Las Vegas Sands annual r&d spending
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2025
Las Vegas Sands R&D Spending Growth & History (LVS)
Las Vegas Sands's r&d spending was $269.0M for fiscal 2025.
View full Las Vegas Sands company overviewLas Vegas Sands annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $269.0M | $41.0M | +17.98% |
| 2024 | 2024-12-31 | $228.0M | $23.0M | +11.22% |
| 2023 | 2023-12-31 | $205.0M | $62.0M | +43.36% |
| 2022 | 2022-12-31 | $143.0M | $34.0M | +31.19% |
| 2021 | 2021-12-31 | $109.0M | $91.0M | +505.56% |
| 2020 | 2020-12-31 | $18.0M | −$6.0M | −25.00% |
| 2019 | 2019-12-31 | $24.0M | $12.0M | +100.00% |
| 2018 | 2018-12-31 | $12.0M | −$1.0M | −7.69% |
| 2017 | 2017-12-31 | $13.0M | $4.0M | +44.44% |
| 2016 | 2016-12-31 | $9.0M | −$1.0M | −10.00% |
| 2015 | 2015-12-31 | $10.0M | −$4.0M | −28.57% |
| 2014 | 2014-12-31 | $14.0M | −$1.8M | −11.44% |
| 2013 | 2013-12-31 | $15.8M | −$4.1M | −20.79% |
| 2012 | 2012-12-31 | $20.0M | $8.6M | +76.48% |
| 2011 | 2011-12-31 | $11.3M | $9.5M | +534.27% |
| 2010 | 2010-12-31 | $1.8M | $1.3M | +234.52% |
| 2009 | 2009-12-31 | $533,000 | −$12.3M | −95.83% |
| 2008 | 2008-12-31 | $12.8M | — | — |
Las Vegas Sands quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $43.0M | −$26.0M | −37.68% |
| Q1 2026 | 2026-03-31 | $41.0M | −$28.0M | −40.58% |
| Q4 2025 | 2025-12-31 | $59.0M | $0 | 0.00% |
| Q3 2025 | 2025-09-30 | $72.0M | $17.0M | +30.91% |
| Q2 2025 | 2025-06-30 | $69.0M | $8.0M | +13.11% |
| Q1 2025 | 2025-03-31 | $69.0M | $16.0M | +30.19% |
| Q4 2024 | 2024-12-31 | $59.0M | −$6.0M | −9.23% |
| Q3 2024 | 2024-09-30 | $55.0M | $11.0M | +25.00% |
| Q2 2024 | 2024-06-30 | $61.0M | $7.0M | +12.96% |
| Q1 2024 | 2024-03-31 | $53.0M | $11.0M | +26.19% |
| Q4 2023 | 2023-12-31 | $65.0M | $30.0M | +85.71% |
| Q3 2023 | 2023-09-30 | $44.0M | $18.0M | +69.23% |
| Q2 2023 | 2023-06-30 | $54.0M | $32.0M | +145.45% |
| Q1 2023 | 2023-03-31 | $42.0M | −$18.0M | −30.00% |
| Q4 2022 | 2022-12-31 | $35.0M | −$15.0M | −30.00% |
| Q3 2022 | 2022-09-30 | $26.0M | $13.0M | +100.00% |
| Q2 2022 | 2022-06-30 | $22.0M | −$15.0M | −40.54% |
| Q1 2022 | 2022-03-31 | $60.0M | $51.0M | +566.67% |
| Q4 2021 | 2021-12-31 | $50.0M | $50.0M | — |
| Q3 2021 | 2021-09-30 | $13.0M | $10.0M | +333.33% |
| Q2 2021 | 2021-06-30 | $37.0M | $28.0M | +311.11% |
| Q1 2021 | 2021-03-31 | $9.0M | $3.0M | +50.00% |
| Q4 2020 | 2020-12-31 | $0 | −$11.0M | — |
| Q3 2020 | 2020-09-30 | $3.0M | −$1.0M | −25.00% |
| Q2 2020 | 2020-06-30 | $9.0M | $5.0M | +125.00% |
| Q1 2020 | 2020-03-31 | $6.0M | $1.0M | +20.00% |
| Q4 2019 | 2019-12-31 | $11.0M | $8.0M | +266.67% |
| Q3 2019 | 2019-09-30 | $4.0M | $0 | 0.00% |
| Q2 2019 | 2019-06-30 | $4.0M | $2.0M | +100.00% |
| Q1 2019 | 2019-03-31 | $5.0M | $2.0M | +66.67% |
| Q4 2018 | 2018-12-31 | $3.0M | −$2.0M | −40.00% |
| Q3 2018 | 2018-09-30 | $4.0M | $1.0M | +33.33% |
| Q2 2018 | 2018-06-30 | $2.0M | $0 | 0.00% |
| Q1 2018 | 2018-03-31 | $3.0M | $0 | 0.00% |
| Q4 2017 | 2017-12-31 | $5.0M | $3.0M | +150.00% |
| Q3 2017 | 2017-09-30 | $3.0M | $0 | 0.00% |
| Q2 2017 | 2017-06-30 | $2.0M | $0 | 0.00% |
| Q1 2017 | 2017-03-31 | $3.0M | $1.0M | +50.00% |
| Q4 2016 | 2016-12-31 | $2.0M | −$972,000 | −32.71% |
| Q3 2016 | 2016-09-30 | $3.0M | −$147,000 | −4.67% |
| Q2 2016 | 2016-06-30 | $2.0M | −$348,000 | −14.82% |
| Q1 2016 | 2016-03-31 | $2.0M | $467,000 | +30.46% |
| Q4 2015 | 2015-12-31 | $3.0M | −$2.1M | −41.13% |
| Q3 2015 | 2015-09-30 | $3.1M | $104,000 | +3.42% |
| Q2 2015 | 2015-06-30 | $2.3M | −$1.9M | −44.32% |
| Q1 2015 | 2015-03-31 | $1.5M | −$159,000 | −9.40% |
| Q4 2014 | 2014-12-31 | $5.0M | $4.1M | +420.95% |
| Q3 2014 | 2014-09-30 | $3.0M | −$444,000 | −12.73% |
| Q2 2014 | 2014-06-30 | $4.2M | −$1.8M | −29.74% |
| Q1 2014 | 2014-03-31 | $1.7M | −$3.7M | −68.38% |
| Q4 2013 | 2013-12-31 | $969,000 | −$6.8M | −87.52% |
| Q3 2013 | 2013-09-30 | $3.5M | −$714,000 | −17.00% |
| Q2 2013 | 2013-06-30 | $6.0M | −$795,000 | −11.70% |
| Q1 2013 | 2013-03-31 | $5.4M | $4.2M | +346.66% |
| Q4 2012 | 2012-12-31 | $7.8M | $2.8M | +54.99% |
| Q3 2012 | 2012-09-30 | $4.2M | $893,000 | +27.00% |
| Q2 2012 | 2012-06-30 | $6.8M | $4.4M | +180.87% |
| Q1 2012 | 2012-03-31 | $1.2M | $625,000 | +109.08% |
| Q4 2011 | 2011-12-31 | $5.0M | $4.5M | +853.90% |
| Q3 2011 | 2011-09-30 | $3.3M | $2.9M | +678.35% |
| Q2 2011 | 2011-06-30 | $2.4M | $1.7M | +257.99% |
| Q1 2011 | 2011-03-31 | $573,000 | $416,000 | +264.97% |
| Q4 2010 | 2010-12-31 | $525,000 | — | — |
| Q3 2010 | 2010-09-30 | $425,000 | $345,000 | +431.25% |
| Q2 2010 | 2010-06-30 | $676,000 | $666,000 | +6660.00% |
| Q1 2010 | 2010-03-31 | $157,000 | — | — |
| Q3 2009 | 2009-09-30 | $80,000 | — | — |
| Q2 2009 | 2009-06-30 | $10,000 | — | — |
Las Vegas Sands r&d spending trends
Over the last five fiscal years, Las Vegas Sands's r&d spending increased from $18.0M to $269.0M, a change of $251.0M. The latest reported quarter, Q2 2026, shows $43.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Las Vegas Sands source filings ↗