LVS Q4 2025 Earnings — Las Vegas Sands Corp. Revenue & Financial Results | Market Cap Arena

LVSLas Vegas Sands Corp.

$37B

Q4 2025 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$3.6B+26.0% YoY

Gross Profit

$746M20.4% margin

Operating Income

$875M24.0% margin

Net Income

$395M10.8% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$930M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.9B

Total Liabilities

$20.0B

Stockholders' Equity

$1.6B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$2.9B	+26.0%
Gross Profit	$746M	$1.0B	-28.9%
Operating Income	$875M	$603M	+45.1%
Net Income	$395M	$324M	+21.9%

Revenue Segments

Casino

$2.7B87%

Mall

$229M7%

Food and Beverage

$191M6%

Geographic Segments

Marina Bay Sands

$2.8B95%

Corporate Segment and Other Operating Segment

$146M5%