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AI English summary of an SEC filing — figures as filed

Las Vegas Sands logoLas Vegas Sands LVS

Las Vegas Sands said net revenue for Q3 2025 was $3.33 billion, compared to $2.68 billion in the prior year quarter, operating income was $719 million, compared to $504 million in the prior year quarter, and net income was $491 million, compared to $353 million in the prior year quarter.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Las Vegas Sands said net revenue for Q3 2025 was $3.33 billion, compared to $2.68 billion in the prior year quarter, operating income was $719 million, compared to $504 million in the prior year quarter, and net income was $491 million, compared to $353 million in the prior year quarter.

  2. The company said consolidated adjusted property EBITDA for Q3 2025 was $1.34 billion, compared to $991 million in the prior year quarter, with Marina Bay Sands adjusted property EBITDA of $743 million and Macao adjusted property EBITDA of $601 million.

  3. During Q3 2025, the company repurchased approximately 9 million shares at a weighted average price of $54.39 for a total investment of $500 million. As of September 30, the remaining authorized amount under the share repurchase program was $700 million, and on October 21 the Board of Directors authorized increasing the remaining share repurchase amount to $2.0 billion.

  4. As of September 30, 2025, Las Vegas Sands said unrestricted cash balances were $3.35 billion and total debt outstanding, net of deferred offering costs and original issue discounts, excluding finance leases, was $15.63 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q3 2025 Net Revenue $3.33 billion, Net Income $491 million

Las Vegas Sands said net revenue for Q3 2025 was $3.33 billion, compared to $2.68 billion in the prior year quarter, operating income was $719 million, compared to $504 million in the prior year quarter, and net income was $491 million, compared to $353 million in the prior year quarter.

Source · Based on the filing body and exhibits

Marina Bay Sands Adjusted Property EBITDA $743 million

The company said consolidated adjusted property EBITDA for Q3 2025 was $1.34 billion, compared to $991 million in the prior year quarter, with Marina Bay Sands adjusted property EBITDA of $743 million and Macao adjusted property EBITDA of $601 million.

Source · Based on the filing body and exhibits

Q3 Share Repurchase $500 million, Authorization Increased to $2.0 billion

During Q3 2025, the company repurchased approximately 9 million shares at a weighted average price of $54.39 for a total investment of $500 million. As of September 30, the remaining authorized amount under the share repurchase program was $700 million, and on October 21 the Board of Directors authorized increasing the remaining share repurchase amount to $2.0 billion.

Source · Based on the filing body and exhibits

Unrestricted Cash $3.35 billion, Total Debt $15.63 billion

As of September 30, 2025, Las Vegas Sands said unrestricted cash balances were $3.35 billion and total debt outstanding, net of deferred offering costs and original issue discounts, excluding finance leases, was $15.63 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.