Operating Expenses

Provision for Credit Losses

Las Vegas Sands Provision for Credit Losses decreased by 37.0% to $29.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 480.0%, from $5.00M to $29.00M. Over 3 years (FY 2022 to FY 2025), Provision for Credit Losses shows an upward trend with a 78.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2026

How to read this metric

An increase suggests deteriorating credit quality or portfolio growth, while a decrease may indicate improved borrower health or more conservative lending.

Detailed definition

This is an expense set aside to cover expected future losses on loans and credit card receivables. It reflects managemen...

Peer comparison

Standard for all lenders and credit card issuers.

Metric ID: provision_for_credit_losses

Historical Data

19 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.00M$3.00M$4.00M$2.00M$8.00M$1.00M-$6.00M$5.00M$3.00M$2.00M$11.00M$4.00M-$5.00M$9.00M$5.00M$16.00M$18.00M$46.00M$29.00M
QoQ Change+50.0%+33.3%-50.0%+300.0%-87.5%-700.0%+183.3%-40.0%-33.3%+450.0%-63.6%-225.0%+280.0%-44.4%+220.0%+12.5%+155.6%-37.0%
YoY Change+0.0%+166.7%-250.0%+150.0%-62.5%+100.0%+283.3%-20.0%-266.7%+350.0%-54.5%+300.0%+460.0%+411.1%+480.0%
Range-$6.00M$46.00M
CAGR+81.2%
Avg YoY Growth+136.5%
Median YoY Growth+150.0%

Frequently Asked Questions

What is Las Vegas Sands's provision for credit losses?
Las Vegas Sands (LVS) reported provision for credit losses of $29.00M in Q1 2026.
How has Las Vegas Sands's provision for credit losses changed year-over-year?
Las Vegas Sands's provision for credit losses increased by 480.0% year-over-year, from $5.00M to $29.00M.
What is the long-term trend for Las Vegas Sands's provision for credit losses?
Over 3 years (2022 to 2025), Las Vegas Sands's provision for credit losses has grown at a 78.3% compound annual growth rate (CAGR), from $15.00M to $85.00M.
What does provision for credit losses mean?
The amount of money set aside to cover potential losses from unpaid loans.