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 Se ptember 3 0 , 2026 and December 31, 202 5 3 Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 3 0 , 2026 and 202 5 4 Condensed Consolidated Statements of Comprehensive Income for the Three a nd Nine Months Ended September 3 0 , 2026 and 202 5 5 Condensed Consolidated Statements of Equity for the Three an d Nine Months Ended September 3 0 , 2026 and 202 5 6 Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 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 12 Note 4 - Derivative Instruments 14 Note 5 - Equity and Earnings Per Share 15 Note 6 - Income Taxes 17 Note 7 - Leases 18 Note 8 - Fair Value Disclosures 18 Note 9 - Commitments and Contingencies 19 Note 10 - Segment Information 20 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 27 Item 3. Quantitative and Qualitative Disclosures about Market Risk 54 Item 4. Controls and Procedures 54

Item 1. Legal Proceedings 55 Item 1A. Risk Factors 55 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 55 Item 5. Other Information 55 Item 6. Exhibits 56