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
DateValue
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