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Las Vegas Sands LVS Accounts Receivable, Credit Loss Expense (Reversal)

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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$29.44B-19.1%
Enterprise value$42.77B-13.7%
P/E17.1×-8.7×
P/S2.2×-1.0×

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:ProvisionForDoubtfulAccounts.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Food and beverage145130294256
Mall22224744
Convention, retail and other6457129116
Provision for credit losses36166521
General and administrative331292633565
Corporate7469157142
Pre-opening59913
Development436984138

Item 1. Financial Statements (unaudited)

FAQ

What is Las Vegas Sands's accounts receivable, credit loss expense (reversal)?
Las Vegas Sands (LVS) reported accounts receivable, credit loss expense (reversal) of $36M in Q2 2026.
How has Las Vegas Sands's accounts receivable, credit loss expense (reversal) changed year-over-year?
Las Vegas Sands's accounts receivable, credit loss expense (reversal) increased by 125.0% year-over-year, from $16M to $36M.
What is the long-term trend for Las Vegas Sands's accounts receivable, credit loss expense (reversal)?
Over 3 years (2022 to 2025), Las Vegas Sands's accounts receivable, credit loss expense (reversal) has grown at a 78.3% compound annual growth rate (CAGR), from $15M to $85M.

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