FINHUB Insights

LVS · Q1 FY26 · Jan 1 – Mar 31, 2026

Las Vegas Sands Q1 FY26: where the revenue came from and where it went

Las Vegas Sands Q1 FY26: revenue $3.6B (+25% year over year). Net profit $0.6B. Largest cohort Casino $2.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 24, 2026 10-Q
Sankey diagram of Las Vegas Sands's income statement for Q1 FY26: revenue of $3.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$3.6B +25% year over year
Gross profit$2.1B 58% margin
Operating profit$0.9B 25% margin
Net profit$0.6B 16% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 3.6 100% +25%
Casino 2.7 75% +29%
Occupancy 0.4 11% +16%
Mall 0.2 6% +10%
Food and Beverage 0.2 6% +25%
Product and Service Other 0.1 3% +6%
Cost of revenue−1.542%
Gross profit2.158% margin−2pp
Research & development−01%−1pp
SG&A−0.38%−1pp
Other−0.823%+0pp
Operating profit0.925% margin+4pp
Tax−0.1
Interest & other costs−0.2
Net profit0.616%+4pp
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