---
schema_version: "secwatch.filing_event.v1"
accession: "0001300514-26-000004"
form_type: "8-K"
ticker: "LVS"
cik: "0001300514"
company_name: "LAS VEGAS SANDS CORP"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T06:54:39.392207+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Las Vegas Sands Q4 net revenue $3.65B (+26%), net income $448M

## Summary
- Q4 net revenue $3.65B vs $2.90B YoY; operating income $707M vs $590M; net income $448M vs $392M.
- Marina Bay Sands adjusted property EBITDA $806M (incl $45M hold benefit); Macao adj. EBITDA $608M (incl $26M hold).
- Repurchased $500M of LVS stock in Q4; quarterly dividend raised to $0.30/share payable Feb 18, 2026.
- Full year 2025 net income $1.63B ($2.35 EPS) vs $1.45B ($1.96 EPS) in 2024.
- Unrestricted cash $3.84B; total debt $15.63B; drew HKD 6.20B to redeem $800M SCL notes due Jan 8, 2026.

## SEC filing metadata
- accession: 0001300514-26-000004
- form_type: 8-K
- ticker: LVS
- cik: 0001300514
- company_name: LAS VEGAS SANDS CORP
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1300514/000130051426000004/0001300514-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1300514/000130051426000004/lvs-20260128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001300514-26-000004
- JSON: https://secwatch.observer/filing/0001300514-26-000004.json
- Plain text: https://secwatch.observer/filing/0001300514-26-000004.txt

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