Las Vegas Sands (LVS) Other Operating Expenses (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Other Operating Expenses came in at -$8.0 million in Q1 2026, down 14.29% year-on-year from -$9.3 million in Q1 2025, and up 95.12% quarter-over-quarter from -$164.0 million in Q4 2025.
Las Vegas Sands (LVS) Other Operating Expenses (2009 - 2026) Analysis & Trends
Las Vegas Sands' Other Operating Expenses history runs 18 years deep, the most recent figure standing at -$8.0 million for Q1 2026.
- On a quarterly basis, Other Operating Expenses fell 14.29% year-over-year to -$8.0 million in Q1 2026; TTM through Mar 2026 was -$248.0 million, a 476.74% decrease from a year earlier, with the FY2025 full-year figure at -$247.0 million, down 394.0% from the prior year.
- Other Operating Expenses grew to -$8.0 million in Q1 2026 per LVS's latest filing, from -$164.0 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at -$1.0 million in Q4 2022 and bottomed at -$164.0 million in Q4 2025.
- The 5-year median for Other Operating Expenses is -$8.0 million (2025), against an average of -$21.3 million.
- Across the five-year window, Other Operating Expenses surged 88.89% in 2022 and sank 1722.22% in 2025, its largest moves.
- Year by year, Other Operating Expenses stood at -$1.0 million in 2022, then tumbled by 400.0% to -$5.0 million in 2023, then slumped by 80.0% to -$9.0 million in 2024, then sank by 1722.22% to -$164.0 million in 2025, then soared by 95.12% to -$8.0 million in 2026.
- Per Business Quant, the three latest LVS Other Operating Expenses figures stand at -$8.0 million (Q1 2026), -$164.0 million (Q4 2025), and -$68.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.00 Mn |
| Dec 31, 2025 | -164.00 Mn |
| Sep 30, 2025 | -68.00 Mn |
| Jun 30, 2025 | -8.00 Mn |
| Mar 31, 2025 | -7.00 Mn |
| Dec 31, 2024 | -9.00 Mn |
| Sep 30, 2024 | -11.00 Mn |
| Jun 30, 2024 | -16.00 Mn |
| Mar 31, 2024 | -14.00 Mn |
| Dec 31, 2023 | -5.00 Mn |
| Sep 30, 2023 | -4.00 Mn |
| Jun 30, 2023 | -4.00 Mn |
| Mar 31, 2023 | -14.00 Mn |
| Dec 31, 2022 | -1.00 Mn |
| Sep 30, 2022 | -2.00 Mn |
| Mar 31, 2022 | -6.00 Mn |
| Dec 31, 2021 | -9.00 Mn |
| Sep 30, 2021 | -4.00 Mn |
| Jun 30, 2021 | -11.00 Mn |
| Mar 31, 2021 | -3.00 Mn |