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+26.8% | $9.79B+17.9% | $9.15B+10.1% | $8.58B+2.4% | $8.2B-0.1% | |
| Food and Beverage | $679M+13.5% | $644M+6.1% | $610M-0.2% | $597M-2.9% | $598M-2.0% | |
| Mall | $819M+6.8% | $801M+6.1% | $790M+2.7% | $780M-0.1% | $767M-1.5% | |
| Rooms | $1.48B+16.3% | $1.42B+11.6% | $1.36B+6.3% | $1.3B-0.6% | $1.27B-1.8% | |
| Accounts receivable, gross by Product | ||||||
| Casino | $2.92B+43.9% | $2.62B+29.2% | $2.25B+10.0% | $2.11B+4.6% | $2.03B+6.7% | |
| Mall | $187M+27.2% | $187M+16.9% | $170M-23.8% | $156M-38.3% | $147M-44.7% | |
| Rooms | $85M-22.7% | $85M-28.6% | $91M-26.6% | $100M-13.8% | $110M-0.9% | |
| Cost of revenue by Product | ||||||
| Casino | $5.62B+22.4% | $5.27B+14.2% | $4.92B+7.4% | $4.69B+2.7% | $4.59B+2.9% | |
| Food and Beverage | $585M+14.3% | $562M+9.8% | $533M+4.3% | $518M+1.6% | $512M+1.8% | |
| Mall | $95M+6.7% | $92M+5.7% | $94M+10.6% | $92M+8.2% | $89M+2.3% | |
| Rooms | $363M+14.9% | $352M+12.5% | $336M+8.4% | $326M+4.8% | $316M+3.6% | |
| Total Assets by Geography | ||||||
| Macao | $41.41B-3.1% | $40.96B-4.4% | $41.55B-0.9% | $42.27B+3.0% | $42.74B+4.9% | |
| Singapore | $30.1B+15.8% | $29.65B+17.0% | $28.07B+9.9% | $27.18B+8.5% | $26B+4.8% | |
| Finance lease, liability by Geography | ||||||
| Macao | $116M+75.8% | $107M+69.8% | $84M+21.7% | $76M+5.6% | $66M-10.8% | |
| Singapore | $4M— | $4M— | $4M— | —— | —— | |
| United States | $480M— | $475M— | $469M— | $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.
