Las Vegas Sands (LVS) Other Operating Expenses (2009 - 2026)
Las Vegas Sands (LVS) reported Other Operating Expenses of $176 million for Q3 2026, down 33.3% from $264 million a year earlier and down 2.8% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Other Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Las Vegas Sands' Other Operating Expenses came in at $926 million, up 15.9% year-over-year; for FY2025, it was $1.01 billion, up 53.0% from FY2024.
- Other Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 19.3% (FY2020 to FY2025).
- By year, Other Operating Expenses came in at $661 million in FY2024 (+22.6%), $539 million in FY2023 (+14.7%), $470 million in FY2022 (+10.6%) and $425 million in FY2021 (+1.4%).
- The Q3 2026 figure ranks as the lowest quarterly Other Operating Expenses since Q1 2025.
- Year over year, Other Operating Expenses gained in five of the last eight quarters, with growth averaging 24.5%.
- The high point for year-over-year Other Operating Expenses in five years was Q4 2025 (growth of 124.0%); the low point was Q3 2026 (a decline of 33.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $181 million (Q2 2026), $186 million (Q1 2026) and $383 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.00 Mn |
| Jun 30, 2026 | 3.00 Mn |
| Mar 31, 2026 | -4.00 Mn |
| Dec 31, 2025 | -160.00 Mn |
| Sep 30, 2025 | -61.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Dec 31, 2024 | -5.00 Mn |
| Sep 30, 2024 | -7.00 Mn |
| Jun 30, 2024 | -13.00 Mn |
| Mar 31, 2024 | -11.00 Mn |
| Dec 31, 2023 | -3.00 Mn |
| Sep 30, 2023 | -1.00 Mn |
| Jun 30, 2023 | 4.00 Mn |
| Mar 31, 2023 | -12.00 Mn |
| Dec 31, 2022 | 1.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | -2.00 Mn |
| Dec 31, 2021 | -5.00 Mn |
API Access
Las Vegas Sands Other Operating Expenses 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=other-operating-expenses&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "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=other-operating-expenses&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();