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Las Vegas Sands LVS United States — Total Costs & Expenses

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Other financials

Income statement

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Revenue$3.2B-0.7%
Operating income$618.0M-21.1%
Net income$346.0M-24.9%
EPS (diluted)$0.53-19.7%

Balance sheet

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Cash & equivalents$3.5B-2.1%
Total debt$16.8B+0.5%
Total equity$581.0M-70.8%
Total assets$19.9B-8.9%

Cash flow

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Operating cash flow$682.0M+283%
CapEx$332.0M+16.1%
Free cash flow$350.0M

Valuation

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Market cap$29.7B-17.9%
Enterprise value$43.03B-12.8%
P/E17.2×-8.4×
P/S2.2×-0.9×

Profitability

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Operating margin21.5%+0.1pp
Net margin12.6%+0.4pp
FCF margin19.7%+13.4pp

Returns & leverage

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Return on equity134.3%+85.1pp
Debt / equity29×+20.6×
Current ratio-0.2×

Where this comes from

Reported directly by Las Vegas Sands in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: Las Vegas Sands’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001300514-26-000085
Line itemThe Venetian MacaoThe Londoner MacaoThe Parisian MacaoThe Plaza Macao and Four Seasons MacaoSands MacaoFerry Operations and OtherTotal MacaoMarina Bay SandsInter-company RoyaltiesTotal
Payroll and related expenses11711651302812354207561
Gaming taxes227301875942716249965
Other expenses(1)821014228142329023583608
Segment expenses42651818011784351,360691832,134
Segment/Consolidated adjusted property EBITDA$165$192$38$20$11$4$430$689$1,119
Other Operating Costs and Expenses
Stock-based compensation(2)(6)
Corporate(74)

Item 1. Financial Statements (unaudited)

FAQ

What is Las Vegas Sands's united states — total costs & expenses?
Las Vegas Sands (LVS) reported united states — total costs & expenses of $83M in Q2 2026.
What does united states — total costs & expenses mean?
This metric aggregates all operating costs, including labor, gaming taxes, property operations, and general administrative expenses incurred by the company's United States-based business units. It serves as a primary indicator of operational efficiency and cost control within the domestic portfolio. Analyzing this figure allows stakeholders to understand the margin profile and the impact of inflationary pressures on U.S. profitability.

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