Las Vegas Sands (LVS) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Las Vegas Sands (LVS) over the last 17 years, with Q4 2025 value amounting to $1.5 billion.

Las Vegas Sands' Cost of Revenue rose 2957.26% to $1.5 billion in Q4 2025 from the same period last year, while for Dec 2025 it was $5.3 billion, marking a year-over-year increase of 1424.85%. This contributed to the annual value of $5.3 billion for FY2025, which is 1424.85% up from last year.
Latest data reveals that Las Vegas Sands reported Cost of Revenue of $1.5 billion as of Q4 2025, which was up 2957.26% from $1.4 billion recorded in Q3 2025.
In the past 5 years, Las Vegas Sands' Cost of Revenue registered a high of $1.5 billion during Q4 2025, and its lowest value of $410.0 million during Q3 2022.
In the last 5 years, Las Vegas Sands' Cost of Revenue had a median value of $1.1 billion in 2023 and averaged $894.6 million.
Per our database at Business Quant, Las Vegas Sands' Cost of Revenue skyrocketed by 20695.19% in 2021 and then tumbled by 2247.39% in 2022.
Over the past 5 years, Las Vegas Sands' Cost of Revenue (Quarter) stood at $465.0 million in 2021, then rose by 0.86% to $469.0 million in 2022, then surged by 143.28% to $1.1 billion in 2023, then rose by 2.54% to $1.2 billion in 2024, then rose by 29.57% to $1.5 billion in 2025.
Its Cost of Revenue was $1.5 billion in Q4 2025, compared to $1.4 billion in Q3 2025 and $1.2 billion in Q2 2025.

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