Las Vegas Sands (NYSE: LVS) furnishes Q4 2025 results and non-GAAP metrics

Rhea-AI Filing Summary

Las Vegas Sands Corp. filed a current report to furnish its results of operations and financial condition for the fourth quarter ended December 31, 2025. The company issued a press release on January 28, 2026 detailing these quarterly results.

The press release, attached as Exhibit 99.1, includes several non-GAAP financial measures such as adjusted net income (loss), adjusted earnings (loss) per diluted share, and consolidated adjusted property EBITDA, alongside comparable GAAP measures. Management states it uses these metrics internally and believes they help investors better understand the company’s financial condition, operating performance, and cash flows.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)         January 28, 2026

LAS VEGAS SANDS CORP.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
001-32373						27-0099920
(Commission File Number)						(IRS Employer Identification No.)

5420 S. Durango Dr., Las Vegas, Nevada, 89113

(Address of principal executive offices) (Zip Code)

(702) 923-9000

(Registrant's Telephone Number, Including Area Code)

NOT APPLICABLE

 (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock ($0.001 par value)

LVS

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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ITEM 2.02. Results of Operations and Financial Condition.

The following information is being furnished under Item 2.02 - Results of Operations and Financial Condition.

On January 28, 2026, Las Vegas Sands Corp. (the “Company”) issued a press release announcing its results of operations for the fourth quarter ended December 31, 2025. The press release is attached as Exhibit 99.1 to this report and is incorporated by reference into this item.

Within the Company’s fourth quarter ended December 31, 2025 press release, the Company makes reference to certain non-GAAP financial measures that supplement the Company’s consolidated financial information prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) including “adjusted net income (loss),” “adjusted earnings (loss) per diluted share,” and “consolidated adjusted property EBITDA,” which have directly comparable GAAP financial measures. The Company believes these measures represent important internal measures of financial performance. The specific reasons why the Company’s management believes that the presentation of the non-GAAP financial measures provides useful information to investors regarding the Company’s financial condition, results of operations and cash flows are set forth in the press release.

ITEM 9.01. Financial Statements and Exhibits.

(d)			Exhibits
99.1			Press Release, dated January 28, 2026
104			Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized.

Dated: January 28, 2026

  

						LAS VEGAS SANDS CORP.
						By:			/S/ RANDY HYZAK
									Name:   Randy Hyzak Title:     Executive Vice President and Chief Financial Officer

FAQ

What did Las Vegas Sands Corp. (LVS) disclose in this 8-K filing?

Las Vegas Sands Corp. furnished its results of operations and financial condition for the fourth quarter ended December 31, 2025. The details are provided in a press release attached as Exhibit 99.1 and incorporated by reference.

Which period’s results are covered in Las Vegas Sands (LVS) latest report?

The disclosure covers Las Vegas Sands’ financial results for the fourth quarter ended December 31, 2025. These results are summarized in a press release dated January 28, 2026 and furnished as Exhibit 99.1.

What non-GAAP financial measures does Las Vegas Sands (LVS) reference?

Las Vegas Sands references adjusted net income (loss), adjusted earnings (loss) per diluted share, and consolidated adjusted property EBITDA. Each has a directly comparable GAAP measure and is used by management to evaluate financial performance and cash flows.

Why does Las Vegas Sands (LVS) use non-GAAP financial measures?

Management believes non-GAAP measures provide useful information about the company’s financial condition, results of operations, and cash flows. They supplement GAAP figures and are described in more detail, including reasons for use, within the attached press release.

Where can investors find the detailed Q4 2025 results for Las Vegas Sands (LVS)?

Investors can find detailed fourth quarter 2025 results in the press release attached as Exhibit 99.1 to the report. The company incorporates this exhibit by reference into the disclosure regarding results of operations and financial condition.

What exhibits accompany the Las Vegas Sands (LVS) 8-K on Q4 2025 results?

The report includes Exhibit 99.1, a press release dated January 28, 2026, presenting the quarterly results. It also includes Exhibit 104, the cover page interactive data file with XBRL tags embedded in the Inline XBRL document.