Las Vegas Sands Q4 net revenue rises to $3.65 billion from $2.90 billion
Las Vegas Sands reported fourth-quarter 2025 results with net revenue of $3.65 billion, up from $2.90 billion a year earlier, and net income attributable to the company of $395 million, up from $324 million. The company also repurchased $500 million of its common stock during the quarter and announced a next quarterly dividend of $0.30 per share.
Key points
- Net income attributable to Las Vegas Sands Corp. was $395 million, or $0.58 per diluted share, versus $324 million, or $0.45 per diluted share, in the fourth quarter of 2024.
- Adjusted earnings per diluted share, a non-GAAP measure, were $0.85 versus $0.54 a year earlier.
- Consolidated adjusted property EBITDA was $1.41 billion, compared with $1.11 billion in the prior year quarter.
- The company repurchased $500 million of common stock, and its next quarterly dividend of $0.30 per share is payable February 18, 2026.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing 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 January 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.