Las Vegas Sands (LVS) Prepaid Assets (2010 - 2026)
Las Vegas Sands (LVS) recorded Prepaid Assets of $248 million in Q3 2026, up 20.4% from $206 million a year earlier but down 2.0% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Prepaid Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Las Vegas Sands reported Prepaid Assets of $203 million, up 11.5% from FY2024.
- Annual Prepaid Assets has increased for four straight years, with a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- Across earlier years, Prepaid Assets came in at $182 million in FY2024 (+21.3%), $150 million in FY2023 (+8.7%), $138 million in FY2022 (+22.1%) and $113 million in FY2021 (unchanged).
- Quarterly Prepaid Assets has ranged from $109 million in Q1 2022 to $253 million in Q2 2026 over the past five years.
- On a year-over-year basis, Prepaid Assets has increased for eight consecutive quarters, with growth averaging 24.7% over the last eight quarters.
- Peak year-over-year performance for Prepaid Assets in the last five years was growth of 62.2% in Q2 2025, against a decline of 8.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $253 million (Q2 2026), $213 million (Q1 2026) and $203 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 | 248.00 Mn |
| Jun 30, 2026 | 253.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Dec 31, 2025 | 203.00 Mn |
| Sep 30, 2025 | 206.00 Mn |
| Jun 30, 2025 | 240.00 Mn |
| Mar 31, 2025 | 209.00 Mn |
| Dec 31, 2024 | 182.00 Mn |
| Sep 30, 2024 | 163.00 Mn |
| Jun 30, 2024 | 148.00 Mn |
| Mar 31, 2024 | 141.00 Mn |
| Dec 31, 2023 | 150.00 Mn |
| Sep 30, 2023 | 173.00 Mn |
| Jun 30, 2023 | 154.00 Mn |
| Mar 31, 2023 | 127.00 Mn |
| Dec 31, 2022 | 138.00 Mn |
| Sep 30, 2022 | 138.00 Mn |
| Jun 30, 2022 | 120.00 Mn |
| Mar 31, 2022 | 109.00 Mn |
| Dec 31, 2021 | 113.00 Mn |
API Access
Las Vegas Sands Prepaid Assets 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=prepaid-assets&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();