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Las Vegas Sands LVS Food and Beverage — Net revenues

Other product segments

Casino
$2.74B+28.8%
Rooms
$377M+16.4%
Mall
$204M+9.7%

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:Revenues.

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

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Questions, answered.

What is Las Vegas Sands's food and beverage — net revenues?
Las Vegas Sands (LVS) reported food and beverage — net revenues of $176M in Q1 2026.
How has Las Vegas Sands's food and beverage — net revenues changed year-over-year?
Las Vegas Sands's food and beverage — net revenues increased by 24.8% year-over-year, from $141M to $176M.
What is the long-term trend for Las Vegas Sands's food and beverage — net revenues?
Over 3 years (2021 to 2025), Las Vegas Sands's food and beverage — net revenues has grown at a 39.7% compound annual growth rate (CAGR), from $236M to $644M.
What does food and beverage — net revenues mean?
This metric represents the total revenue generated from food and beverage operations within integrated resort properties after deducting promotional allowances. It captures the income derived from dining outlets, catering services, and banquet events provided to guests. This revenue stream is a critical component of the non-gaming experience that drives foot traffic and increases the total length of stay for resort visitors.