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| Date | Value |
|---|---|
| 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 |