The financials
Las Vegas Sands by the numbers
Las Vegas Sands (LVS) reported revenue of $3.15B in Q2 2026 (quarter ended June 30, 2026), down 0.7% from the same quarter a year earlier. That came with net income of $346M (11% of revenue). For the full year FY2025, revenue was $13.0B (+15% year on year) and net income $1.63B. Its largest segment in 2026-Q2 was Marina Bay Sands at $1.02B, 44% of the disclosed total, just ahead of The Londoner Macao at 23%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $3.15B | $3.17B | −0.7% |
| Operating income | $618M | $783M | −21% |
| Net income | $346M | $461M | −25% |
| Diluted EPS | $0.53 | $0.66 | −20% |
| Operating | Revenue | Share |
|---|---|---|
| Marina Bay Sands | $1.02B | 44% |
| The Londoner Macao | $548M | 23% |
| Venetian Macao | $457M | 20% |
| Parisian Macao | $165M | 7.0% |
| Sands Macao | $88M | 3.8% |
| The Plaza Macao And Four Seasons Macao | $59M | 2.5% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.33B (-15%)
Sands Macao grew +40% year on yearThe Plaza Macao And Four Seasons Macao -52% year on year
Segment Latestquarter on quarteryear on year
- Marina Bay Sands$1.02B$1.02BQoQ -9.1%year on year -4.1%-9.1%-4.1%
- The Londoner Macao$548.0M$548.0MQoQ -6.2%year on year +11%-6.2%+11%
- Venetian Macao$457.0M$457.0MQoQ -18%year on year -13%-18%-13%
- Parisian Macao$165.0M$165.0MQoQ -6.3%year on year +15%-6.3%+15%
- Sands Macao$88.0M$88.0MQoQ +3.5%year on year +40%+3.5%+40%
- The Plaza Macao And Four Seasons Macao$59.0M$59.0MQoQ -72%year on year -52%-72%-52%
- Corporate And Other$0.00$0.00QoQ -year on year ---
- Ferry Operations and Other$0.00$0.00QoQ -year on year ---
- Macao Operating−$14.0M−$14.0MQoQ -year on year ---
Resorts & Casinos
Ranks #1 of 12 by Smart Score