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LAS VEGAS SANDS CORP

For the period ended Mar 31, 2025. Filed Apr 25, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 25, 2025

LVS$40.18-1.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

PART IFINANCIAL INFORMATION
Item 1.Financial Statements (unaudited)3
Condensed Consolidated Balance Sheets at March 31, 2025 and December 31, 20243
Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2025 and 20244
Condensed Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2025 and 20245
Condensed Consolidated Statements of Equity for the Three Months Ended March 31, 2025 and 20246
Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2025 and 20247
Notes to Condensed Consolidated Financial Statements8
Note 1 — Organization and Business of Company8
Note 2 — Accounts Receivable, Net and Customer Contract Related Liabilities9
Note 3 — Leasehold Interests in Land, Net10
Note 4 — Goodwill and Intangible Assets, Net11
Note 5 — Debt12
Note 6 — Equity and Earnings Per Share14
Note 7 — Leases16
Note 8 — Fair Value Disclosures16
Note 9 — Commitments and Contingencies17
Note 10 — Segment Information19
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23
Item 3.Quantitative and Qualitative Disclosures about Market Risk40
Item 4.Controls and Procedures40
PART IIOTHER INFORMATION
Item 1.Legal Proceedings41
Item 1A.Risk Factors41
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds41
Item 5.Other Information41
Item 6.Exhibits42
Signatures43
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.