Las Vegas Sands (LVS) Accumulated Expenses (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Accumulated Expenses came in at $142.0 million in Q1 2026, down 42.04% year-on-year from $245.0 million in Q1 2025, and down 11.25% quarter-over-quarter from $160.0 million in Q4 2025.
Las Vegas Sands (LVS) Accumulated Expenses (2009 - 2026) Analysis & Trends
Las Vegas Sands' Accumulated Expenses history runs 18 years deep, the most recent figure standing at $142.0 million for Q1 2026.
- On a quarterly basis, Accumulated Expenses fell 42.04% year-over-year to $142.0 million in Q1 2026; TTM through Mar 2026 was $142.0 million, a 42.04% decrease from a year earlier, with the FY2025 full-year figure at $160.0 million, down 39.16% from the prior year.
- Accumulated Expenses slipped to $142.0 million in Q1 2026 per LVS's latest filing, from $160.0 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $337.0 million in Q3 2024 and bottomed at $142.0 million in Q1 2026.
- The 5-year median for Accumulated Expenses is $188.0 million (2025), against an average of $201.4 million.
- Across the five-year window, Accumulated Expenses surged 120.26% in 2024 and sank 43.32% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $189.0 million in 2022, then decreased by 22.75% to $146.0 million in 2023, then surged by 80.14% to $263.0 million in 2024, then slumped by 39.16% to $160.0 million in 2025, then fell by 11.25% to $142.0 million in 2026.
- Per Business Quant, the three latest LVS Accumulated Expenses figures stand at $142.0 million (Q1 2026), $160.0 million (Q4 2025), and $191.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 142.00 Mn |
| Dec 31, 2025 | 160.00 Mn |
| Sep 30, 2025 | 191.00 Mn |
| Jun 30, 2025 | 188.00 Mn |
| Mar 31, 2025 | 245.00 Mn |
| Dec 31, 2024 | 263.00 Mn |
| Sep 30, 2024 | 337.00 Mn |
| Jun 30, 2024 | 273.00 Mn |
| Mar 31, 2024 | 151.00 Mn |
| Dec 31, 2023 | 146.00 Mn |
| Sep 30, 2023 | 153.00 Mn |
| Jun 30, 2023 | 179.00 Mn |
| Mar 31, 2023 | 182.00 Mn |
| Dec 31, 2022 | 189.00 Mn |
| Sep 30, 2022 | 178.00 Mn |
| Jun 30, 2022 | 201.00 Mn |
| Mar 31, 2022 | 245.00 Mn |
| Dec 31, 2021 | 227.00 Mn |
| Sep 30, 2021 | 233.00 Mn |
| Jun 30, 2021 | 201.00 Mn |