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Las Vegas Sands LVS Total costs & expenses

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Segments

By geography

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Macao$1.36B+10.5%
Singapore$691M+11.5%
United States$83M+23.9%

Other financials

Income statement

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Revenue$3.2B-0.7%
Operating income$618.0M-21.1%
Net income$346.0M-24.9%
EPS (diluted)$0.53-19.7%

Balance sheet

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Cash & equivalents$3.5B-2.1%
Total debt$16.8B+0.5%
Total equity$581.0M-70.8%
Total assets$19.9B-8.9%

Cash flow

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Operating cash flow$682.0M+283%
CapEx$332.0M+16.1%
Free cash flow$350.0M

Valuation

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Market cap$29.7B-17.9%
Enterprise value$43.03B-12.8%
P/E17.2×-8.4×
P/S2.2×-0.9×

Profitability

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Operating margin21.5%+0.1pp
Net margin12.6%+0.4pp
FCF margin19.7%+13.4pp

Returns & leverage

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Return on equity134.3%+85.1pp
Debt / equity29×+20.6×
Current ratio-0.2×

Where this comes from

Reported directly by Las Vegas Sands in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: Las Vegas Sands’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001300514-26-000085
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization350371707733
Amortization of leasehold interests in land21204235
Loss on disposal or impairment of assets281015
2,5362,3925,2174,645
Operating income6187831,5221,392
Other income (expense):
Interest income31426684
Interest expense, net of amounts capitalized(189)(194)(377)(368)

Item 1. Financial Statements (unaudited)

FAQ

What is Las Vegas Sands's total costs & expenses?
Las Vegas Sands (LVS) reported total costs & expenses of $2.54B in Q2 2026.
How has Las Vegas Sands's total costs & expenses changed year-over-year?
Las Vegas Sands's total costs & expenses increased by 6.0% year-over-year, from $2.39B to $2.54B.
What is the long-term trend for Las Vegas Sands's total costs & expenses?
Over 4 years (2021 to 2025), Las Vegas Sands's total costs & expenses has grown at a 20.0% compound annual growth rate (CAGR), from $4.92B to $10.2B.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the business to generate revenue during a specific period, including cost of goods sold, operating expenses, and other overheads. It serves as a primary measure of the company's overall cost structure and operational efficiency. Monitoring this figure helps stakeholders evaluate management's ability to control expenditures relative to revenue growth.

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