Las Vegas Sands financials
$38.35−1.12%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.15B | $3.58B | $3.65B | $3.33B | $3.17B | $2.86B | $2.90B | $2.68B | $2.76B | $2.96B | $2.92B | $2.79B |
| Gross profit | $1.48B | $1.75B | $1.77B | $1.66B | $1.64B | $1.42B | $1.41B | $1.27B | $1.34B | $1.50B | $1.48B | $1.41B |
| Gross margin | 46.9% | 48.8% | 48.5% | 49.8% | 51.6% | 49.5% | 48.8% | 47.3% | 48.6% | 50.6% | 50.9% | 50.4% |
| Operating income | $618.0M | $912.0M | $871.0M | $787.0M | $783.0M | $616.0M | $599.0M | $515.0M | $607.0M | $731.0M | $715.0M | $692.0M |
| Net income | $346.0M | $567.0M | $395.0M | $419.0M | $461.0M | $352.0M | $324.0M | $275.0M | $353.0M | $494.0M | $382.0M | $380.0M |
| Net margin | 11.0% | 15.8% | 10.8% | 12.6% | 14.5% | 12.3% | 11.2% | 10.3% | 12.8% | 16.7% | 13.1% | 13.6% |
| Diluted EPS | $0.53 | $0.85 | $0.58 | $0.61 | $0.66 | $0.49 | $0.45 | $0.38 | $0.48 | $0.66 | $0.50 | $0.50 |
| EBITDA | $991.0M | $1.29B | $1.18B | $1.18B | $1.18B | $993.0M | $902.0M | $854.0M | $937.0M | $1.07B | $715.0M | $1.02B |
| Operating cash flow | $682.0M | $731.0M | $1.20B | $1.11B | $178.0M | $526.0M | $915.0M | $761.0M | $814.0M | $714.0M | $1.01B | $839.0M |
| Free cash flow | $350.0M | $537.0M | $930.0M | $886.0M | -$108.0M | $147.0M | $368.0M | $222.0M | $529.0M | $518.0M | $681.0M | $509.0M |
| Diluted shares | 656.0M | 671.0M | 678.0M | 685.0M | 696.0M | 713.0M | 724.0M | 731.0M | 741.0M | 752.0M | 761.0M | 766.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.38B | $3.33B | $3.84B | $3.35B | $3.45B | $3.04B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $15.26B | $15.72B | $15.78B | $15.77B | $15.82B | $13.85B |
| Total assets | $19.91B | $21.18B | $21.92B | $21.50B | $21.85B | $21.25B |
| Total liabilities | $19.01B | $19.57B | $19.99B | $19.64B | $19.57B | $18.21B |
| Shareholders' equity | $897.0M | $1.61B | $1.93B | $1.87B | $2.28B | $3.03B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology