LAS VEGAS SANDS CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $13.0B | $11.3B | $10.4B | $4.1B | $4.2B |
| Selling, general & administrative | $1.2B | $1.1B | $1.1B | $936.0M | $831.0M |
| Research and development | $269.0M | $228.0M | $205.0M | $143.0M | $109.0M |
| Operating income | $2.8B | $2.4B | $2.3B | -$792.0M | -$689.0M |
| Interest expense | $746.0M | $727.0M | $818.0M | $702.0M | $621.0M |
| Pretax income | $2.2B | $2.0B | $1.8B | -$1.4B | -$1.5B |
| Income tax expense | $347.0M | $208.0M | $344.0M | $154.0M | -$5.0M |
| Net income | $1.6B | $1.4B | $1.2B | $1.8B | -$961.0M |
| Balance Sheet | |||||
| Cash and equivalents | $3.8B | $3.6B | $5.1B | $6.3B | $1.9B |
| Current assets | $4.8B | $4.3B | $5.8B | $6.7B | $5.5B |
| Total assets | $21.9B | $20.7B | $21.8B | $22.0B | $20.1B |
| Current liabilities | $4.2B | $5.8B | $4.4B | $3.9B | $2.6B |
| Total liabilities | $20.0B | $17.5B | $17.7B | $18.4B | $17.8B |
| Total debt | $15.8B | $13.7B | $14.1B | $16.1B | $14.9B |
| Stockholders' equity | $1.6B | $2.9B | $4.1B | $3.9B | $2.0B |
| Cash Flow Statement | |||||
| Cash from operations | $3.0B | $3.2B | $3.2B | -$944.0M | -$243.0M |
| Depreciation and amortization | $1.5B | $1.3B | $1.2B | $1.0B | $1.0B |
| Stock-based compensation | $54.0M | $55.0M | $44.0M | $39.0M | $22.0M |
| Capital expenditure | $1.2B | $1.6B | $1.0B | $651.0M | $828.0M |
| Free cash flow | $1.9B | $1.6B | $2.2B | -$1.6B | -$1.1B |
| Dividends paid | $833.0M | $590.0M | $305.0M | $0 | $0 |
| Share repurchases | $2.2B | $1.8B | $505.0M | $0 | $0 |
Shares outstanding 662.6M · Free float 47.8%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.