Las Vegas Sands (LVS) Gross Profit (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly Gross Profit of $3.6 billion in Q1 2026, down 47.95% quarter-over-quarter from $6.8 billion in Q4 2025, and up 25.35% on a YoY basis from $2.8 billion in Q1 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 $3.6 billion for Q1 2026.
- In Q1 2026, Gross Profit rose 25.35% year-over-year to $3.6 billion; the TTM figure through Mar 2026 stood at $15.6 billion (up 80.58% YoY), while the FY2025 annual figure was $12.5 billion, up 15.47% from the prior year.
- Gross Profit was $3.6 billion for Q1 2026 at Las Vegas Sands, down from $6.8 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $6.8 billion in Q4 2025 to a low of -$1.1 billion in Q4 2023.
- Historically, Gross Profit has averaged $2.1 billion across 5 years, with a median of $1.8 billion in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Profit slumped 188.74% in 2023, then jumped 338.87% in 2024.
- A 5-year view of Gross Profit shows it stood at $1.2 billion in 2022, then plunged by 188.74% to -$1.1 billion in 2023, then surged by 338.87% to $2.6 billion in 2024, then soared by 161.23% to $6.8 billion in 2025, then slumped by 47.95% to $3.6 billion in 2026.
- The last three Gross Profit figures came in at $3.6 billion (Q1 2026), $6.8 billion (Q4 2025), and $3.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn |
| 10 | Las Vegas Sands | - | - | 3.56 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.56 Bn |
| Mar 31, 2026 | 3.56 Bn |
| Dec 31, 2025 | 6.84 Bn |
| Dec 31, 2025 | 6.84 Bn |
| Sep 30, 2025 | 3.27 Bn |
| Sep 30, 2025 | 3.27 Bn |
| Jun 30, 2025 | 1.93 Bn |
| Jun 30, 2025 | 1.93 Bn |
| Mar 31, 2025 | 2.84 Bn |
| Mar 31, 2025 | 2.84 Bn |
| Dec 31, 2024 | 2.62 Bn |
| Dec 31, 2024 | 2.62 Bn |
| Sep 30, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.56 Bn |
| Jun 30, 2024 | 1.62 Bn |
| Jun 30, 2024 | 1.62 Bn |
| Mar 31, 2024 | 1.78 Bn |
| Mar 31, 2024 | 1.78 Bn |
| Dec 31, 2023 | -1.10 Bn |
| Dec 31, 2023 | -1.10 Bn |