Las Vegas Sands (LVS) Net Income (2009 - 2026)
Las Vegas Sands (LVS) recorded Net Income of $352 million in Q3 2026, down 28.3% from $491 million a year earlier and down 5.6% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, Las Vegas Sands' Net Income came in at $1.81 billion as of Sep 30, 2026, up 0.2% year-over-year; for FY2025, it came in at $1.87 billion, up 6.5% from FY2024.
- Across earlier years, Net Income came in at $1.75 billion in FY2024 (+22.4%), $1.43 billion in FY2023 (-21.9%), $1.83 billion in FY2022 and -$961 million in FY2021.
- The Q3 2026 figure is the lowest quarterly Net Income since Q2 2023.
- On a year-over-year basis, Net Income rose in five of the last eight quarters, with growth averaging 6.1%.
- Peak year-over-year performance for Net Income in the last five years was growth of 296.6% in Q1 2024, against a decline of 94.2% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $373 million (Q2 2026), $641 million (Q1 2026) and $448 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn | 352.00 Mn |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn | -67.61 Mn |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn | -296.00 Mn |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn | 106.49 Mn |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn | 182.57 Mn |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn | 39.21 Mn |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn | 28.30 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 133.00 Mn |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn | 80.00 Mn |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn | -123.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 352.00 Mn |
| 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 | 382.00 Mn |
| Sep 30, 2023 | 380.00 Mn |
| Jun 30, 2023 | 312.00 Mn |
| Mar 31, 2023 | 147.00 Mn |
| Dec 31, 2022 | -169.00 Mn |
| Sep 30, 2022 | -239.00 Mn |
| Jun 30, 2022 | -290.00 Mn |
| Mar 31, 2022 | 2.53 Bn |
| Dec 31, 2021 | -123.00 Mn |
API Access
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_KEYimport 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();