LVS Q2 2025 Earnings — Las Vegas Sands Corp. Revenue & Financial Results | Market Cap Arena

LVSLas Vegas Sands Corp.

$37B

Q2 2025 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$3.2B+15.0% YoY

Gross Profit

$938M29.5% margin

Operating Income

$800M25.2% margin

Net Income

$461M14.5% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

$178M

Free Cash Flow

-$108M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$21.9B

Total Liabilities

$19.6B

Stockholders' Equity

$2.0B

Cash & Equivalents

$3.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$2.8B	+15.0%
Gross Profit	$938M	$1.0B	-7.3%
Operating Income	$800M	$610M	+31.1%
Net Income	$461M	$353M	+30.6%

Revenue Segments

Casino

$2.4B88%

Mall

$187M7%

Food and Beverage

$147M5%

Geographic Segments

Marina Bay Sands

$1.4B95%

Corporate Segment and Other Operating Segment

$67M5%