Las Vegas Sands (LVS) Cost of Revenue (2009 - 2026)

Las Vegas Sands' Cost of Revenue history runs 18 years deep, the most recent figure standing at $1.3 billion for Q2 2026.

• In Q2 2026, Cost of Revenue rose 8.62% year-over-year to $1.3 billion; the TTM figure through Jun 2026 stood at $5.7 billion (up 22.05% YoY), while the FY2025 annual figure was $5.3 billion, up 14.25% from the prior year.
• Cost of Revenue for Q2 2026 stood at $1.3 billion, down from $1.5 billion in the prior quarter.
• The five-year high for Cost of Revenue was $1.5 billion in Q4 2025, with the low at $410.0 million in Q3 2022.
• The 5-year median for Cost of Revenue is $1.1 billion (2023), against an average of $1.0 billion.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue retreated 22.47% in 2022, then jumped 169.02% in 2023.
• Las Vegas Sands' Cost of Revenue stood at $469.0 million in 2022, then soared by 143.28% to $1.1 billion in 2023, then grew by 2.54% to $1.2 billion in 2024, then increased by 29.57% to $1.5 billion in 2025, then slipped by 11.02% to $1.3 billion in 2026.
• Business Quant data shows LVS's Cost of Revenue at $1.3 billion in Q2 2026, $1.5 billion in Q1 2026, and $1.5 billion in Q4 2025.