LAS Vegas Sands Corp

For the transition period from to Commission file number 001-32373

LAS VEGAS SANDS CORP. (Exact name of registrant as specified in its charter)

Nevada 27-0099920 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

5420 S. Durango Dr. , Las Vegas , Nevada , 89113

(Address of principal executive offices) (Zip Code)

( 702 ) 923-9000 (Registrant's telephone number, including area code)

LAS VEGAS SANDS CORP. AND SUBSIDIARIES Table of Contents

Item 1. Financial Statements (unaudited) 3 Condensed Consolidated Balance Sheets at June 3 0 , 2026 and December 31, 202 5 3 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 3 0 , 2026 and 202 5 4 Condensed Consolidated Statements of Comprehensive Income for the Three a nd Six Months Ended June 3 0 , 2026 and 202 5 5 Condensed Consolidated Statements of Equity for the Three an d Six Months Ended June 3 0 , 2026 and 202 5 6 Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 3 0 , 2026 and 202 5 8 Notes to Condensed Consolidated Financial Statements 9 Note 1 - Organization and Business of Company 9

Note 2 - Accounts Receivable, Net and Customer Contract Related Liabilities 10

Note 3 - Debt 11 Note 4 - Derivative Instruments 13 Note 5 - Equity and Earnings Per Share 14 Note 6 - Income Taxes 15 Note 7 - Leases 16 Note 8 - Fair Value Disclosures 16 Note 9 - Commitments and Contingencies 17 Note 10 - Segment Information 19 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 25 Item 3. Quantitative and Qualitative Disclosures about Market Risk 51 Item 4. Controls and Procedures 51

Item 1. Legal Proceedings 52 Item 1A. Risk Factors 52 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 52 Item 5. Other Information 52 Item 6. Exhibits 53