Las Vegas Sands (LVS) Revenue (2009 - 2026)
Las Vegas Sands (LVS) reported Revenue of $3.22 billion for Q3 2026, down 3.5% from $3.33 billion a year earlier but up 2.0% from the prior quarter.
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Analysis
Las Vegas Sands (LVS) Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Las Vegas Sands' Revenue came in at $13.6 billion, up 10.9% year-over-year; for FY2025, it was $13.02 billion, up 15.2% from FY2024.
- Revenue has increased for three consecutive years, with a five-year compound annual growth rate of 34.7% (FY2020 to FY2025).
- By year, Revenue came in at $11.3 billion in FY2024 (+8.9%), $10.37 billion in FY2023 (+152.4%), $4.11 billion in FY2022 (-2.9%) and $4.23 billion in FY2021 (+44.0%).
- Five-year quarterly Revenue spans a low of $943 million in Q1 2022 and a high of $3.65 billion in Q4 2025.
- Year over year, Revenue gained in four of the last eight quarters, with growth averaging 10.3%.
- The high point for year-over-year Revenue in five years was Q3 2023 (growth of 178.1%); the low point was Q1 2022 (a decline of 21.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $3.15 billion (Q2 2026), $3.59 billion (Q1 2026) and $3.65 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 43.71 Bn | 37.08 Bn | 655.12 Mn | 1.69 Bn |
| 2 | Vail Resorts | 27.65 Bn | 26.37 Bn | - | 278.07 Mn |
| 3 | Las Vegas Sands | 25.32 Bn | 12.14 Bn | 1.47 Bn | 3.22 Bn |
| 4 | DraftKings | 16.83 Bn | 12.62 Bn | 429.05 Mn | 1.33 Bn |
| 5 | Flutter Entertainment | 14.10 Bn | 7.73 Bn | 1.52 Bn | 3.87 Bn |
| 6 | Life Time Group Holdings | 10.44 Bn | 9.61 Bn | 419.01 Mn | 893.52 Mn |
| 7 | MGM Resorts International | 8.43 Bn | -8.70 Mn | 1.73 Bn | 4.21 Bn |
| 8 | MSG Knickerbockers | 7.58 Bn | 7.19 Bn | 36.67 Mn | 45.49 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 824.00 Mn |
| 10 | Churchill Downs | 6.84 Bn | 6.10 Bn | 207.00 Mn | 696.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.22 Bn |
| Jun 30, 2026 | 3.15 Bn |
| Mar 31, 2026 | 3.59 Bn |
| Dec 31, 2025 | 3.65 Bn |
| Sep 30, 2025 | 3.33 Bn |
| Jun 30, 2025 | 3.18 Bn |
| Mar 31, 2025 | 2.86 Bn |
| Dec 31, 2024 | 2.90 Bn |
| Sep 30, 2024 | 2.68 Bn |
| Jun 30, 2024 | 2.76 Bn |
| Mar 31, 2024 | 2.96 Bn |
| Dec 31, 2023 | 2.92 Bn |
| Sep 30, 2023 | 2.80 Bn |
| Jun 30, 2023 | 2.54 Bn |
| Mar 31, 2023 | 2.12 Bn |
| Dec 31, 2022 | 1.12 Bn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 943.00 Mn |
| Dec 31, 2021 | 1.01 Bn |
API Access
Las Vegas Sands Revenue 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=revenue&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();