Las Vegas Sands (LVS) Net Cash Flow (2009 - 2026)

Las Vegas Sands' (LVS) quarterly Net Cash Flow came in at -$495.0 million in Q1 2026, up 20.16% year-on-year from -$411.9 million in Q1 2025, and down 201.64% quarter-over-quarter from $487.0 million in Q4 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.

  • On a quarterly basis, Net Cash Flow rose 20.16% year-over-year to -$495.0 million in Q1 2026; TTM through Mar 2026 was $288.0 million, a 114.92% increase from a year earlier, with the FY2025 full-year figure at $163.0 million, up 111.36% from the prior year.
  • Net Cash Flow eased to -$495.0 million in Q1 2026 per LVS's latest filing, from $487.0 million in the prior quarter.
  • Across five years, Net Cash Flow topped out at $4.5 billion in Q1 2022 and bottomed at -$749.0 million in Q2 2023.
  • The 5-year median for Net Cash Flow is -$188.0 million (2023), against an average of $88.6 million.
  • Across the five-year window, Net Cash Flow jumped 113075.0% in 2022 and sank 2071.05% in 2023, its largest moves.
  • Year by year, Net Cash Flow stood at $256.0 million in 2022, then plunged 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 plunged by 201.64% to -$495.0 million in 2026.
  • Per Business Quant, the three latest LVS Net Cash Flow figures stand at -$495.0 million (Q1 2026), $487.0 million (Q4 2025), and -$108.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn -495.00 Mn
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 234.92 Mn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn -272.24 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 19.58 Mn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - 10.87 Mn
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -10.00 Mn
7 Vail Resorts 5.23 Bn 5.21 Bn - -20.22 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn -14.00 Mn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn -8.45 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn -

Historic Data

Download Data
DateValue
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