Form 10-Q · Quarterly report
Las Vegas Sands 10-Q, filed Oct 23, 2026
- Filed
- CIK
- 0001300514
- Accession no.
- 0001300514-26-000103
Summary
Las Vegas Sands' third-quarter 2026 net revenues fell 3.5% year over year to $3.216 billion and net income fell 28.3% to $352 million, while nine-month net revenues rose 6.3% to $9.955 billion. The company said Macao remained competitive with lower adjusted property EBITDA despite higher revenue, and Singapore revenue grew but adjusted property EBITDA declined on higher casino operating expenses.
Key points
- Third-quarter diluted earnings per share fell to $0.48 from $0.61, and consolidated adjusted property EBITDA fell 16.7% to $1.119 billion.
- For the nine months ended September 30, 2026, net revenues were $9.955 billion, up 6.3%, while net income fell 3.7% to $1.366 billion.
- Las Vegas Sands repurchased $2.48 billion of common stock and paid $593 million in dividends in the first nine months of 2026.
- It reported $2.86 billion in unrestricted cash and cash equivalents and $4.27 billion in available borrowing capacity as of September 30, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2 — MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion should be read in conjunction with, and is qualified in its entirety by, the condensed consolidated financial statements and the notes thereto, and other financial information included in this Quarterly Report on Form 10-Q. Certain statements in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” are forward-looking statements. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.