Las Vegas Sands (LVS) Accumulated Expenses (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly Accumulated Expenses of $142.0 million in Q1 2026, down 11.25% quarter-over-quarter from $160.0 million in Q4 2025, and down 42.04% on a YoY basis from $245.0 million in Q1 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.
- In Q1 2026, Accumulated Expenses fell 42.04% year-over-year to $142.0 million; the TTM figure through Mar 2026 stood at $142.0 million (down 42.04% YoY), while the FY2025 annual figure was $160.0 million, down 39.16% from the prior year.
- Accumulated Expenses was $142.0 million for Q1 2026 at Las Vegas Sands, down from $160.0 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $337.0 million in Q3 2024 to a low of $142.0 million in Q1 2026.
- Historically, Accumulated Expenses has averaged $201.4 million across 5 years, with a median of $188.0 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Accumulated Expenses soared 120.26% in 2024, then sank 43.32% in 2025.
- A 5-year view of Accumulated Expenses shows it 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 plunged by 39.16% to $160.0 million in 2025, then fell by 11.25% to $142.0 million in 2026.
- The last three Accumulated Expenses figures came in at $142.0 million (Q1 2026), $160.0 million (Q4 2025), and $191.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn |
| 10 | Las Vegas Sands | - | - | 3.56 Bn |
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 |