Convention, Retail and Other — Cost of revenue
Las Vegas Sands Convention, Retail and Other — Cost of revenue decreased by 23.5% to $65.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $59.00M to $65.00M. Over 4 years (FY 2021 to FY 2025), Convention, Retail and Other — Cost of revenue shows an upward trend with a 32.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal operational inefficiencies or rising labor and utility costs, while a decrease suggests improved cost management.
Detailed definition
This metric captures the direct costs associated with operating convention facilities, managing retail spaces, and provi...
Peer comparison
Comparable to direct operating expenses for non-gaming segments at other large-scale hospitality and resort companies.
lvs_segment_convention_retail_and_other_cost_of_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $19.00M | $21.00M | $23.00M | $22.00M | $24.00M | $27.00M | $30.00M | $39.00M | $50.00M | $52.00M | $60.00M | $57.00M | $58.00M | $62.00M | $77.00M | $59.00M | $57.00M | $61.00M | $85.00M | $65.00M |
| QoQ Change | — | +10.5% | +9.5% | -4.3% | +9.1% | +12.5% | +11.1% | +30.0% | +28.2% | +4.0% | +15.4% | -5.0% | +1.8% | +6.9% | +24.2% | -23.4% | -3.4% | +7.0% | +39.3% | -23.5% |
| YoY Change | — | — | — | — | +26.3% | +28.6% | +30.4% | +77.3% | +108.3% | +92.6% | +100.0% | +46.2% | +16.0% | +19.2% | +28.3% | +3.5% | -1.7% | -1.6% | +10.4% | +10.2% |
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Frequently Asked Questions
- What is Las Vegas Sands's convention, retail and other — cost of revenue?
- Las Vegas Sands (LVS) reported convention, retail and other — cost of revenue of $65.00M in Q1 2026.
- How has Las Vegas Sands's convention, retail and other — cost of revenue changed year-over-year?
- Las Vegas Sands's convention, retail and other — cost of revenue increased by 10.2% year-over-year, from $59.00M to $65.00M.
- What is the long-term trend for Las Vegas Sands's convention, retail and other — cost of revenue?
- Over 4 years (2021 to 2025), Las Vegas Sands's convention, retail and other — cost of revenue has grown at a 32.5% compound annual growth rate (CAGR), from $85.00M to $262.00M.
- What does convention, retail and other — cost of revenue mean?
- The direct expenses incurred to operate convention and retail business segments.