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Side-by-side financial comparison of Las Vegas Sands (LVS) and PG&E Corporation (PCG). Click either name above to swap in a different company.
PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $3.6B, roughly 1.9× Las Vegas Sands). Las Vegas Sands runs the higher net margin — 17.9% vs 12.9%, a 5.0% gap on every dollar of revenue. On growth, Las Vegas Sands posted the faster year-over-year revenue change (25.3% vs 15.0%). Over the past eight quarters, Las Vegas Sands's revenue compounded faster (13.9% CAGR vs 7.2%).
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.
Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.
LVS vs PCG — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.6B | $6.9B |
| Net Profit | $641.0M | $885.0M |
| Gross Margin | — | — |
| Operating Margin | 25.2% | 21.4% |
| Net Margin | 17.9% | 12.9% |
| Revenue YoY | 25.3% | 15.0% |
| Net Profit YoY | 57.1% | 39.6% |
| EPS (diluted) | $0.85 | $0.39 |
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 | $6.9B | ||
| Q4 25 | $3.6B | $6.8B | ||
| Q3 25 | $3.3B | $6.3B | ||
| Q2 25 | $3.2B | $5.9B | ||
| Q1 25 | $2.9B | $6.0B | ||
| Q4 24 | $2.9B | $6.6B | ||
| Q3 24 | $2.7B | $5.9B | ||
| Q2 24 | $2.8B | $6.0B |
| Q1 26 | $641.0M | $885.0M | ||
| Q4 25 | $395.0M | $670.0M | ||
| Q3 25 | $419.0M | $850.0M | ||
| Q2 25 | $461.0M | $549.0M | ||
| Q1 25 | $352.0M | $634.0M | ||
| Q4 24 | $324.0M | $674.0M | ||
| Q3 24 | $275.0M | $579.0M | ||
| Q2 24 | $353.0M | $524.0M |
| Q1 26 | 25.2% | 21.4% | ||
| Q4 25 | 19.4% | 18.0% | ||
| Q3 25 | 21.6% | 19.3% | ||
| Q2 25 | 24.7% | 18.6% | ||
| Q1 25 | 21.3% | 20.4% | ||
| Q4 24 | 20.4% | 15.4% | ||
| Q3 24 | 18.8% | 17.3% | ||
| Q2 24 | 21.4% | 18.9% |
| Q1 26 | 17.9% | 12.9% | ||
| Q4 25 | 10.8% | 9.8% | ||
| Q3 25 | 12.6% | 13.6% | ||
| Q2 25 | 14.5% | 9.3% | ||
| Q1 25 | 12.3% | 10.6% | ||
| Q4 24 | 11.2% | 10.2% | ||
| Q3 24 | 10.3% | 9.7% | ||
| Q2 24 | 12.8% | 8.8% |
| Q1 26 | $0.85 | $0.39 | ||
| Q4 25 | $0.59 | $0.29 | ||
| Q3 25 | $0.61 | $0.37 | ||
| Q2 25 | $0.66 | $0.24 | ||
| Q1 25 | $0.49 | $0.28 | ||
| Q4 24 | $0.44 | $0.30 | ||
| Q3 24 | $0.38 | $0.27 | ||
| Q2 24 | $0.48 | $0.24 |
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% |
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
