Las Vegas Sands (LVS) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.59
- EPS estimate
- $0.76
- EPS surprise
- −22.05%
- Revenue surprise
- −4.73%
- Revenue
- $3.2B
- Revenue estimate
- $3.3B
- 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
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 22, 2026 | $0.76 | $0.59 | −22.05% | $3.2B | SEC |
| Q1 2026 | Apr 22, 2026 | $0.76 | $0.91 | +20.31% | $3.6B | SEC |
| Q4 2025 | Jan 28, 2026 | $0.77 | $0.85 | +11.07% | $3.6B | SEC |
| Q3 2025 | Oct 22, 2025 | $0.62 | $0.78 | +26.38% | $3.3B | SEC |
| Q2 2025 | Jul 23, 2025 | $0.53 | $0.79 | +48.86% | $3.2B | SEC |
| Q1 2025 | Apr 23, 2025 | $0.57 | $0.59 | +3.84% | $2.9B | SEC |
| Q4 2024 | Jan 29, 2025 | $0.58 | $0.54 | −6.17% | $2.9B | SEC |
| Q3 2024 | Oct 23, 2024 | $0.53 | $0.44 | −17.48% | $2.7B | SEC |
| Q2 2024 | Jul 24, 2024 | $0.58 | $0.55 | −5.81% | $2.8B | SEC |
| Q1 2024 | Apr 17, 2024 | $0.62 | $0.75 | +21.58% | $3.0B | SEC |
| Q4 2023 | Jan 24, 2024 | $0.61 | $0.57 | −6.92% | $2.9B | SEC |
| Q3 2023 | Oct 18, 2023 | $0.55 | $0.55 | +0.70% | $2.8B | SEC |
| Q2 2023 | Jul 19, 2023 | $0.44 | $0.46 | +4.33% | $2.5B | SEC |
| Q1 2023 | Apr 19, 2023 | $0.20 | $0.28 | +40.99% | $2.1B | SEC |
| Q4 2022 | Jan 25, 2023 | −$0.09 | −$0.19 | −112.77% | $1.1B | SEC |
| Q3 2022 | Oct 19, 2022 | −$0.24 | −$0.27 | −14.50% | $1.0B | SEC |
| Q2 2022 | Jul 20, 2022 | −$0.26 | −$0.34 | −31.63% | $1.0B | SEC |
| Q1 2022 | Apr 27, 2022 | −$0.23 | −$0.40 | −75.05% | $943.0M | SEC |
| Q4 2021 | Jan 26, 2022 | −$0.24 | −$0.22 | +8.07% | $1.0B | SEC |
| Q3 2021 | Oct 20, 2021 | −$0.22 | −$0.46 | −106.19% | $857.0M | SEC |
Quarterly revenue
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.
