Las Vegas Sands Earnings Reports

Las Vegas Sands posted a net revenue of $2.86 billion and net income of $408 million in Q1 2025. While the company faced headwinds in Macao, Marina Bay Sands delivered strong performance. Shareholder returns were bolstered by significant buybacks and consistent dividends.

Las Vegas Sands reported a net revenue of $2.90 billion and a net income of $392 million for the fourth quarter of 2024. The company's consolidated adjusted property EBITDA was $1.11 billion. Macao's ongoing recovery continued, while Marina Bay Sands delivered outstanding financial and operating performance.

Las Vegas Sands reported a net revenue of $2.68 billion and a net income of $353 million for the third quarter of 2024. The results were impacted by lower than expected hold in Singapore and disruptions from development work at the Londoner in Macao. The company repurchased $450 million of common stock and the board authorized $2.0 billion in future stock repurchases and increased the annual dividend to $1.00 per share for 2025.

Las Vegas Sands reported a net revenue of $2.76 billion and a net income of $424 million for the second quarter of 2024. The company's consolidated adjusted property EBITDA was $1.07 billion. They repurchased $400 million of common stock during the quarter.

Las Vegas Sands reported a net revenue of $2.96 billion and a net income of $583 million for the quarter ended March 31, 2024. Consolidated Adjusted Property EBITDA reached $1.21 billion, with significant contributions from Macao and Marina Bay Sands. The company repurchased approximately $450 million of common stock during the quarter.

Las Vegas Sands Corp. reported net revenue of $2.92 billion and net income of $469 million for the fourth quarter of 2023. Consolidated Adjusted Property EBITDA reached $1.20 billion, with significant contributions from Macao and Marina Bay Sands. The company repurchased $505 million of its stock and is acquiring approximately $250 million of SCL stock.

Las Vegas Sands Corp. reported strong financial results for the quarter ended September 30, 2023, with net revenue of $2.80 billion and net income of $449 million. The recovery in travel and tourism spending in both Macao and Singapore progressed during the quarter. The board of directors has authorized $2.0 billion of share repurchases under our stock repurchase program through 2025.

Las Vegas Sands Corp. reported a net revenue of $2.54 billion and a net income of $368 million for the second quarter of 2023. The company's consolidated adjusted property EBITDA reached $973 million, marking its strongest financial performance since 2019. The company has reinstated its quarterly dividend at $0.20 per share.

Las Vegas Sands Corp. reported strong first-quarter 2023 results, driven by a robust recovery in travel and tourism spending in Macao and Singapore. Net revenue was $2.12 billion, compared to $943 million in the prior year quarter. Operating income was $378 million, compared to an operating loss of $302 million in the prior year quarter. Net income from continuing operations was $145 million, compared to a net loss of $478 million in the prior year. Consolidated adjusted property EBITDA was $792 million, compared to $110 million in the prior year quarter.

Las Vegas Sands Corp. reported a net revenue of $1.12 billion, a 10.8% increase from the prior year quarter. The operating loss was $166 million, and the net loss from continuing operations was $269 million. Marina Bay Sands continued its recovery, achieving record levels in mass gaming and retail revenue.

Las Vegas Sands Corp. reported net revenue of $1.01 billion and a net loss from continuing operations of $380 million for the quarter ended September 30, 2022. Marina Bay Sands reached $343 million in adjusted property EBITDA. The company remains confident in the recovery of travel and tourism spending across its markets and is focused on investing in its team members, communities, and Integrated Resort property portfolio.

Las Vegas Sands Corp. reported net revenue of $1.05 billion and an operating loss of $147 million for the quarter ended June 30, 2022. The recovery in Singapore accelerated, with Marina Bay Sands delivering $319 million in adjusted property EBITDA. The company remains confident in the recovery of travel and tourism spending across its markets and is committed to supporting its team members and local communities.

Las Vegas Sands Corp. reported a net revenue of $943 million, a decrease from $1.20 billion in the prior year quarter. The operating loss was $302 million, compared to $96 million in the prior year quarter. Net loss from continuing operations was $478 million, compared to $280 million in the first quarter of 2021. However, the company generated positive EBITDA at Marina Bay Sands in Singapore and for the company as a whole.

Las Vegas Sands Corp. reported a net revenue of $1.01 billion, a slight decrease of 0.7% from the prior year quarter. The company experienced an operating loss of $138 million and a net loss of $315 million. Despite these losses, the company generated positive EBITDA in each of its markets and is continuing with investment and capital expenditure programs to enhance its integrated resort offerings.

Las Vegas Sands Corp. reported net revenue of $857 million and an operating loss of $316 million for the quarter ended September 30, 2021. The company's financial results were impacted by heightened pandemic-related restrictions and reduced visitation, but it generated positive adjusted property EBITDA in Macao and Singapore.

Las Vegas Sands Corp. reported net revenue of $1.17 billion, an operating loss of $139 million, and a net loss from continuing operations of $280 million for the second quarter of 2021. Consolidated adjusted property EBITDA was $244 million. The company anticipates the sale of its Las Vegas real property and operations to close in the fourth quarter of 2021.

Las Vegas Sands Corp. reported a net revenue of $1.20 billion, a decrease of 15.6% from the prior year quarter. The operating loss was $96 million, and the net loss from continuing operations was $280 million. Consolidated adjusted property EBITDA was $244 million.

Las Vegas Sands Corp. reported a net revenue of $1.15 billion, a 67.3% decrease from the prior year quarter. The company experienced an operating loss of $211 million and a net loss of $376 million. Consolidated adjusted property EBITDA was $141 million, compared to $1.39 billion in the prior year quarter.

Las Vegas Sands Corp. reported a net revenue of $586 million for Q3 2020, a decrease of 82.0% compared to the prior year quarter. The company experienced an operating loss of $610 million and a net loss of $731 million. Despite these losses, Las Vegas Sands remains optimistic about the eventual recovery of travel and tourism and is continuing with its development and capital expenditure programs in Macao and Singapore.

Las Vegas Sands Corp. reported a challenging second quarter due to the COVID-19 pandemic, with net revenue decreasing by 97.1% to $98 million. The company faced an operating loss of $922 million and a net loss of $985 million. Despite these challenges, the company is optimistic about the eventual recovery of travel and tourism and is continuing with its capital expenditure programs in Macao and Singapore.

Las Vegas Sands Corp. reported a challenging first quarter in 2020, heavily impacted by the Covid-19 pandemic. Net revenue decreased by 51.1% to $1.78 billion, and operating income fell by 94.3% to $55 million. The company reported a net loss of $51 million, a stark contrast to the $744 million net income in the same quarter of the previous year. The company has suspended its quarterly dividend program due to the impact of the novel coronavirus (“COVID-19”) pandemic.

Las Vegas Sands Corp. reported a 1.0% increase in net revenue to $3.51 billion for the fourth quarter of 2019. Operating income increased 6.9% to $934 million, and net income rose to $783 million. The company's adjusted property EBITDA reached $1.39 billion, driven by growth in Singapore.