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Growth Metrics

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

Las Vegas Sands (LVS) has 16 years of Research & Development data on record, last reported at $59.0 million in Q4 2025.

  • For Q4 2025, Research & Development changed 0.0% year-over-year to $59.0 million; the TTM value through Dec 2025 reached $269.0 million, up 17.98%, while the annual FY2025 figure was $269.0 million, 17.98% up from the prior year.
  • Research & Development reached $59.0 million in Q4 2025 per LVS's latest filing, down from $72.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $72.0 million in Q3 2025 and bottomed at $9.0 million in Q1 2021.
  • Average Research & Development over 5 years is $47.7 million, with a median of $53.5 million recorded in 2023.
  • The widest YoY moves for Research & Development: up 566.67% in 2022, down 40.54% in 2022.
  • A 5-year view of Research & Development shows it stood at $50.0 million in 2021, then dropped by 30.0% to $35.0 million in 2022, then surged by 85.71% to $65.0 million in 2023, then fell by 9.23% to $59.0 million in 2024, then changed by 0.0% to $59.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $59.0 million in Q4 2025, $72.0 million in Q3 2025, and $69.0 million in Q2 2025.