Citable filing context
LVS's research view summarizes recent SEC filing context, starting with earnings from Jul 22, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 22, 2026 | earnings | Las Vegas Sands reported Q2 2026 net revenue of $3.15 billion and net income of $373 million. |
| May 18, 2026 | other | LVS stockholders elected directors, ratified Deloitte & Touche LLP as auditors, and voted on executive compensation. |
| May 13, 2026 | debt_offering | Las Vegas Sands Corp completed a $1 billion public offering of 5.300% and 5.650% Senior Notes. |
| Jan 10, 2025 | Guidance: land_premium_payment | 1000.00 to 1000.00 |
| Apr 5, 2024 | Guidance: construction_start | not reported to not reported |
| Apr 5, 2024 | Guidance: project_completion | not reported to not reported |
| Jul 24, 2026 | mda_quarterly | Las Vegas Sands Corp. (LVS) reported mixed results for the first half of 2026, characterized by strong growth in Singapore offset by a competitive and cost-pressured environment in Macao. Net revenues for the six months ended June 30, 2026, rose 11.6% to $6.74 billion, with net income increasing 9.4% to $1.01 billion. However, the second quarter saw a 0.7% revenue decline and a 16.1% drop in consolidated adjusted property EBITDA, reflecting higher payroll and marketing expenses required to maintain market share in Macao. Marina Bay Sands remains a primary growth engine, with adjusted property EBITDA rising 7.6% in the first half of 2026, driven by an 11.7% increase in net gaming revenue. Conversely, Macao operations faced margin compression due to increased table game hours and service levels. The company continues to execute its $8.0 billion expansion project in Singapore, with construction expected to conclude by mid-2030. LVS maintains a robust liquidity position with $3.38 billion in unrestricted cash and $4.26 billion in available borrowing capacity. Capital allocation remains aggressive; the company repurchased $1.54 billion in common stock during the first half of 2026 and recently increased its repurchase authorization to $6.0 billion through July 2029. |
| Apr 24, 2026 | mda_quarterly | Las Vegas Sands reported strong first-quarter 2026 results, with net revenues increasing 25.3% to $3.585 billion and consolidated adjusted property EBITDA rising 24.6% to $1.421 billion. Growth was driven by both core markets. In Macao, net revenues grew 23.5%, bolstered by premium hospitality offerings such as the Londoner Grand, despite a competitive operating environment. Singapore’s Marina Bay Sands saw adjusted property EBITDA increase 30.2%, fueled by a 31.4% surge in gross gaming revenue to $1.13 billion and increased non-gaming volumes from new dining venues. Capital allocation remains aggressive; the company repurchased $746 million in common stock and paid $202 million in dividends. Significant long-term investments continue, including the $8 billion MBS Expansion Project in Singapore and Macao non-gaming concession commitments. Liquidity is robust, with $3.33 billion in unrestricted cash and $3.97 billion in available borrowing capacity. Management maintains compliance with all debt covenants, with leverage ratios ranging from 1.30x in Singapore to 3.29x for SCL. Key risks include competitive pressures in Macao, rising credit loss provisions, and the execution of large-scale construction projects. |
Source: SEC EDGAR filing text and events; period Jul 22, 2026; filed Jul 22, 2026.
LVS company research is available with Aerarium Pro (CAD $10/mo). The five showcase tickers (TSLA, NVDA, AAPL, AMZN, PLTR) and the macro dashboard stay free. Already a subscriber? Sign in to pick up where you left off.