R&D expense · 2011–2025

Las Vegas Sands R&D expense

$269M+18.0% · FY2025

Las Vegas Sands (LVS) reported $269M in R&D expense for fiscal 2025, +18.0% year on year.

$11.3M2011$20.0M2012$15.8M2013$14.0M2014$10.0M2015$9.0M2016$13.0M2017$12.0M2018$24.0M2019$18.0M2020$109M2021$143M2022$205M2023$228M2024$269M2025
Las Vegas Sands — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$269M+18.0%Open →
FY20242024-12-31$228M+11.2%Open →
FY20232023-12-31$205M+43.4%Open →
FY20222022-12-31$143M+31.2%Open →
FY20212021-12-31$109M+505.6%Open →
FY20202020-12-31$18.0M−25.0%Open →
FY20192019-12-31$24.0M+100.0%Open →
FY20182018-12-31$12.0M−7.7%Open →
FY20172017-12-31$13.0M+44.4%Open →
FY20162016-12-31$9.0M−10.0%Open →
FY20152015-12-31$10.0M−28.6%Open →
FY20142014-12-31$14.0M−11.4%Open →
FY20132013-12-31$15.8M−20.8%Open →
FY20122012-12-31$20.0M+76.5%Open →
FY20112011-12-31$11.3M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +25.4%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Las Vegas Sands R&D expense |url=https://companiesranked.com/en/company/las-vegas-sands/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Las Vegas Sands R&D expense. CompaniesRanked. https://companiesranked.com/en/company/las-vegas-sands/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-las-vegas-sands-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Las Vegas Sands R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/las-vegas-sands/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001300514-26-000013 · February 6, 2026

{{cite web |title=Las Vegas Sands R&D expense — 10-K (0001300514-26-000013) |url=https://www.sec.gov/Archives/edgar/data/1300514/000130051426000013/lvs-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-06}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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