Las Vegas Sands (LVS) Net Income (2009 - 2026)
Las Vegas Sands (LVS) recorded quarterly Net Income of $641.0 million in Q1 2026, up 43.08% quarter-over-quarter from $448.0 million in Q4 2025, and up 57.11% on a YoY basis from $408.0 million in Q1 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.
- In Q1 2026, Net Income rose 57.11% year-over-year to $641.0 million; the TTM figure through Mar 2026 stood at $2.1 billion (up 33.1% YoY), while the FY2025 annual figure was $1.9 billion, changed N/A from the prior year.
- Net Income was $641.0 million for Q1 2026 at Las Vegas Sands, up from $448.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $2.9 billion in Q1 2022 to a low of -$5.0 million in Q4 2022.
- Historically, Net Income has averaged $550.5 million across 4 years, with a median of $424.0 million in 2024.
- Biggest YoY gain for Net Income was 4788.71% in 2022; the steepest drop was 107.89% in 2022.
- A 4-year view of Net Income shows it 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.
- The last three Net Income figures came in at $641.0 million (Q1 2026), $448.0 million (Q4 2025), and $491.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 150.54 Mn |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 104.29 Mn |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 85.12 Mn |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | -83.00 Mn |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 225.85 Mn |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | 68.00 Mn |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 82.72 Mn |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 22.00 Mn |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | -2.80 Mn |
| 10 | Las Vegas Sands | - | - | 3.56 Bn | 641.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |