Las Vegas Sands FY26 Q2 net income falls 28.13% to $373 million; net revenue slips 0.82% to $3.15 billion
LVS•Buybacks and dividend policy
Stock buybacks totaled $787 million; the board lifted repurchase authorization to $6 billion and the quarterly dividend held at $0.30.
Q2 results show lower revenue and profit
Las Vegas Sands posted net revenue of $3.15 billion, down 0.8% from a year earlier.
Net income fell 28.1% to $373 million; diluted EPS slipped to $0.53.
Consolidated adjusted property EBITDA (non-GAAP) dropped to $1.12 billion from $1.33 billion.
Macao drag offsets Marina Bay Sands strength
Management flagged unusually low hold in Macao rolling play as a drag, while calling Marina Bay Sands performance industry-leading.
