Las Vegas Sands
LVS

Las Vegas Sands (LVS) earnings history

Most recent quarter

Period end
Jun 30, 2026
EPS surprise
−22.05%
Revenue
$3.2B
Reported
Jul 22, 2026

Las Vegas Sands reported Q2 2026 results on July 22, 2026. Earnings per share came in at $0.59, short of the $0.76 estimate by 22.05%. Revenue was $3.2 billion, 4.73% below the $3.3 billion consensus. Compared with Q2 2025, EPS fell about 25% from $0.79, while revenue was unchanged at $3.2 billion. Q1 2026 holds the highs in the table, at $0.91 per share and $3.6 billion.

The table starts with a long run of losses. Las Vegas Sands lost money in every quarter from Q3 2021 through Q4 2022, including a loss of $1.20 per share for 2022. It has reported a profit in every quarter since Q1 2023. Annual EPS rose from $1.86 in 2023 to $2.28 in 2024 and $3.01 in 2025. Revenue grew from $4.0 billion in 2022 to $13.0 billion in 2025. The first half of 2026 adds up to $1.50 per share, about 9% more than a year earlier. Over the last 20 quarters, the company beat the EPS estimate 10 times.

Las Vegas Sands reported Q3 between October 18 and October 23 in each of the past five years. That points to mid-to-late October 2026 for the next report.

Earnings history

PeriodReportedEPS estimateEPS actualSurpriseRevenueFiling
Q2 2026Jul 22, 2026$0.76$0.59−22.05%$3.2BSEC
Q1 2026Apr 22, 2026$0.76$0.91+20.31%$3.6BSEC
Q4 2025Jan 28, 2026$0.77$0.85+11.07%$3.6BSEC
Q3 2025Oct 22, 2025$0.62$0.78+26.38%$3.3BSEC
Q2 2025Jul 23, 2025$0.53$0.79+48.86%$3.2BSEC
Q1 2025Apr 23, 2025$0.57$0.59+3.84%$2.9BSEC
Q4 2024Jan 29, 2025$0.58$0.54−6.17%$2.9BSEC
Q3 2024Oct 23, 2024$0.53$0.44−17.48%$2.7BSEC
Q2 2024Jul 24, 2024$0.58$0.55−5.81%$2.8BSEC
Q1 2024Apr 17, 2024$0.62$0.75+21.58%$3.0BSEC
Q4 2023Jan 24, 2024$0.61$0.57−6.92%$2.9BSEC
Q3 2023Oct 18, 2023$0.55$0.55+0.70%$2.8BSEC
Q2 2023Jul 19, 2023$0.44$0.46+4.33%$2.5BSEC
Q1 2023Apr 19, 2023$0.20$0.28+40.99%$2.1BSEC
Q4 2022Jan 25, 2023−$0.09−$0.19−112.77%$1.1BSEC
Q3 2022Oct 19, 2022−$0.24−$0.27−14.50%$1.0BSEC
Q2 2022Jul 20, 2022−$0.26−$0.34−31.63%$1.0BSEC
Q1 2022Apr 27, 2022−$0.23−$0.40−75.05%$943.0MSEC
Q4 2021Jan 26, 2022−$0.24−$0.22+8.07%$1.0BSEC
Q3 2021Oct 20, 2021−$0.22−$0.46−106.19%$857.0MSEC

Quarterly revenue

Q3 2021
$857.0M
Q4 2021
$1.0B
Q1 2022
$943.0M
Q2 2022
$1.0B
Q3 2022
$1.0B
Q4 2022
$1.1B
Q1 2023
$2.1B
Q2 2023
$2.5B
Q3 2023
$2.8B
Q4 2023
$2.9B
Q1 2024
$3.0B
Q2 2024
$2.8B
Q3 2024
$2.7B
Q4 2024
$2.9B
Q1 2025
$2.9B
Q2 2025
$3.2B
Q3 2025
$3.3B
Q4 2025
$3.6B
Q1 2026
$3.6B
Q2 2026
$3.2B

Frequently asked questions

  • When did Las Vegas Sands (LVS) last report earnings?

    Las Vegas Sands last reported on Jul 22, 2026, covering fiscal Q2 2026.

  • Did LVS beat earnings estimates?

    No. Las Vegas Sands reported EPS of $0.59 for Q2 2026 against a $0.76 estimate — a 22.05% miss.

  • How much revenue did LVS report last quarter?

    Las Vegas Sands reported $3.2B in revenue for Q2 2026, against a consensus estimate of $3.3B.

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.