Las Vegas Sands (LVS) Revenue — Quarter Ended Mar 31, 2025
Revenue declined slightly compared to the previous quarter. It also decreased year over year.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue declined slightly compared to the previous quarter. It also decreased year over year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.9B
Revenue reported for this quarter.
Quarter-over-quarter
-1.2%
Change from the immediately preceding quarter.
Year-over-year
-3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $2.8B | +8.6% |
| Sep 30, 2024 | $2.7B | -4.0% |
| Dec 31, 2024 | $2.9B | -0.7% |
| Mar 31, 2025 | $2.9B | -3.3% |
Revenue performance
The company's revenue performance was consistent with the broader trends seen in its quarterly results over the past year.
Quarterly comparison
Compared to the prior quarter, revenue was marginally lower. The year-over-year comparison also showed a decline.
What to watch
The company's filing indicated reduced operating income from its Macao properties, a key factor to watch in upcoming quarters.