Las Vegas Sands (LVS) Selling, General & Administrative (2009 - 2026)
Las Vegas Sands (LVS) reported Selling, General & Administrative of $331 million for Q2 2026, up 13.4% from $292 million a year earlier and up 9.6% from the prior quarter.
Powered by 
Analysis
Las Vegas Sands (LVS) Selling, General & Administrative (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Las Vegas Sands' Selling, General & Administrative came in at $1.26 billion, up 8.2% year-over-year; for FY2025, it came in at $1.19 billion, up 3.3% from FY2024.
- Selling, General & Administrative has increased for five consecutive years, with a five-year compound annual growth rate of 8.3% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $1.15 billion in FY2024 (+3.9%), $1.11 billion in FY2023 (+18.3%), $936 million in FY2022 (+12.6%) and $831 million in FY2021 (+4.1%).
- The Q2 2026 figure ranks as the highest quarterly Selling, General & Administrative since Q3 2019.
- Year over year, Selling, General & Administrative has now increased in each of the last five quarters, with growth averaging 5.5% over the last eight quarters.
- The high point for year-over-year Selling, General & Administrative in five years was Q4 2022 (growth of 47.6%); the low point was Q4 2021 (a decline of 10.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $302 million (Q1 2026), $315 million (Q4 2025) and $308 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 331.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 545.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 85.44 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 169.44 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 66.03 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 270.12 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 1.26 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 211.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 521.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 61.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 331.00 Mn |
| Mar 31, 2026 | 302.00 Mn |
| Dec 31, 2025 | 315.00 Mn |
| Sep 30, 2025 | 308.00 Mn |
| Jun 30, 2025 | 292.00 Mn |
| Mar 31, 2025 | 273.00 Mn |
| Dec 31, 2024 | 303.00 Mn |
| Sep 30, 2024 | 293.00 Mn |
| Jun 30, 2024 | 268.00 Mn |
| Mar 31, 2024 | 286.00 Mn |
| Dec 31, 2023 | 287.00 Mn |
| Sep 30, 2023 | 290.00 Mn |
| Jun 30, 2023 | 279.00 Mn |
| Mar 31, 2023 | 251.00 Mn |
| Dec 31, 2022 | 242.00 Mn |
| Sep 30, 2022 | 238.00 Mn |
| Jun 30, 2022 | 238.00 Mn |
| Mar 31, 2022 | 218.00 Mn |
| Dec 31, 2021 | 164.00 Mn |
| Sep 30, 2021 | 223.00 Mn |
API Access
Las Vegas Sands Selling, General & Administrative 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=selling-general-and-administrative&ticker=LVS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=LVS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();