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Growth Metrics

Las Vegas Sands (LVS) Operating Income (2016 - 2025)

Las Vegas Sands has reported Operating Income over the past 17 years, most recently at $707.0 million for Q4 2025.

  • Quarterly results put Operating Income at $707.0 million for Q4 2025, up 19.83% from a year ago — trailing twelve months through Dec 2025 was $2.8 billion (up 17.32% YoY), and the annual figure for FY2025 was $2.8 billion, up 17.32%.
  • Operating Income for Q4 2025 was $707.0 million at Las Vegas Sands, down from $719.0 million in the prior quarter.
  • Over the last five years, Operating Income for LVS hit a ceiling of $783.0 million in Q2 2025 and a floor of -$316.0 million in Q3 2021.
  • Median Operating Income over the past 5 years was $520.5 million (2023), compared with a mean of $302.6 million.
  • Biggest five-year swings in Operating Income: tumbled 1700.0% in 2021 and later surged 527.71% in 2023.
  • Las Vegas Sands' Operating Income stood at -$138.0 million in 2021, then decreased by 20.29% to -$166.0 million in 2022, then surged by 527.71% to $710.0 million in 2023, then fell by 16.9% to $590.0 million in 2024, then increased by 19.83% to $707.0 million in 2025.
  • The last three reported values for Operating Income were $707.0 million (Q4 2025), $719.0 million (Q3 2025), and $783.0 million (Q2 2025) per Business Quant data.