Skip to content
OpenCapital
Get started

Las Vegas Sands LVS Casino — Cost of revenue

Other product segments

Food and Beverage
$149M+18.3%
Rooms
$92M+13.6%
Mall
$25M+13.6%

Similar metrics at other companies

MGM Resorts International logo
MGMCasino — Cost of Sales
$1.35B+8.5%
Caesars Entertainment, Inc. logo
CZRCasino — Cost of Product and Service Sold
$902M+4.8%
Wynn Resorts logo
WYNNCasino — Cost of Goods Sold
$732.67M+15.4%
PENN Entertainment, Inc. logo
PENNGaming — Cost of revenue
$807.9M-5.4%
Red Rock Resorts, Inc. logo
RRRCasino — Operating costs and expenses
$91.23M+2.0%
Monarch Casino & Resort logo
MCRICasino — Cost of Goods Sold
$28.73M+4.4%

Other financials

Income statement

See full
Revenue$3.6B+25.3%
Operating income$904.0M+48.4%
Net income$567.0M+61.1%
EPS (diluted)$0.85+73.5%

Balance sheet

See full
Cash & equivalents$3.5B+9.3%
Total debt$17.5B+4.2%
Total equity$1.2B-55.6%
Total assets$21.2B-0.3%

Cash flow

See full
Operating cash flow$731.0M+39.0%
CapEx$194.0M-48.8%
Free cash flow$537.0M+265%

Valuation

See full
Market cap$31.22B+3.7%
Enterprise value$45.32B+4.7%
P/E17×-4.4×
P/S2.3×-0.3×

Profitability

See full
Operating margin22.7%+2.2pp
Net margin13.4%+1.8pp
FCF margin17.1%+5.8pp

Returns & leverage

See full
Return on equity94.5%+55.3pp
Debt / equity14.6×+8.4×
Current ratio0.9×+0.3×

Where this comes from

Reported directly by Las Vegas Sands in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Las Vegas Sands’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Las Vegas Sands's casino — cost of revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Las Vegas Sands's casino — cost of revenue?
Las Vegas Sands (LVS) reported casino — cost of revenue of $1.51B in Q1 2026.
How has Las Vegas Sands's casino — cost of revenue changed year-over-year?
Las Vegas Sands's casino — cost of revenue increased by 30.1% year-over-year, from $1.16B to $1.51B.
What is the long-term trend for Las Vegas Sands's casino — cost of revenue?
Over 4 years (2021 to 2025), Las Vegas Sands's casino — cost of revenue has grown at a 26.3% compound annual growth rate (CAGR), from $2.07B to $5.27B.
What does casino — cost of revenue mean?
Includes the direct costs associated with operating casino gaming facilities, such as gaming taxes, payroll for gaming staff, and the cost of complimentary services provided to players. This metric is essential for calculating the gross margin of the gaming segment. It highlights the operational efficiency and the variable cost burden required to sustain gaming revenue generation.