---
schema_version: "secwatch.filing_event.v1"
accession: "0001300514-25-000157"
form_type: "8-K"
ticker: "LVS"
cik: "0001300514"
company_name: "LAS VEGAS SANDS CORP"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:41:50.095369+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LVS Q3 net revenue $3.33B, net income $491M; dividend raised 20% to $1.20/yr; buyback auth to $2B

## Summary
- Net revenue $3.33B vs $2.68B YoY; net income $491M vs $353M; consolidated adj. property EBITDA $1.34B vs $991M.
- Macao adj. EBITDA $601M (high hold +$2M); Marina Bay Sands adj. EBITDA $743M (high hold +$43M).
- Quarterly dividend raised to $0.30/sh ($1.20 annual); next dividend payable Nov 12, 2025 to holders of record Nov 4.
- Repurchased $500M of LVS stock in Q3; board increased repurchase authorization to $2.0B, extended to Nov 2027.
- Capex $229M in Q3; total debt $15.63B; unrestricted cash $3.35B; access to $4.46B revolver and $4.89B delayed draw loan.

## SEC filing metadata
- accession: 0001300514-25-000157
- form_type: 8-K
- ticker: LVS
- cik: 0001300514
- company_name: LAS VEGAS SANDS CORP
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1300514/000130051425000157/0001300514-25-000157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1300514/000130051425000157/lvs-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001300514-25-000157
- JSON: https://secwatch.observer/filing/0001300514-25-000157.json
- Plain text: https://secwatch.observer/filing/0001300514-25-000157.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.