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Growth Metrics

Las Vegas Sands (LVS) Research & Development (2016 - 2025)

Las Vegas Sands has reported Research & Development over the past 17 years, most recently at $59.0 million for Q4 2025.

  • Quarterly results put Research & Development at $59.0 million for Q4 2025, changed 0.0% from a year ago — trailing twelve months through Dec 2025 was $269.0 million (up 17.98% YoY), and the annual figure for FY2025 was $269.0 million, up 17.98%.
  • Research & Development for Q4 2025 was $59.0 million at Las Vegas Sands, down from $72.0 million in the prior quarter.
  • Over the last five years, Research & Development for LVS hit a ceiling of $72.0 million in Q3 2025 and a floor of $9.0 million in Q1 2021.
  • Median Research & Development over the past 5 years was $53.5 million (2023), compared with a mean of $47.7 million.
  • Peak annual rise in Research & Development hit 566.67% in 2022, while the deepest fall reached 40.54% in 2022.
  • Las Vegas Sands' Research & Development stood at $50.0 million in 2021, then decreased by 30.0% to $35.0 million in 2022, then soared by 85.71% to $65.0 million in 2023, then dropped by 9.23% to $59.0 million in 2024, then changed by 0.0% to $59.0 million in 2025.
  • The last three reported values for Research & Development were $59.0 million (Q4 2025), $72.0 million (Q3 2025), and $69.0 million (Q2 2025) per Business Quant data.