Geographic · CapEx
Macao — CapEx
Las Vegas Sands Macao — CapEx decreased by 10.1% to $89.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 54.8%, from $197.00M to $89.00M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ2 2020
Last reportedQ4 2025
How to read this metric
Higher spending indicates active expansion or renovation, while lower spending may signal a focus on cash preservation or completed project cycles.
Detailed definition
Represents the cash outflows used by the Macao segment to acquire, upgrade, or maintain physical assets such as casino p...
Peer comparison
Similar to capital expenditure reporting for other large-scale integrated resort operators in Asia.
Metric ID:
lvs_segment_macao_capital_expendituresHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $38.00M | $42.00M | $44.00M | $90.00M | $131.00M | $313.00M | $197.00M | $138.00M | $99.00M | $89.00M |
| QoQ Change | — | +10.5% | +4.8% | +104.5% | +45.6% | +138.9% | -37.1% | -29.9% | -28.3% | -10.1% |
| YoY Change | — | — | — | +136.8% | +211.9% | +611.4% | +118.9% | +5.3% | -68.4% | -54.8% |
Range$38.00M – $313.00M
CAGR+46.0%
Avg YoY Growth+137.3%
Median YoY Growth+118.9%
Current Streak4 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Las Vegas Sands's macao — capex?
- Las Vegas Sands (LVS) reported macao — capex of $89.00M in Q1 2026.
- How has Las Vegas Sands's macao — capex changed year-over-year?
- Las Vegas Sands's macao — capex decreased by 54.8% year-over-year, from $197.00M to $89.00M.
- What does macao — capex mean?
- The amount of money spent on physical assets and property improvements within the Macao segment.