Las Vegas Sands Reports Third Quarter 2026 Results
Key Highlights
- ➤Net revenue $3.22 billion, down from $3.33 billion year over year
- ➤Net income $352 million, down from $491 million year over year
- ➤Adjusted property EBITDA $1.12 billion, down from $1.34 billion
- ➤LVS repurchased $950 million of common stock during the quarter
- ➤2027 recurring dividend increased 20% to $1.44 per share annually
Expert Statements
Patrick Dumont, Chairman and chief executive officer of Las Vegas Sands
“We continued to execute our strategic objectives during the quarter in both Singapore and Macao while increasing the return of capital to shareholders, including through the repurchase of $950 million of our common stock during the quarter.”
Patrick Dumont, Chairman and chief executive officer of Las Vegas Sands
“At Marina Bay Sands in Singapore, we delivered solid financial performance. We remain enthusiastic about our growth prospects in Singapore both today and upon the completion of our ongoing expansion project, which will meaningfully increase our suite capacity and entertainment offerings, including through the introduction of an arena designed to be the most important entertainment venue in the region.”
Patrick Dumont, Chairman and chief executive officer of Las Vegas Sands
“We are encouraged by our progress in Macao during the quarter, with our ongoing investments in enhanced service and hospitality offerings contributing to growth in volumes across all gaming segments as compared to the prior year.”
Patrick Dumont, Chairman and chief executive officer of Las Vegas Sands
“We remain confident in our long-term strategy in both Singapore and Macao and will continue to invest in future growth.”
Patrick Dumont, Chairman and chief executive officer of Las Vegas Sands
“We are fortunate to have the balance sheet and cash flow strength to support our meaningful capital investment programs, positioning our portfolio of properties to capitalize on the growing demand for premium travel and world-class entertainment experiences in the region.”
Patrick Dumont, Chairman and chief executive officer of Las Vegas Sands
“We strongly believe that our people, our products and our focus on delivering outstanding service, hospitality and entertainment experiences to our customers will drive growth for the company and deliver strong returns to our shareholders in the years ahead.”
Las Vegas Sands Reports Third Quarter 2026 Results PR Newswire
* Net Revenue $3.22 billion * Net Income $352 million * Diluted Earnings per Share $0.48 * Consolidated Adjusted Property EBITDA $1.12 billion * LVS Repurchased $950 million of Common Stock During the Quarter * LVS Board of Directors Announced a 20% Increase in LVS's Recurring Common Stock Dividend for the 2027 Calendar Year, Raising the Annual Dividend to $1.44 per Share ($0.36 per Share per Quarter) LAS VEGAS, Oct. 21, 2026 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS), the leading global developer and operator of Integrated Resorts, today reported financial results for the quarter ended September 30, 2026.
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