Las Vegas Sands (LVS) Net Income (2009 - 2026)

Las Vegas Sands' (LVS) quarterly Net Income came in at $641.0 million in Q1 2026, up 57.11% year-on-year from $408.0 million in Q1 2025, and up 43.08% quarter-over-quarter from $448.0 million in Q4 2025.

Las Vegas Sands (LVS) Net Income (2009 - 2026) Analysis & Trends

Las Vegas Sands' Net Income history runs 17 years deep, the most recent figure standing at $641.0 million for Q1 2026.

  • On a quarterly basis, Net Income rose 57.11% year-over-year to $641.0 million in Q1 2026; TTM through Mar 2026 was $2.1 billion, a 33.1% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, changed N/A from the prior year.
  • Net Income advanced to $641.0 million in Q1 2026 per LVS's latest filing, from $448.0 million in the prior quarter.
  • Across five years, Net Income topped out at $2.9 billion in Q1 2022 and bottomed at -$5.0 million in Q4 2022.
  • The 4-year median for Net Income is $424.0 million (2024), against an average of $550.5 million.
  • Biggest YoY gain for Net Income was 4788.71% in 2022; the steepest drop was 107.89% in 2022.
  • Year by year, Net Income stood at -$5.0 million in 2022, then surged by 7940.0% to $392.0 million in 2024, then rose by 14.29% to $448.0 million in 2025, then jumped by 43.08% to $641.0 million in 2026.
  • Per Business Quant, the three latest LVS Net Income figures stand at $641.0 million (Q1 2026), $448.0 million (Q4 2025), and $491.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 641.00 Mn
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 174.79 Mn
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 150.57 Mn
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 104.29 Mn
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - 85.12 Mn
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn -83.00 Mn
7 Vail Resorts 5.23 Bn 5.21 Bn - 340.22 Mn
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 68.00 Mn
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 82.72 Mn
10 Studio City International Holdings 3.53 Bn 3.45 Bn 155.38 Mn 9.23 Mn

Historic Data

Download Data
DateValue
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, 2022 -5.00 Mn
Sep 30, 2022 -1.00 Mn
Jun 30, 2022 -3.00 Mn
Mar 31, 2022 2.91 Bn
Dec 31, 2021 118.00 Mn
Sep 30, 2021 99.00 Mn
Jun 30, 2021 38.00 Mn
Mar 31, 2021 -62.00 Mn
Dec 31, 2020 -73.00 Mn
Sep 30, 2020 -67.00 Mn
Jun 30, 2020 -144.00 Mn