Operating Expenses

R&D

Las Vegas Sands R&D decreased by 30.5% to $41.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 40.6%, from $69.00M to $41.00M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 25.3% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

High spending signals a commitment to future growth and innovation, though it reduces current period earnings.

Detailed definition

Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...

Peer comparison

Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$37.00M$13.00M$50.00M$60.00M$22.00M$26.00M$35.00M$42.00M$54.00M$44.00M$65.00M$53.00M$61.00M$55.00M$59.00M$69.00M$69.00M$72.00M$59.00M$41.00M
QoQ Change-64.9%+284.6%+20.0%-63.3%+18.2%+34.6%+20.0%+28.6%-18.5%+47.7%-18.5%+15.1%-9.8%+7.3%+16.9%+0.0%+4.3%-18.1%-30.5%
YoY Change-40.5%+100.0%-30.0%-30.0%+145.5%+69.2%+85.7%+26.2%+13.0%+25.0%-9.2%+30.2%+13.1%+30.9%+0.0%-40.6%
Range$13.00M$72.00M
CAGR+2.2%
Avg YoY Growth+24.3%
Median YoY Growth+19.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Las Vegas Sands's r&d?
Las Vegas Sands (LVS) reported r&d of $41.00M in Q1 2026.
How has Las Vegas Sands's r&d changed year-over-year?
Las Vegas Sands's r&d decreased by 40.6% year-over-year, from $69.00M to $41.00M.
What is the long-term trend for Las Vegas Sands's r&d?
Over 4 years (2021 to 2025), Las Vegas Sands's r&d has grown at a 25.3% compound annual growth rate (CAGR), from $109.00M to $269.00M.
What does r&d mean?
The money spent on creating new technology and improving existing products.