Las Vegas Sands (LVS) Net Income (2009 - 2026)
Las Vegas Sands (LVS) posted Net Income of $373.0 million for Q2 2026, down 41.81% on a QoQ basis from $641.0 million in Q1 2026, and down 28.13% year-over-year from $519.0 million in Q2 2025.
Las Vegas Sands (LVS) Net Income (2009 - 2026) Analysis & Trends
Las Vegas Sands has reported Net Income for 18 years, with the latest figure at $373.0 million in Q2 2026.
- On a quarterly basis, Net Income fell 28.13% year-over-year to $373.0 million in Q2 2026; TTM through Jun 2026 was $2.0 billion, a 16.81% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 6.51% from the prior year.
- Net Income was $373.0 million for Q2 2026 at Las Vegas Sands, down from $641.0 million in the prior quarter.
- The five-year high for Net Income was $2.4 billion in Q1 2022, with the low at -$417.0 million in Q2 2022.
- Average Net Income over 5 years is $412.2 million, with a median of $416.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Income jumped 810.23% in 2022, then slumped 94.03% in 2023.
- Over 5 years, Net Income stood at -$274.0 million in 2022, then soared by 271.17% to $469.0 million in 2023, then decreased by 16.42% to $392.0 million in 2024, then gained by 14.29% to $448.0 million in 2025, then retreated by 16.74% to $373.0 million in 2026.
- The last three Net Income figures came in at $373.0 million (Q2 2026), $641.0 million (Q1 2026), and $448.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.40 Bn | 22.34 Bn | 1.81 Bn | 373.00 Mn |
| 2 | DraftKings | 18.89 Bn | 17.90 Bn | 551.45 Mn | -70.06 Mn |
| 3 | Flutter Entertainment | 14.91 Bn | 13.72 Bn | 1.71 Bn | -296.00 Mn |
| 4 | MGM Resorts International | 9.52 Bn | 7.83 Bn | 3.10 Bn | 322.79 Mn |
| 5 | Madison Square Garden Sports | 9.51 Bn | 9.35 Bn | 119.21 Mn | 28.30 Mn |
| 6 | Life Time Group Holdings | 8.86 Bn | 8.63 Bn | 412.26 Mn | 101.36 Mn |
| 7 | Wynn Resorts | 8.42 Bn | 6.11 Bn | 1.14 Bn | 182.53 Mn |
| 8 | Super Group (SGHC) | 6.08 Bn | 5.53 Bn | - | 213.00 Mn |
| 9 | Caesars Entertainment | 6.03 Bn | 5.15 Bn | 2.04 Bn | -41.00 Mn |
| 10 | Churchill Downs | 5.61 Bn | 5.46 Bn | 712.00 Mn | 242.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 373.00 Mn |
| Mar 31, 2026 | 641.00 Mn |
| Dec 31, 2025 | 448.00 Mn |
| Sep 30, 2025 | 491.00 Mn |
| Jun 30, 2025 | 519.00 Mn |
| Mar 31, 2025 | 408.00 Mn |
| Dec 31, 2024 | 392.00 Mn |
| Sep 30, 2024 | 353.00 Mn |
| Jun 30, 2024 | 424.00 Mn |
| Mar 31, 2024 | 583.00 Mn |
| Dec 31, 2023 | 469.00 Mn |
| Sep 30, 2023 | 449.00 Mn |
| Jun 30, 2023 | 368.00 Mn |
| Mar 31, 2023 | 145.00 Mn |
| Dec 31, 2022 | -274.00 Mn |
| Sep 30, 2022 | -381.00 Mn |
| Jun 30, 2022 | -417.00 Mn |
| Mar 31, 2022 | 2.43 Bn |
| Dec 31, 2021 | -197.00 Mn |
| Sep 30, 2021 | -495.00 Mn |
Las Vegas Sands Net Income 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=net-income&ticker=LVS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();