LAS VEGAS SANDS CORP
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 6, 2026
LVS$40.82+1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
INDEX TO FINANCIAL STATEMENTS
| Financial Statements: | ||
|---|---|---|
| Reports of Independent Registered Public Accounting Firm (PCAOB ID 34) | 58 | |
| Consolidated Balance Sheets at December 31, 2025 and 2024 | 61 | |
| Consolidated Statements of Operations for each of the three years in the period ended December 31, 2025 | 62 | |
| Consolidated Statements of Comprehensive Income for each of the three years in the period ended December 31, 2025 | 63 | |
| Consolidated Statements of Equity for each of the three years in the period ended December 31, 2025 | 64 | |
| Consolidated Statements of Cash Flows for each of the three years in the period ended December 31, 2025 | 65 | |
| Notes to Consolidated Financial Statements | 67 | |
| Note 1 | Organization and Business of Company | 67 |
| Note 2 | Summary of Significant Accounting Policies | 69 |
| Note 3 | Loan Receivable | 76 |
| Note 4 | Restricted Cash and Cash Equivalents | 77 |
| Note 5 | Accounts Receivable, Net | 77 |
| Note 6 | Property and Equipment, Net | 78 |
| Note 7 | Leasehold Interests in Land, Net | 79 |
| Note 8 | Goodwill and Intangible Assets, Net | 80 |
| Note 9 | Other Accrued Liabilities | 82 |
| Note 10 | Derivative Instruments | 82 |
| Note 11 | Debt | 84 |
| Note 12 | Equity | 88 |
| Note 13 | Income Taxes | 90 |
| Note 14 | Fair Value Disclosures | 94 |
| Note 15 | Leases | 95 |
| Note 16 | Commitments and Contingencies | 99 |
| Note 17 | Stock-Based Compensation | 102 |
| Note 18 | Related Party Transactions | 106 |
| Note 19 | Segment Information | 108 |
| Note 20 | Selected Quarterly Financial Results (Unaudited) | 113 |
Financial statement schedules have been omitted because they are not applicable or the required information is included in the consolidated financial statements or the notes thereto.
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