Las Vegas Sands Q3 net income rises to $491 million on $3.33 billion in revenue
Las Vegas Sands reported third-quarter 2025 net revenue of $3.33 billion and net income of $491 million, up from $2.68 billion and $353 million a year earlier. The board also raised the stock repurchase authorization to $2.0 billion and approved a $0.20 increase in the recurring annual dividend to $1.20 per share for 2026, which affects how much capital is returned to shareholders.
Key points
- Net revenue was $3.33 billion, compared with $2.68 billion in the third quarter of 2024.
- Net income was $491 million, compared with $353 million; diluted EPS was $0.61, compared with $0.38.
- Consolidated adjusted property EBITDA was $1.34 billion, compared with $991 million.
- On October 21, 2025, the board raised the remaining buyback authorization to $2.0 billion, and the company repurchased $500 million of stock in the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.