FINHUB Insights

LVS · Q2 FY25 · Apr 1 – Jun 30, 2025

Las Vegas Sands Q2 FY25: where the revenue came from and where it went

Las Vegas Sands Q2 FY25: revenue $3.2B (+15% year over year). Net profit $0.5B. Largest cohort Casino $2.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 25, 2025 10-Q
Sankey diagram of Las Vegas Sands's income statement for Q2 FY25: revenue of $3.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$3.2B +15% year over year
Gross profit$1.9B 61% margin
Operating profit$0.8B 25% margin
Net profit$0.5B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 3.2 100% +15%
Casino 2.4 75% +19%
Occupancy 0.3 9% +10%
Mall 0.2 6% +7%
Food and Beverage 0.1 3% −1%
Product and Service Other 0.1 3% −11%
Cost of revenue−1.238%
Gross profit1.961% margin+2pp
Research & development−0.12%+0pp
SG&A−0.39%−1pp
Other−0.825%+0pp
Operating profit0.825% margin+3pp
Tax−0.1
Interest & other costs−0.2
Net profit0.515%+2pp
Filing on EDGAR More quarters of LVS

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters