Las Vegas Sands (LVS) Gross Profit (2017 - 2026)
Las Vegas Sands' Gross Profit came in at $1.48 billion for Q2 2026, down 9.6% from $1.64 billion a year earlier and down 15.4% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Gross Profit (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Las Vegas Sands reported Gross Profit of $6.66 billion, up 16.1% year-over-year; for FY2025, it came in at $6.48 billion, up 17.4% from FY2024.
- Gross Profit has increased in each of the last five years, with a five-year compound annual growth rate of 51.2% (FY2020 to FY2025).
- Going back by year, Gross Profit was $5.52 billion in FY2024 (+6.9%), $5.17 billion in FY2023 (+213.2%), $1.65 billion in FY2022 (+2.6%) and $1.61 billion in FY2021 (+95.9%).
- The Q2 2026 figure represents the lowest quarterly Gross Profit since Q1 2025.
- Year-over-year, Gross Profit increased in four of the last eight quarters, with growth averaging 9.0%.
- The fastest year-over-year change in Gross Profit over five years came in Q3 2021 (growth of 396.4%), and the weakest in Q1 2022 (a decline of 30.1%).
- Business Quant data shows LVS's Gross Profit at $1.75 billion (Q1 2026), $1.77 billion (Q4 2025) and $1.66 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.48 Bn |
| Mar 31, 2026 | 1.75 Bn |
| Dec 31, 2025 | 1.77 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.64 Bn |
| Mar 31, 2025 | 1.42 Bn |
| Dec 31, 2024 | 1.41 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.34 Bn |
| Mar 31, 2024 | 1.50 Bn |
| Dec 31, 2023 | 1.48 Bn |
| Sep 30, 2023 | 1.41 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 452.00 Mn |
| Sep 30, 2022 | 428.00 Mn |
| Jun 30, 2022 | 443.00 Mn |
| Mar 31, 2022 | 327.00 Mn |
| Dec 31, 2021 | 405.00 Mn |
| Sep 30, 2021 | 273.00 Mn |
API Access
Las Vegas Sands Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "LVS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();