Las Vegas Sands LVS Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenues by Product | ||||||
| Casino | $10.4B+6.3% | $9.79B+7.0% | $9.15B+6.6% | $8.58B+4.6% | $8.2B-1.2% | |
| Food and Beverage | $679M+5.4% | $644M+5.6% | $610M+2.2% | $597M-0.2% | $598M-1.5% | |
| Mall | $819M+2.2% | $801M+1.4% | $790M+1.3% | $780M+1.7% | $767M+1.6% | |
| Rooms | $1.48B+3.7% | $1.42B+4.6% | $1.36B+4.6% | $1.3B+2.5% | $1.27B-0.5% | |
| Accounts receivable, gross by Product | ||||||
| Casino | $2.92B+11.6% | $2.62B+16.3% | $2.25B+6.8% | $2.11B+3.8% | $2.03B+0.2% | |
| Mall | $187M0.0% | $187M+10.0% | $170M+9.0% | $156M+6.1% | $147M-8.1% | |
| Rooms | $85M0.0% | $85M-6.6% | $91M-9.0% | $100M-9.1% | $110M-7.6% | |
| Cost of revenue by Product | ||||||
| Casino | $5.62B+6.6% | $5.27B+7.0% | $4.92B+5.0% | $4.69B+2.2% | $4.59B-0.5% | |
| Food and Beverage | $585M+4.1% | $562M+5.4% | $533M+2.9% | $518M+1.2% | $512M0.0% | |
| Mall | $95M+3.3% | $92M-2.1% | $94M+2.2% | $92M+3.4% | $89M+2.3% | |
| Rooms | $363M+3.1% | $352M+4.8% | $336M+3.1% | $326M+3.2% | $316M+1.0% | |
| Total Assets by Geography | ||||||
| Macao | $41.41B+1.1% | $40.96B-1.4% | $41.55B-1.7% | $42.27B-1.1% | $42.74B-0.3% | |
| Singapore | $30.1B+1.5% | $29.65B+5.7% | $28.07B+3.3% | $27.18B+4.6% | $26B+2.6% | |
| Finance lease, liability by Geography | ||||||
| Macao | $116M+8.4% | $107M+27.4% | $84M+10.5% | $76M+15.2% | $66M+4.8% | |
| Singapore | $4M0.0% | $4M0.0% | $4M— | —— | —— | |
| United States | $480M+1.1% | $475M+1.3% | $469M+0.9% | $465M— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Las Vegas Sands break its business down?
- Las Vegas Sands (LVS) reports gain (loss) on disposition of property plant equipment by business across 2 parts — Corporate and Other and The Venetian Macao. Each is extracted from the segment footnotes and tracked over time.
- Where does Las Vegas Sands's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Las Vegas Sands's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
