q3 FY26 10-QSep 30, 2026
Boyd Gaming	297	990	203*	70.7M	—	Q3 FY26 10-QSep 30, 2026
Choice Hotels International	171	458	55*	44.5M	—	Q3 FY26 10-QSep 30, 2026
Travel & Leisure	306	1,101	130*	60.3M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.