Every 10-Q that Las Vegas Sands Corp. (LVS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LVS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LVS filings page.
Las Vegas Sands reported mixed Q2 2026 results. Net revenues were $3,154 million, slightly below the prior year, and net income declined to $373 million as higher gaming taxes, marketing and payroll costs offset volume growth in Macao and at Marina Bay Sands, reducing quarterly consolidated adjusted property EBITDA to $1,119 million.
For the first half of 2026, performance improved overall. Net revenues reached $6,739 million (up 11.6%), net income $1,014 million and diluted EPS $1.38 (up 20.0%), driven by higher gaming and non‑gaming volumes in both Macao and Singapore. Liquidity consisted of $3.38 billion in unrestricted cash and $4.26 billion of available revolving credit capacity as of June 30, 2026, against a debt carrying amount of $15,262 million.
The company advanced large development and capital‑return plans, investing $526 million in capital expenditures, including the approximately $8.0 billion Marina Bay Sands expansion, where about $3.0 billion has been incurred, and continuing Macao concession investments. It repurchased $1,542 million of stock, paid $400 million in dividends year‑to‑date, declared a further $0.30 per‑share dividend, and expanded its share repurchase authorization to $6.0 billion through July 2029.
Las Vegas Sands posted strong Q1 2026 results, driven by Macao and Singapore. Net revenues were $3.585 billion, up 25.3% from $2.862 billion a year earlier. Operating income rose to $904 million from $609 million, while net income increased to $641 million from $408 million. Diluted EPS grew to $0.85 from $0.49, a 73.5% increase.
Consolidated adjusted property EBITDA reached $1.421 billion, up 24.6%. Macao properties generated $633 million of adjusted property EBITDA, up 18.3%, supported by higher table and slot volumes and new premium suites. Marina Bay Sands delivered $788 million, up 30.2%, helped by a 31.4% jump in casino revenue and higher room rates after suite renovations.
The company generated $731 million in operating cash flow and invested $194 million in capital expenditures, mainly in Marina Bay Sands and Macao projects. It returned capital aggressively, repurchasing $746 million of stock and paying $202 million in dividends, while ending the quarter with $3.33 billion in cash and $13.90 billion of debt.
Las Vegas Sands (LVS) reported stronger Q3 2025 results. Net revenues rose to $3.33 billion from $2.68 billion a year ago. Operating income increased to $719 million from $504 million. Net income attributable to LVS was $419 million (diluted EPS $0.61) versus $275 million (EPS $0.38) in Q3 2024.
For the nine months ended September 30, 2025, net revenues were $9.37 billion and net income attributable to LVS was $1.23 billion (diluted EPS $1.77). Cash and equivalents were $3.35 billion, and total debt was $13.85 billion. The company repurchased $1.77 billion of common stock and declared dividends totaling $0.75 per share year‑to‑date.
LVS advanced major projects. At Marina Bay Sands, it paid SGD 1.13 billion (about $848 million) for additional gaming area and is progressing an estimated $8.0 billion expansion; $2.4 billion has been incurred to date. In Macao, the Londoner Grand hotel conversion was completed. Financing actions included new LVSC senior notes and new Singapore and Macao facilities, which refinanced near‑term maturities. Shares outstanding were 676,134,487 as of October 22, 2025.