Discontinued — last reported Q2 '21
Las Vegas Sands Pre-opening costs remained flat by 0.0% to $4.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $4.00M to $4.00M. Over 4 years (FY 2021 to FY 2025), Pre-opening costs shows an upward trend with a 6.0% CAGR.
An increase signals active development and future growth projects, while a decrease suggests a pause in capital expansion.
Pre-opening costs are expenses incurred during the development and preparation phase of a new property or significant ex...
Common in hospitality and retail; peers often highlight these to explain temporary margin compression during growth phases.
pre_opening_costs| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.00M | $6.00M | $4.00M | $4.00M | $3.00M | $4.00M | $2.00M | $2.00M | $8.00M | $3.00M | $2.00M | $3.00M | $3.00M | $4.00M | $4.00M | $4.00M | $9.00M | $7.00M | $4.00M | $4.00M |
| QoQ Change | — | +50.0% | -33.3% | +0.0% | -25.0% | +33.3% | -50.0% | +0.0% | +300.0% | -62.5% | -33.3% | +50.0% | +0.0% | +33.3% | +0.0% | +0.0% | +125.0% | -22.2% | -42.9% | +0.0% |
| YoY Change | — | — | — | — | -25.0% | -33.3% | -50.0% | -50.0% | +166.7% | -25.0% | +0.0% | +50.0% | -62.5% | +33.3% | +100.0% | +33.3% | +200.0% | +75.0% | +0.0% | +0.0% |