VICI Properties (VICI) Financials: History & Chart

VICI Properties Inc. (VICI)VICIVICI Properties Inc.

About VICI Properties Inc.

VICI Properties functions as a specialized real estate investment trust dedicated to experiential properties. The company boasts an extensive collection of premier gaming, hospitality, and entertainment venues, notably including the globally recognized Caesars Palace. Its diverse and nationally distributed portfolio encompasses 29 gaming facilities, spanning over 48 million square feet. These sites collectively feature approximately 19,200 hotel rooms and more than 200 distinct dining, bar, and nightlife establishments. VICI's assets are leased to leading operators in the gaming and hospitality sectors, such as Caesars Entertainment, Century Casinos, Hard Rock International, JACK Entertainment, and Penn National Gaming. Beyond its core properties, VICI also holds four championship golf courses and possesses 34 acres of undeveloped land strategically located adjacent to the Las Vegas Strip. The company's fundamental objective is to cultivate the United States' most valuable and high-performing experiential real estate portfolio.

New York City, NY

28 employees

www.viciproperties.com

Real Estate / REIT - Specialty

Sector: Real Estate
Industry: REIT - Specialty
CEO: Edward Baltazar Pitoniak

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	4.05B	1.02B	1.01B	1.02B	1.00B	984.20M	976.05M	964.67M	957.00M
Cost of Goods Sold	31.64M	8.40M	8.92M	7.70M	6.62M	6.35M	6.75M	6.82M	6.81M
Gross Profit	4.02B	1.01B	1.00B	1.01B	994.72M	977.85M	969.30M	957.85M	950.19M
Gross Profit Margin	99.2%	99.2%	99.1%	99.2%	99.3%	99.4%	99.3%	99.3%	99.3%
Total Operating Expenses	22.15M	-84.70M	190.56M	23.45M	-107.16M	222.33M	135.58M	5.16M	-6.92M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	66.20M	15.98M	19.32M	16.34M	14.56M	14.86M	20.69M	16.46M	15.77M
Operating Income (EBIT)	3.99B	1.09B	813.61M	984.04M	1.10B	755.53M	833.72M	952.69M	957.11M
Operating Margin	98.7%	107.5%	80.3%	96.9%	110.0%	76.8%	85.4%	98.8%	100.0%
Income Before Tax (EBT)	3.16B	889.93M	609.73M	777.50M	883.93M	549.81M	626.65M	746.94M	755.99M
Interest Income	136.90M	66.01M	64.72M	3.88M	2.29M	3.70M	4.08M	2.80M	3.93M
Interest Expense	830.95M	202.97M	203.84M	210.33M	213.80M	209.25M	208.12M	207.32M	205.78M
Other Income/Expense	-833.25M	-204.89M	-203.88M	-206.53M	-217.95M	-205.72M	-207.07M	-205.75M	-201.12M
Net Income	3.10B	872.39M	604.82M	762.04M	865.08M	543.61M	614.59M	732.90M	741.30M
Income Tax Expense	8.87M	3.97M	-4.56M	3.88M	5.56M	-2.46M	2.45M	2.46M	3.23M
Net Profit Margin	76.7%	85.7%	59.7%	75.1%	86.4%	55.2%	63.0%	76.0%	77.5%
EBITDA	4.00B	1.10B	814.57M	984.98M	1.10B	756.52M	834.71M	953.70M	958.10M
EBITDA Margin	98.8%	107.6%	80.4%	97.0%	110.1%	76.9%	85.5%	98.9%	100.1%
Depreciation & Amortization	3.61M	967K	963K	937K	741K	996K	992K	1.01M	992K
EPS Basic	2.92	0.82	0.57	0.71	0.82	0.51	0.58	0.70	0.71
EPS Diluted	2.92	0.82	0.57	0.71	0.82	0.51	0.58	0.70	0.71
Shares Outstanding	1.07B	1.07B	1.06B	1.07B	1.06B	1.06B	1.05B	1.05B	1.04B
Diluted Shares Outstanding	1.07B	1.07B	1.06B	1.07B	1.06B	1.06B	1.06B	1.05B	1.04B

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	4.01B	3.85B	3.61B	2.60B	1.51B	1.23B	894.80M	897.98M
Cost of Goods Sold	34.00M	26.89M	27.09M	22.60M	20.76M	33.42M	18.90M	99.18M
Gross Profit	3.97B	3.82B	3.58B	2.58B	1.49B	1.19B	875.90M	798.80M
Gross Profit Margin	99.2%	99.3%	99.3%	99.1%	98.6%	97.3%	97.9%	89.0%
Total Operating Expenses	324.54M	277.38M	240.05M	945.64M	44.47M	278.91M	33.40M	40.84M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	65.08M	69.11M	59.60M	48.34M	33.12M	30.66M	24.57M	24.43M
Operating Income (EBIT)	3.65B	3.54B	3.34B	1.63B	1.44B	913.24M	842.50M	757.95M
Operating Margin	91.1%	92.1%	92.6%	62.8%	95.7%	74.5%	94.2%	84.4%
Income Before Tax (EBT)	2.82B	2.73B	2.55B	1.14B	1.03B	897.04M	555.99M	533.56M
Interest Income	232.76M	16.09M	23.97M	9.53M	120K	6.79M	20.01M	11.31M
Interest Expense	818.11M	826.10M	818.06M	539.95M	392.39M	308.61M	248.38M	212.66M
Other Income/Expense	-826.59M	-813.99M	-796.37M	-493.31M	-418.29M	-16.20M	-286.51M	-224.40M
Net Income	2.78B	2.68B	2.51B	1.12B	1.01B	891.67M	545.96M	523.62M
Income Tax Expense	2.44M	9.70M	-6.14M	2.88M	2.89M	831K	1.71M	1.44M
Net Profit Margin	69.3%	69.6%	69.6%	43.0%	67.2%	72.8%	61.0%	58.3%
EBITDA	3.65B	3.55B	3.35B	1.64B	1.45B	916.97M	846.33M	761.64M
EBITDA Margin	91.1%	92.2%	92.7%	62.9%	95.9%	74.8%	94.6%	84.8%
Depreciation & Amortization	3.64M	4.13M	4.30M	3.18M	3.09M	3.73M	3.83M	3.69M
EPS Basic	2.61	2.56	2.48	1.27	1.80	1.76	1.25	1.43
EPS Diluted	2.61	2.56	2.47	1.27	1.76	1.75	1.24	1.43
Shares Outstanding	1.06B	1.05B	1.01B	877.51M	564.47M	506.14M	435.07M	367.23M
Diluted Shares Outstanding	1.06B	1.05B	1.02B	879.68M	577.07M	510.91M	439.15M	367.32M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.