Las Vegas Sands Corp.'s Income Statement Analysis: Revenue to Profit Breakdown
Las Vegas Sands Corp.'s Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$4.23 B | $4.11 B | $10.37 B | $11.30 B | $13.02 B | $13.74 B |
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Cost of Revenue Direct cost of goods/services. |
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$3.67 B | $3.50 B | $6.47 B | $7.15 B | $9.35 B | $6.93 B |
Gross Profit Revenue minus cost of revenue. |
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$567.00 M | $614.00 M | $3.90 B | $4.15 B | $3.67 B | $6.81 B |
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Operating Expense
Costs to run business. |
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$1.21 B | $1.38 B | $1.55 B | $1.69 B | $579.00 M | $3.43 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | $241.00 M |
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Sales, General and Administrative
Selling and admin costs. |
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$1.21 B | $1.38 B | $1.55 B | $1.67 B | $579.00 M | $1.22 B |
General and Administrative Corporate overhead costs. |
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- | - | - | $1.44 B | - | $1.22 B |
Sales and Marketing Customer acquisition costs. |
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- | - | - | $228.00 M | - | - |
Other Expenses Other operating costs. |
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- | - | - | $19.00 M | - | $1.97 B |
Operating Income Profit from operations. |
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-$643.00 M | -$770.00 M | $2.36 B | $2.47 B | $3.09 B | $3.39 B |
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Net Interest Income
Interest income minus expense. |
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-$617.00 M | -$586.00 M | -$530.00 M | -$452.00 M | -$585.00 M | -$606.00 M |
Interest Income Income from investments. |
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$4.00 M | $116.00 M | $288.00 M | $275.00 M | $161.00 M | $154.00 M |
Interest Expense Cost of borrowing. |
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$621.00 M | $702.00 M | $818.00 M | $727.00 M | $746.00 M | $760.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$210.00 M | -$85.00 M | -$238.00 M | -$221.00 M | $130.00 M | $135.00 M |
Total Other Income (Net) Net non-operating items. |
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-$831.00 M | -$617.00 M | -$580.00 M | -$506.00 M | -$876.00 M | -$895.00 M |
Income Before Tax Profit before taxes. |
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-$1.47 B | -$1.39 B | $1.78 B | $1.96 B | $2.21 B | $2.49 B |
Income Tax Expense Taxes on income. |
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-$5.00 M | $154.00 M | $344.00 M | $208.00 M | $347.00 M | $391.00 M |
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Net Income
Final profit. |
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-$961.00 M | -$1.02 B | $1.22 B | $1.45 B | $1.63 B | $1.84 B |
Net Income From Continuing Operations Profit from core business. |
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-$1.47 B | -$1.54 B | $1.43 B | $1.75 B | $1.87 B | $2.10 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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$193.00 M | $46.00 M | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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-$1.26 | -$1.40 | $1.60 | $1.97 | $2.35 | $2.71 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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-$1.51 | -$1.40 | $1.60 | $1.96 | $2.35 | $2.70 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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764.00 M | 764.00 M | 763.00 M | 735.00 M | 691.00 M | 669.00 M |
Diluted Average Shares Outst. Shares including dilution. |
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764.00 M | 764.00 M | 765.00 M | 737.00 M | 693.00 M | 671.00 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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-$853.00 M | -$685.00 M | $2.59 B | $2.69 B | $2.96 B | $3.25 B |
EBITDA Earnings before interest, tax, D&A. |
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$188.00 M | $351.00 M | $3.92 B | $4.11 B | $4.50 B | $4.79 B |
Depreciation and Amortization Non-cash expense for assets. |
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$1.04 B | $1.04 B | $1.33 B | $1.43 B | $1.54 B | $1.54 B |
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Las Vegas Sands Corp.'s Assets vs Liabilities & Equity
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