Las Vegas Sands (LVS) Change in Accured Expenses (2009 - 2026)

Las Vegas Sands' (LVS) quarterly Change in Accured Expenses came in at -$215.0 million in Q1 2026, up 2.27% year-on-year from -$210.2 million in Q1 2025, and down 161.25% quarter-over-quarter from $351.0 million in Q4 2025.

Las Vegas Sands (LVS) Change in Accured Expenses (2009 - 2026) Analysis & Trends

Las Vegas Sands' Change in Accured Expenses history runs 18 years deep, the most recent figure standing at -$215.0 million for Q1 2026.

  • On a quarterly basis, Change in Accured Expenses rose 2.27% year-over-year to -$215.0 million in Q1 2026; TTM through Mar 2026 was $466.0 million, a 529.73% increase from a year earlier, with the FY2025 full-year figure at $461.0 million, up 1744.0% from the prior year.
  • Change in Accured Expenses eased to -$215.0 million in Q1 2026 per LVS's latest filing, from $351.0 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $694.0 million in Q4 2022 and bottomed at -$375.0 million in Q1 2022.
  • The 5-year median for Change in Accured Expenses is $87.0 million (2024), against an average of $63.6 million.
  • Across the five-year window, Change in Accured Expenses soared 643.4% in 2023 and plunged 3742.86% in 2024, its largest moves.
  • Year by year, Change in Accured Expenses stood at $694.0 million in 2022, then plunged by 71.61% to $197.0 million in 2023, then retreated by 29.95% to $138.0 million in 2024, then soared by 154.35% to $351.0 million in 2025, then plunged by 161.25% to -$215.0 million in 2026.
  • Per Business Quant, the three latest LVS Change in Accured Expenses figures stand at -$215.0 million (Q1 2026), $351.0 million (Q4 2025), and $166.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn -215.00 Mn
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn -98.01 Mn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn -125.16 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 1.00 Mn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - -
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -135.00 Mn
7 Vail Resorts 5.23 Bn 5.21 Bn - -87.38 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 238.00 Mn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn -8.60 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -215.00 Mn
Mar 31, 2026 -215.00 Mn
Dec 31, 2025 351.00 Mn
Dec 31, 2025 351.00 Mn
Sep 30, 2025 166.00 Mn
Sep 30, 2025 166.00 Mn
Jun 30, 2025 164.00 Mn
Jun 30, 2025 164.00 Mn
Mar 31, 2025 -220.00 Mn
Mar 31, 2025 -220.00 Mn
Dec 31, 2024 138.00 Mn
Dec 31, 2024 138.00 Mn
Sep 30, 2024 69.00 Mn
Sep 30, 2024 69.00 Mn
Jun 30, 2024 87.00 Mn
Jun 30, 2024 87.00 Mn
Mar 31, 2024 -269.00 Mn
Mar 31, 2024 -269.00 Mn
Dec 31, 2023 197.00 Mn
Dec 31, 2023 197.00 Mn