Las Vegas Sands develops and operates large-scale integrated resorts that combine hotels, casinos, convention space, retail and entertainment. Its flagship properties include Marina Bay Sands in Singapore and major resorts on the Cotai Strip in Macao. The business model emphasizes high-volume tourism and meetings traffic in Asia-focused gaming and leisure destinations rather than a pure Las Vegas strip presence.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 2,862 | — | 352 | -37.7% |
| Q2 2025 | 3,175 | — | 461 | 12.5% |
| Q3 2025 | 3,331 | — | 419 | 29.3% |
| Q4 2025 | 3,649 | — | 395 | 0.9% |
| Q1 2026 | 3,585 | 25.3% | 567 | 61.1% |
| Q2 2026 | 3,154 | -0.7% | 346 | -24.9% |
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