Las Vegas Sands (LVS) Net Cash Flow (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly Net Cash Flow of -$495.0 million in Q1 2026, down 201.64% quarter-over-quarter from $487.0 million in Q4 2025, and up 20.16% on a YoY basis from -$411.9 million in Q1 2025.
Las Vegas Sands (LVS) Net Cash Flow (2009 - 2026) Analysis & Trends
Las Vegas Sands' Net Cash Flow history runs 18 years deep, the most recent figure standing at -$495.0 million for Q1 2026.
- In Q1 2026, Net Cash Flow rose 20.16% year-over-year to -$495.0 million; the TTM figure through Mar 2026 stood at $288.0 million (up 114.92% YoY), while the FY2025 annual figure was $163.0 million, up 111.36% from the prior year.
- Net Cash Flow was -$495.0 million for Q1 2026 at Las Vegas Sands, down from $487.0 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $4.5 billion in Q1 2022 to a low of -$749.0 million in Q2 2023.
- Historically, Net Cash Flow has averaged $88.6 million across 5 years, with a median of -$188.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Cash Flow surged 113075.0% in 2022, then sank 2071.05% in 2023.
- A 5-year view of Net Cash Flow shows it stood at $256.0 million in 2022, then slumped by 295.7% to -$501.0 million in 2023, then slipped by 2.59% to -$514.0 million in 2024, then jumped by 194.75% to $487.0 million in 2025, then slumped by 201.64% to -$495.0 million in 2026.
- The last three Net Cash Flow figures came in at -$495.0 million (Q1 2026), $487.0 million (Q4 2025), and -$108.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | -272.24 Mn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 19.58 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 10.87 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -10.00 Mn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | -206.60 Mn |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | -14.00 Mn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | -8.45 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | -136.00 Mn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 30.70 Mn |
| 10 | Las Vegas Sands | - | - | 3.56 Bn | -495.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -495.00 Mn |
| Mar 31, 2026 | -495.00 Mn |
| Dec 31, 2025 | 487.00 Mn |
| Dec 31, 2025 | 487.00 Mn |
| Sep 30, 2025 | -108.00 Mn |
| Sep 30, 2025 | -108.00 Mn |
| Jun 30, 2025 | 404.00 Mn |
| Jun 30, 2025 | 404.00 Mn |
| Mar 31, 2025 | -620.00 Mn |
| Mar 31, 2025 | -620.00 Mn |
| Dec 31, 2024 | -514.00 Mn |
| Dec 31, 2024 | -514.00 Mn |
| Sep 30, 2024 | -553.00 Mn |
| Sep 30, 2024 | -553.00 Mn |
| Jun 30, 2024 | -243.00 Mn |
| Jun 30, 2024 | -243.00 Mn |
| Mar 31, 2024 | -125.00 Mn |
| Mar 31, 2024 | -125.00 Mn |
| Dec 31, 2023 | -501.00 Mn |
| Dec 31, 2023 | -501.00 Mn |