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

Las Vegas Sands' Operating Income history runs 18 years deep, the most recent figure standing at $904.0 million for Q1 2026.

• In Q1 2026, Operating Income rose 48.44% year-over-year to $904.0 million; the TTM figure through Mar 2026 stood at $3.1 billion (up 35.7% YoY), while the FY2025 annual figure was $2.8 billion, up 17.32% from the prior year.
• Operating Income was $904.0 million for Q1 2026 at Las Vegas Sands, up from $707.0 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of $904.0 million in Q1 2026 to a low of -$302.0 million in Q1 2022.
• Historically, Operating Income has averaged $449.7 million across 5 years, with a median of $591.0 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Income sank 214.58% in 2022, then soared 527.71% in 2023.
• A 5-year view of Operating Income shows it stood at -$166.0 million in 2022, then jumped by 527.71% to $710.0 million in 2023, then declined by 16.9% to $590.0 million in 2024, then grew by 19.83% to $707.0 million in 2025, then increased by 27.86% to $904.0 million in 2026.
• The last three Operating Income figures came in at $904.0 million (Q1 2026), $707.0 million (Q4 2025), and $719.0 million (Q3 2025), per Business Quant data.