Las Vegas Sands (LVS) Cash from Operations (2009 - 2026)
Las Vegas Sands (LVS) posted Cash from Operations of $682.0 million for Q2 2026, down 6.7% on a QoQ basis from $731.0 million in Q1 2026, and up 283.15% year-over-year from $178.0 million in Q2 2025.
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Analysis
Las Vegas Sands (LVS) Cash from Operations (2009 - 2026) Analysis & Trends
Las Vegas Sands has reported Cash from Operations for 18 years, with the latest figure at $682.0 million in Q2 2026.
- On a quarterly basis, Cash from Operations rose 283.15% year-over-year to $682.0 million in Q2 2026; TTM through Jun 2026 was $3.7 billion, a 56.81% increase from a year earlier, with the FY2025 full-year figure at $3.0 billion, down 5.65% from the prior year.
- Cash from Operations was $682.0 million for Q2 2026 at Las Vegas Sands, down from $731.0 million in the prior quarter.
- The five-year high for Cash from Operations was $1.2 billion in Q4 2025, with the low at -$500.0 million in Q1 2022.
- Average Cash from Operations over 5 years is $551.3 million, with a median of $722.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Cash from Operations tumbled 328.92% in 2022, then soared 1067.31% in 2023.
- Over 5 years, Cash from Operations stood at -$104.0 million in 2022, then jumped by 1067.31% to $1.0 billion in 2023, then dropped by 9.05% to $915.0 million in 2024, then surged by 31.58% to $1.2 billion in 2025, then tumbled by 43.36% to $682.0 million in 2026.
- The last three Cash from Operations figures came in at $682.0 million (Q2 2026), $731.0 million (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.40 Bn | 22.34 Bn | 1.81 Bn | 682.00 Mn |
| 2 | DraftKings | 18.89 Bn | 17.90 Bn | 551.45 Mn | 111.44 Mn |
| 3 | Flutter Entertainment | 14.91 Bn | 13.72 Bn | 1.71 Bn | 363.00 Mn |
| 4 | MGM Resorts International | 9.52 Bn | 7.83 Bn | 3.10 Bn | 558.82 Mn |
| 5 | Madison Square Garden Sports | 9.51 Bn | 9.35 Bn | 119.21 Mn | 57.65 Mn |
| 6 | Life Time Group Holdings | 8.86 Bn | 8.63 Bn | 412.26 Mn | 209.56 Mn |
| 7 | Wynn Resorts | 8.42 Bn | 6.11 Bn | 1.14 Bn | 491.93 Mn |
| 8 | Super Group (SGHC) | 6.08 Bn | 5.53 Bn | - | - |
| 9 | Caesars Entertainment | 6.03 Bn | 5.15 Bn | 2.04 Bn | 471.00 Mn |
| 10 | Churchill Downs | 5.61 Bn | 5.46 Bn | 712.00 Mn | 217.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 682.00 Mn |
| Mar 31, 2026 | 731.00 Mn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 178.00 Mn |
| Mar 31, 2025 | 526.00 Mn |
| Dec 31, 2024 | 915.00 Mn |
| Sep 30, 2024 | 761.00 Mn |
| Jun 30, 2024 | 814.00 Mn |
| Mar 31, 2024 | 714.00 Mn |
| Dec 31, 2023 | 1.01 Bn |
| Sep 30, 2023 | 839.00 Mn |
| Jun 30, 2023 | 941.00 Mn |
| Mar 31, 2023 | 441.00 Mn |
| Dec 31, 2022 | -104.00 Mn |
| Sep 30, 2022 | -150.00 Mn |
| Jun 30, 2022 | -190.00 Mn |
| Mar 31, 2022 | -500.00 Mn |
| Dec 31, 2021 | 102.00 Mn |
| Sep 30, 2021 | -240.00 Mn |
API Access
Las Vegas Sands Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "LVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();