Las Vegas Sands' first quarter revenue jumped 25% to $3.59 billion, driven by strong growth in Macao and Singapore.

Las Vegas Sands reported first quarter 2026 net revenue of $3.59 billion, an increase of 25.3% year-over-year, and diluted EPS of $0.85, up 73.5%. The results exceeded analyst expectations for both revenue and earnings.

Key Highlights

• Performance was driven by strong growth across its key markets, with Macao operations revenue up 23.7% to $2.11 billion and Marina Bay Sands revenue increasing 27.9% to $1.49 billion.
• Consolidated adjusted property EBITDA grew 24.6% to $1.42 billion, with Marina Bay Sands contributing $788 million and Macao operations adding $633 million.
• The company continued its capital return program, repurchasing $740 million of its common stock during the quarter.