Las Vegas Sands (LVS) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter rose sequentially and year over year. The positive results extend the recent growth pattern.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter rose sequentially and year over year. The positive results extend the recent growth pattern.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
+24.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.3B
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 |
|---|---|---|
| Dec 31, 2024 | $2.9B | -0.7% |
| Mar 31, 2025 | $2.9B | -3.3% |
| Jun 30, 2025 | $3.2B | +15.0% |
| Sep 30, 2025 | $3.3B | +24.2% |
Revenue performance
The quarter's revenue reached a new high relative to the prior few quarters, reflecting sustained demand.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased, and versus the same quarter one year ago, revenue also registered an increase.
What to watch
Operating cash flows for the nine-month period decreased compared to the same period last year, as detailed in the filing.