v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Net revenues $ 3,154 $ 3,175 $ 6,739 $ 6,037
Operating expenses:        
Provision for credit losses 36 16 65 21
General and administrative 331 292 633 565
Corporate 74 69 157 142
Pre-opening 5 9 9 13
Development 43 69 84 138
Depreciation and amortization 350 371 707 733
Amortization of leasehold interests in land 21 20 42 35
Loss on disposal or impairment of assets 2 8 10 15
Total operating expenses 2,536 2,392 5,217 4,645
Operating income 618 783 1,522 1,392
Other income (expense):        
Interest income 31 42 66 84
Interest expense, net of amounts capitalized (189) (194) (377) (368)
Other income (expense) 1 (22) (2) (23)
Loss on modification or early retirement of debt 0 0 0 (5)
Income before income taxes 461 609 1,209 1,080
Income tax expense (88) (90) (195) (153)
Net income 373 519 1,014 927
Net income attributable to noncontrolling interests (27) (58) (101) (114)
Net income attributable to Las Vegas Sands Corp. $ 346 $ 461 $ 913 $ 813
Earnings per share:        
Basic $ 0.53 $ 0.66 $ 1.38 $ 1.15
Diluted $ 0.53 $ 0.66 $ 1.38 $ 1.15
Weighted average shares outstanding:        
Basic 654 695 661 704
Diluted 656 696 663 704
Casino [Member]        
Revenues:        
Net revenues $ 2,341 $ 2,415 $ 5,080 $ 4,542
Operating expenses:        
Cost of revenue 1,349 1,242 2,854 2,399
Rooms [Member]        
Revenues:        
Net revenues 359 345 736 669
Operating expenses:        
Cost of revenue 94 87 186 168
Food and Beverage [Member]        
Revenues:        
Net revenues 168 147 344 288
Operating expenses:        
Cost of revenue 145 130 294 256
Mall [Member]        
Revenues:        
Net revenues 198 187 402 373
Operating expenses:        
Cost of revenue 22 22 47 44
Convention, Retail and Other [Member]        
Revenues:        
Net revenues 88 81 177 165
Operating expenses:        
Cost of revenue $ 64 $ 57 $ 129 $ 116