Las Vegas Sands Q2 net income falls to $373 million; buyback raised to $6.0 billion
Las Vegas Sands reported second-quarter 2026 net revenue of $3.15 billion, down from $3.18 billion a year earlier, and net income of $373 million, down from $519 million. The company said unusually low hold in Macao rolling play hurt results, and on July 21, 2026 its board raised the remaining buyback authorization to $6.0 billion, extended to July 21, 2029.
Key points
- Net revenue $3.15 billion vs. $3.18 billion in Q2 2025; diluted EPS $0.53 vs. $0.66
- Adjusted earnings per diluted share $0.59 vs. $0.79; consolidated adjusted property EBITDA $1.12 billion vs. $1.33 billion
- Company repurchased $787 million of common stock in the quarter; remaining authorization was $29 million as of June 30, 2026
- Quarterly dividend of $0.30 per share payable August 12, 2026, to holders of record on August 4, 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 July 22, 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.