Las Vegas Sands (LVS) Gross Profit (2009 - 2026)

Las Vegas Sands' (LVS) quarterly Gross Profit came in at $3.5 billion in Q1 2026, up 25.6% year-on-year from $2.8 billion in Q1 2025, and down 1.99% quarter-over-quarter from $3.6 billion in Q4 2025.

Las Vegas Sands (LVS) Gross Profit (2009 - 2026) Analysis & Trends

Las Vegas Sands' Gross Profit history runs 18 years deep, the most recent figure standing at $3.5 billion for Q1 2026.

  • On a quarterly basis, Gross Profit rose 25.6% year-over-year to $3.5 billion in Q1 2026; TTM through Mar 2026 was $13.4 billion, a 99.52% increase from a year earlier, with the FY2025 full-year figure at $12.8 billion, up 90.74% from the prior year.
  • Gross Profit slipped to $3.5 billion in Q1 2026 per LVS's latest filing, from $3.6 billion in the prior quarter.
  • Across five years, Gross Profit topped out at $3.6 billion in Q4 2025 and bottomed at -$1.3 billion in Q4 2024.
  • The 5-year median for Gross Profit is $2.4 billion (2023), against an average of $1.8 billion.
  • Across the five-year window, Gross Profit sank 196.53% in 2023 and soared 366.77% in 2025, its largest moves.
  • Year by year, Gross Profit stood at $1.1 billion in 2022, then slumped by 196.53% to -$1.0 billion in 2023, then slipped by 29.71% to -$1.3 billion in 2024, then surged by 366.77% to $3.6 billion in 2025, then retreated by 1.99% to $3.5 billion in 2026.
  • Per Business Quant, the three latest LVS Gross Profit figures stand at $3.5 billion (Q1 2026), $3.6 billion (Q4 2025), and $3.3 billion (Q3 2025).

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 3.49 Bn
Mar 31, 2026 3.49 Bn
Dec 31, 2025 3.56 Bn
Dec 31, 2025 3.56 Bn
Sep 30, 2025 3.27 Bn
Sep 30, 2025 3.27 Bn
Jun 30, 2025 3.05 Bn
Jun 30, 2025 3.05 Bn
Mar 31, 2025 2.78 Bn
Mar 31, 2025 2.78 Bn
Dec 31, 2024 -1.34 Bn
Dec 31, 2024 -1.34 Bn
Sep 30, 2024 2.62 Bn
Sep 30, 2024 2.62 Bn
Jun 30, 2024 2.64 Bn
Jun 30, 2024 2.64 Bn
Mar 31, 2024 2.83 Bn
Mar 31, 2024 2.83 Bn
Dec 31, 2023 -1.03 Bn
Dec 31, 2023 -1.03 Bn