Las Vegas Sands (LVS) Share-based Compensation (2009 - 2026)
Las Vegas Sands' (LVS) quarterly Share-based Compensation came in at $6.0 million in Q1 2026, down 45.45% year-on-year from $11.0 million in Q1 2025, and up 116.22% quarter-over-quarter from -$37.0 million in Q4 2025.
Las Vegas Sands (LVS) Share-based Compensation (2009 - 2026) Analysis & Trends
Las Vegas Sands' Share-based Compensation history runs 18 years deep, the most recent figure standing at $6.0 million for Q1 2026.
- On a quarterly basis, Share-based Compensation fell 45.45% year-over-year to $6.0 million in Q1 2026; TTM through Mar 2026 was -$3.0 million, a 250.0% decrease from a year earlier, with the FY2025 full-year figure at $2.0 million, down 60.0% from the prior year.
- Share-based Compensation climbed to $6.0 million in Q1 2026 per LVS's latest filing, from -$37.0 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $32.0 million in Q3 2023 and bottomed at -$37.0 million in Q4 2025.
- The 5-year median for Share-based Compensation is $10.5 million (2022), against an average of $4.1 million.
- Across the five-year window, Share-based Compensation jumped 1300.0% in 2024 and sank 3800.0% in 2025, its largest moves.
- Year by year, Share-based Compensation stood at -$29.0 million in 2022, then jumped by 137.93% to $11.0 million in 2023, then plunged by 90.91% to $1.0 million in 2024, then sank by 3800.0% to -$37.0 million in 2025, then surged by 116.22% to $6.0 million in 2026.
- Per Business Quant, the three latest LVS Share-based Compensation figures stand at $6.0 million (Q1 2026), -$37.0 million (Q4 2025), and $14.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 6.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 35.14 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 25.74 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 7.70 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 24.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 7.44 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 14.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 7.70 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.00 Mn |
| Mar 31, 2026 | 6.00 Mn |
| Dec 31, 2025 | -37.00 Mn |
| Dec 31, 2025 | -37.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 14.00 Mn |
| Mar 31, 2025 | 11.00 Mn |
| Mar 31, 2025 | 11.00 Mn |
| Dec 31, 2024 | 1.00 Mn |
| Dec 31, 2024 | 1.00 Mn |
| Jun 30, 2024 | -10.00 Mn |
| Jun 30, 2024 | -10.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | 11.00 Mn |
| Dec 31, 2023 | 11.00 Mn |
| Sep 30, 2023 | 32.00 Mn |
| Sep 30, 2023 | 32.00 Mn |