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Side-by-side financial comparison of Las Vegas Sands (LVS) and PAN AMERICAN SILVER CORP (PAAS). Click either name above to swap in a different company.
Las Vegas Sands is the larger business by last-quarter revenue ($3.6B vs $2.8B, roughly 1.3× PAN AMERICAN SILVER CORP).
Las Vegas Sands Corp. is an American casino and resort company with corporate headquarters in Las Vegas, Nevada. It was founded by Sheldon G. Adelson and his partners out of the Sands Hotel and Casino on the Las Vegas Strip. The Sands was demolished and redeveloped as The Venetian, opening in 1999. An adjacent resort, The Palazzo, opened in 2007. Both resorts were sold in 2022.
Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.
LVS vs PAAS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2022
| Metric | | |
|---|---|---|
| Revenue | $3.6B | $2.8B |
| Net Profit | $641.0M | — |
| Gross Margin | — | 27.0% |
| Operating Margin | 25.2% | — |
| Net Margin | 17.9% | — |
| Revenue YoY | 25.3% | — |
| Net Profit YoY | 57.1% | — |
| EPS (diluted) | $0.85 | $-1.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — |
| Q1 26 | $641.0M | — | ||
| Q4 25 | $395.0M | — | ||
| Q3 25 | $419.0M | — | ||
| Q2 25 | $461.0M | — | ||
| Q1 25 | $352.0M | — | ||
| Q4 24 | $324.0M | — | ||
| Q3 24 | $275.0M | — | ||
| Q2 24 | $353.0M | — |
| Q1 26 | 25.2% | — | ||
| Q4 25 | 19.4% | — | ||
| Q3 25 | 21.6% | — | ||
| Q2 25 | 24.7% | — | ||
| Q1 25 | 21.3% | — | ||
| Q4 24 | 20.4% | — | ||
| Q3 24 | 18.8% | — | ||
| Q2 24 | 21.4% | — |
| Q1 26 | 17.9% | — | ||
| Q4 25 | 10.8% | — | ||
| Q3 25 | 12.6% | — | ||
| Q2 25 | 14.5% | — | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 10.3% | — | ||
| Q2 24 | 12.8% | — |
| Q1 26 | $0.85 | — | ||
| Q4 25 | $0.59 | — | ||
| Q3 25 | $0.61 | — | ||
| Q2 25 | $0.66 | — | ||
| Q1 25 | $0.49 | — | ||
| Q4 24 | $0.44 | — | ||
| Q3 24 | $0.38 | — | ||
| Q2 24 | $0.48 | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LVS
| Casino | $2.7B | 76% |
| Rooms | $377.0M | 11% |
| Mall | $204.0M | 6% |
| Food and beverage | $176.0M | 5% |
| Convention, retail and other | $89.0M | 2% |
PAAS
Segment breakdown not available.
