Las Vegas Sands (LVS) Profit After Tax (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Profit After Tax came in at $567.0 million in Q1 2026, up 61.08% year-on-year from $352.0 million in Q1 2025, and up 26.56% quarter-over-quarter from $448.0 million in Q4 2025.
Las Vegas Sands (LVS) Profit After Tax (2009 - 2026) Analysis & Trends
Las Vegas Sands' Profit After Tax history runs 18 years deep, the most recent figure standing at $567.0 million for Q1 2026.
- On a quarterly basis, Profit After Tax rose 61.08% year-over-year to $567.0 million in Q1 2026; TTM through Mar 2026 was $1.9 billion, a 30.42% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, down 7.13% from the prior year.
- Profit After Tax improved to $567.0 million in Q1 2026 per LVS's latest filing, from $448.0 million in the prior quarter.
- Across five years, Profit After Tax topped out at $583.0 million in Q1 2024 and bottomed at -$478.0 million in Q1 2022.
- The 5-year median for Profit After Tax is $353.0 million (2024), against an average of $227.6 million.
- Across the five-year window, Profit After Tax tumbled 70.71% in 2022 and surged 302.07% in 2024, its largest moves.
- Year by year, Profit After Tax stood at -$274.0 million in 2022, then soared by 239.42% to $382.0 million in 2023, then slipped by 15.18% to $324.0 million in 2024, then soared by 38.27% to $448.0 million in 2025, then advanced by 26.56% to $567.0 million in 2026.
- Per Business Quant, the three latest LVS Profit After Tax figures stand at $567.0 million (Q1 2026), $448.0 million (Q4 2025), and $419.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 567.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 125.14 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 150.54 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 105.54 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 68.24 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -98.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 314.44 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 68.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 82.72 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 6.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 567.00 Mn |
| Dec 31, 2025 | 448.00 Mn |
| Sep 30, 2025 | 419.00 Mn |
| Jun 30, 2025 | 461.00 Mn |
| Mar 31, 2025 | 352.00 Mn |
| Dec 31, 2024 | 324.00 Mn |
| Sep 30, 2024 | 353.00 Mn |
| Jun 30, 2024 | 424.00 Mn |
| Mar 31, 2024 | 583.00 Mn |
| Dec 31, 2023 | 382.00 Mn |
| Sep 30, 2023 | 380.00 Mn |
| Jun 30, 2023 | 312.00 Mn |
| Mar 31, 2023 | 145.00 Mn |
| Dec 31, 2022 | -274.00 Mn |
| Sep 30, 2022 | -239.00 Mn |
| Jun 30, 2022 | -290.00 Mn |
| Mar 31, 2022 | -478.00 Mn |
| Dec 31, 2021 | -315.00 Mn |
| Sep 30, 2021 | -495.00 Mn |
| Jun 30, 2021 | -242.00 Mn |