LVS
Income statement / Annual
Last year (2025), Las Vegas Sands Corp's total revenue was $13.02 B,
an increase of 15.22% from the previous year.
In 2025, Las Vegas Sands Corp's net income was $1.63 B.
See Las Vegas Sands Corp,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$13.02 B |
$11.30 B |
$10.37 B |
$4.11 B |
$4.23 B |
$2.94 B |
$12.13 B |
$13.73 B |
$12.73 B |
$11.27 B |
| Cost of Revenue |
$6.54 B
|
$5.78 B
|
$5.21 B
|
$2.46 B
|
$2.63 B
|
$2.12 B
|
$6.10 B
|
$6.97 B
|
$6.33 B
|
$5.69 B
|
| Gross Profit |
$6.48 B
|
$5.52 B
|
$5.17 B
|
$1.65 B
|
$1.61 B
|
$821.00 M
|
$6.03 B
|
$6.76 B
|
$6.40 B
|
$5.59 B
|
| Gross Profit Ratio |
0.5
|
0.49
|
0.5
|
0.4
|
0.38
|
0.28
|
0.5
|
0.49
|
0.5
|
0.5
|
| Research and Development Expenses |
$269.00 M
|
$228.00 M
|
$205.00 M
|
$143.00 M
|
$109.00 M
|
$18.00 M
|
$24.00 M
|
$12.00 M
|
$13.00 M
|
$9.00 M
|
| General & Administrative Expenses |
$1.19 B
|
$1.15 B
|
$1.11 B
|
$936.00 M
|
$831.00 M
|
$798.00 M
|
$1.12 B
|
$1.48 B
|
$1.42 B
|
$1.29 B
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$1.19 B
|
$1.15 B
|
$1.11 B
|
$936.00 M
|
$831.00 M
|
$798.00 M
|
$1.12 B
|
$1.48 B
|
$1.42 B
|
$1.29 B
|
| Other Expenses |
$1.94 B
|
$1.68 B
|
$1.50 B
|
$1.34 B
|
$1.36 B
|
$1.40 B
|
$1.52 B
|
$1.51 B
|
$1.51 B
|
$1.79 B
|
| Operating Expenses |
$3.39 B
|
$3.06 B
|
$2.81 B
|
$2.42 B
|
$2.30 B
|
$2.21 B
|
$2.66 B
|
$3.00 B
|
$2.94 B
|
$3.08 B
|
| Cost And Expenses |
$9.93 B
|
$8.83 B
|
$8.02 B
|
$4.88 B
|
$4.92 B
|
$4.33 B
|
$8.76 B
|
$9.98 B
|
$9.26 B
|
$8.77 B
|
| Interest Income |
$161.00 M
|
$275.00 M
|
$288.00 M
|
$116.00 M
|
$4.00 M
|
$21.00 M
|
$74.00 M
|
$59.00 M
|
$16.00 M
|
$10.00 M
|
| Interest Expense |
$746.00 M
|
$727.00 M
|
$818.00 M
|
$702.00 M
|
$621.00 M
|
$523.00 M
|
$449.00 M
|
$446.00 M
|
$327.00 M
|
$274.00 M
|
| Depreciation & Amortization |
$1.54 B
|
$1.37 B
|
$1.27 B
|
$1.09 B
|
$1.10 B
|
$1.05 B
|
$1.07 B
|
$1.15 B
|
$1.21 B
|
$1.15 B
|
| EBITDA |
$4.50 B |
$4.06 B |
$3.86 B |
$406.00 M |
$244.00 M |
-$301.00 M |
$5.12 B |
$4.92 B |
$4.59 B |
$3.69 B |
| EBITDA Ratio |
0.35
|
0.36
|
0.37
|
0.1
|
0.06
|
-0.1
|
0.42
|
0.36
|
0.36
|
0.33
|
| Operating Income Ratio |
0.24
|
0.22
|
0.23
|
-0.19
|
-0.16
|
-0.47
|
0.28
|
0.27
|
0.27
|
0.22
|
| Total Other Income/Expenses Net |
-$876.00 M
|
-$506.00 M
|
-$580.00 M
|
-$617.00 M
|
-$785.00 M
|
-$483.00 M
|
$235.00 M
|
-$425.00 M
|
-$410.00 M
|
-$238.00 M
|
| Income Before Tax |
$2.21 B
|
$1.96 B
|
$1.78 B
|
-$1.39 B
|
-$1.47 B
|
-$1.88 B
|
$3.60 B
|
$3.33 B
|
$3.05 B
|
$2.26 B
|
| Income Before Tax Ratio |
0.17
|
0.17
|
0.17
|
-0.34
|
-0.35
|
-0.64
|
0.3
|
0.24
|
0.24
|
0.2
|
| Income Tax Expense |
$347.00 M
|
$208.00 M
|
$344.00 M
|
$154.00 M
|
-$5.00 M
|
$24.00 M
|
$432.00 M
|
$375.00 M
|
-$209.00 M
|
$239.00 M
|
| Net Income |
$1.63 B
|
$1.45 B
|
$1.22 B
|
$1.83 B
|
-$961.00 M
|
-$1.69 B
|
$2.70 B
|
$2.41 B
|
$2.81 B
|
$1.68 B
|
| Net Income Ratio |
0.12
|
0.13
|
0.12
|
0.45
|
-0.23
|
-0.57
|
0.22
|
0.18
|
0.22
|
0.15
|
| EPS |
2.35 |
1.97 |
1.6 |
-1.4 |
-1.2578 |
-1.89 |
3.5 |
3.07 |
3.54 |
2.1 |
| EPS Diluted |
2.35 |
1.96 |
1.6 |
-1.4 |
-1.51 |
-1.89 |
3.5 |
3.07 |
3.54 |
2.1 |
| Weighted Average Shares Out |
$691.00 M
|
$735.00 M
|
$763.00 M
|
$764.00 M
|
$764.00 M
|
$764.00 M
|
$771.00 M
|
$786.00 M
|
$792.00 M
|
$794.63 M
|
| Weighted Average Shares Out Diluted |
$693.00 M
|
$737.00 M
|
$765.00 M
|
$764.00 M
|
$764.00 M
|
$764.00 M
|
$771.00 M
|
$786.00 M
|
$792.00 M
|
$795.21 M
|
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