VICI Properties Inc. Common Stock

VICINYSECIK 1705696Real Estate / REITsfiscal year ends December38 quarters since 2016

Revenue, Q3 FY2026
$1.1B
+5.8% on Q3 FY2025
Net income
$343M
−55.1% on Q3 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$0.31
−56.3% on Q3 FY2025
Revenue, TTM
$4.2B
trailing four quarters
Net margin, TTM
56.5%
net income $2.3B
Free cash flow, TTM
—
Cash and equivalents
$270M
long-term debt $16.9B, Sep 30, 2026
Shares, 12-month change
+3.0%
1.10B shares, Sep 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
$1.9B
7.2% of market value
Market value
$26.9B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 28, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, VICI Properties Inc. Common Stock reported revenue of $1.1B, +5.8% on Q3 FY2025, and net income of $343M (−55.1%). Diluted earnings per share were $0.31.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 28, 2026.

Revenue and net incomeRevenueNet income
$0$500M$1.0B$1.5BQ4'22, Revenue: $770MQ4'22, Net income: $604MQ4'22Q1'23, Revenue: $878MQ1'23, Net income: $519MQ1'23Q2'23, Revenue: $898MQ2'23, Net income: $691MQ2'23Q3'23, Revenue: $904MQ3'23, Net income: $556MQ3'23Q4'23, Revenue: $932MQ4'23, Net income: $748MQ4'23Q1'24, Revenue: $951MQ1'24, Net income: $590MQ1'24Q2'24, Revenue: $957MQ2'24, Net income: $741MQ2'24Q3'24, Revenue: $965MQ3'24, Net income: $733MQ3'24Q4'24, Revenue: $976MQ4'24, Net income: $615MQ4'24Q1'25, Revenue: $984MQ1'25, Net income: $544MQ1'25Q2'25, Revenue: $1.0BQ2'25, Net income: $865MQ2'25Q3'25, Revenue: $1.0BQ3'25, Net income: $762MQ3'25Q4'25, Revenue: $1.0BQ4'25, Net income: $605MQ4'25Q1'26, Revenue: $1.0BQ1'26, Net income: $872MQ1'26Q2'26, Revenue: $1.1BQ2'26, Net income: $527MQ2'26Q3'26, Revenue: $1.1BQ3'26, Net income: $343MQ3'26$0$500M$1.0B$1.5BQ4'22, Revenue: $770MQ4'22, Net income: $604MQ1'23, Revenue: $878MQ1'23, Net income: $519MQ1'23Q2'23, Revenue: $898MQ2'23, Net income: $691MQ3'23, Revenue: $904MQ3'23, Net income: $556MQ3'23Q4'23, Revenue: $932MQ4'23, Net income: $748MQ1'24, Revenue: $951MQ1'24, Net income: $590MQ1'24Q2'24, Revenue: $957MQ2'24, Net income: $741MQ3'24, Revenue: $965MQ3'24, Net income: $733MQ3'24Q4'24, Revenue: $976MQ4'24, Net income: $615MQ1'25, Revenue: $984MQ1'25, Net income: $544MQ1'25Q2'25, Revenue: $1.0BQ2'25, Net income: $865MQ3'25, Revenue: $1.0BQ3'25, Net income: $762MQ3'25Q4'25, Revenue: $1.0BQ4'25, Net income: $605MQ1'26, Revenue: $1.0BQ1'26, Net income: $872MQ1'26Q2'26, Revenue: $1.1BQ2'26, Net income: $527MQ3'26, Revenue: $1.1BQ3'26, Net income: $343MQ3'26

Net income losses drawn in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$5B$10B$15B$20BQ4'22, Cash and equivalents: $209MQ4'22, Long-term debt: $13.7BQ4'22Q1'23, Cash and equivalents: $248MQ1'23, Long-term debt: $16.6BQ1'23Q2'23, Cash and equivalents: $739MQ2'23, Long-term debt: $16.6BQ2'23Q3'23, Cash and equivalents: $511MQ3'23, Long-term debt: $16.7BQ3'23Q4'23, Cash and equivalents: $523MQ4'23, Long-term debt: $16.7BQ4'23Q1'24, Cash and equivalents: $485MQ1'24, Long-term debt: $16.7BQ1'24Q2'24, Cash and equivalents: $347MQ2'24, Long-term debt: $16.7BQ2'24Q3'24, Cash and equivalents: $356MQ3'24, Long-term debt: $16.7BQ3'24Q4'24, Cash and equivalents: $525MQ4'24, Long-term debt: $16.7BQ4'24Q1'25, Cash and equivalents: $334MQ1'25, Long-term debt: $16.8BQ1'25Q2'25, Cash and equivalents: $233MQ2'25, Long-term debt: $16.9BQ2'25Q3'25, Cash and equivalents: $508MQ3'25, Long-term debt: $16.8BQ3'25Q4'25, Cash and equivalents: $563MQ4'25, Long-term debt: $16.8BQ4'25Q1'26, Cash and equivalents: $480MQ1'26, Long-term debt: $16.8BQ1'26Q2'26, Cash and equivalents: $288MQ2'26, Long-term debt: $16.9BQ2'26Q3'26, Cash and equivalents: $270MQ3'26, Long-term debt: $16.9BQ3'26$0$5B$10B$15B$20BQ4'22, Cash and equivalents: $209MQ4'22, Long-term debt: $13.7BQ1'23, Cash and equivalents: $248MQ1'23, Long-term debt: $16.6BQ1'23Q2'23, Cash and equivalents: $739MQ2'23, Long-term debt: $16.6BQ3'23, Cash and equivalents: $511MQ3'23, Long-term debt: $16.7BQ3'23Q4'23, Cash and equivalents: $523MQ4'23, Long-term debt: $16.7BQ1'24, Cash and equivalents: $485MQ1'24, Long-term debt: $16.7BQ1'24Q2'24, Cash and equivalents: $347MQ2'24, Long-term debt: $16.7BQ3'24, Cash and equivalents: $356MQ3'24, Long-term debt: $16.7BQ3'24Q4'24, Cash and equivalents: $525MQ4'24, Long-term debt: $16.7BQ1'25, Cash and equivalents: $334MQ1'25, Long-term debt: $16.8BQ1'25Q2'25, Cash and equivalents: $233MQ2'25, Long-term debt: $16.9BQ3'25, Cash and equivalents: $508MQ3'25, Long-term debt: $16.8BQ3'25Q4'25, Cash and equivalents: $563MQ4'25, Long-term debt: $16.8BQ1'26, Cash and equivalents: $480MQ1'26, Long-term debt: $16.8BQ1'26Q2'26, Cash and equivalents: $288MQ2'26, Long-term debt: $16.9BQ3'26, Cash and equivalents: $270MQ3'26, Long-term debt: $16.9BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

VICI Properties Inc. Common Stock income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 20, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue1,0651,0591,0191,0131,0071,001984976+5.8%
Cost of revenue77677767+1.4%
Gross profit—————————
Research and development—————————
Selling, general and administrative1715161916151521+6.9%
Operating income—————————
Other income (expense)—————————
Pretax income349535890610778884550627−55.1%
Income tax304(5)46(2)2−33.6%
Net income343527872605762865544615−55.1%
Diluted EPS ($)0.310.480.82—0.710.820.51—−56.3%
Diluted shares (millions)1,1011,0901,069—1,0681,0571,056——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

VICI Properties Inc. Common Stock balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 20, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents270288480563508233334525−46.7%
Short-term investments000440000—
Total current assets—————————
Total assets48,06448,27147,09046,72446,53646,05445,52645,369+3.3%
Total current liabilities—————————
Long-term debt16,91716,93116,78716,77316,76316,92216,84716,733+0.9%
Total liabilities18,62518,66918,47118,50218,43918,61018,50318,417+1.0%
Stockholders’ equity29,01229,17128,18927,79827,67427,02426,60926,538+4.8%
Shares outstanding (millions)1,1011,1011,0691,0691,0691,0661,0571,056—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

VICI Properties Inc. Common Stock cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 29, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 30, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 20, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow655728632692586640592644+11.8%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization—————————
Share repurchases—————————
Dividends paid495481481481457457459453+8.4%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 25, 2026.

Income statement

VICI Properties Inc. Common Stock income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 20, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 23, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 18, 2021FY2019ended Dec 31, 2019filed Feb 20, 2020FY2018ended Dec 31, 2018filed Feb 14, 2019FY2017ended Dec 31, 2017filed Mar 28, 2018FY2016ended Dec 31, 2016filed Nov 13, 2017
Revenue4,0063,8493,6122,6011,5101,226895898188—
Cost of revenue2727272321181917——
Gross profit——————————
Research and development——————————
Selling, general and administrative6569604833312524——
Operating income—————32152140144—
Other income (expense)——————————
Pretax income2,8212,7312,5481,1391,02689755653443—
Income tax210(6)33121(2)—
Net income2,7752,6792,5141,1181,01489254652445—
Diluted EPS ($)2.612.562.471.271.761.751.241.43——
Diluted shares (millions)1,0631,0481,016880577511439367——

Balance sheet

VICI Properties Inc. Common Stock balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 20, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 23, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 18, 2021FY2019ended Dec 31, 2019filed Feb 20, 2020FY2018ended Dec 31, 2018filed Feb 14, 2019FY2017ended Dec 31, 2017filed Mar 28, 2018FY2016ended Dec 31, 2016filed Nov 13, 2017
Cash and equivalents5635255232097403161,102578184—
Short-term investments4400217020595210—
Total current assets——————————
Total assets46,72445,36944,06037,57617,59717,06413,26611,3339,7404,857
Total current liabilities——————————
Long-term debt16,77316,73316,72413,7404,6956,7664,7924,1224,122—
Total liabilities18,50218,41718,40215,2865,4107,5705,2174,4324,963—
Stockholders’ equity27,79826,53825,25621,93412,1089,4167,9656,8174,6910
Shares outstanding (millions)1,0691,0561,0431,004748537468405370—

Cash flow statement

VICI Properties Inc. Common Stock cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 20, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 23, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 18, 2021FY2019ended Dec 31, 2019filed Feb 20, 2020FY2018ended Dec 31, 2018filed Feb 14, 2019FY2017ended Dec 31, 2017filed Mar 28, 2018FY2016ended Dec 31, 2016filed Nov 13, 2017
Operating cash flow2,5102,3812,1811,943896884682504——
Capital expenditures——————31——
Free cash flow (CFO − capex)——————679503——
Depreciation and amortization——————————
Share repurchases——————————
Dividends paid1,8531,7531,5841,219759612504263——

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$0
0 sales by 0 insiders; officers and directors $0

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 1, 2026Macnab CraigDirectoraward530$0.00—82,694Oct 5, 2026
Oct 1, 2026Rumbolz Michael DDirectoraward371$0.00—79,018Oct 5, 2026
Oct 1, 2026Cantor Diana FDirectoraward557$0.00—67,191Oct 5, 2026
Oct 1, 2026Sullivan John MDirectoraward292$0.00—5,854Oct 5, 2026
Oct 1, 2026Abrahamson James RDirectoraward1,060$0.00—174,158Oct 5, 2026
Oct 1, 2026Holland Elizabeth IDirectoraward287$0.00—66,611Oct 5, 2026
Oct 1, 2026Douglas Monica HowardDirectoraward175$0.00—47,955Oct 5, 2026
Sep 24, 2026Sullivan John MDirectoraward5,562$0.00—5,562Sep 28, 2026
Jul 24, 2026Rumbolz Michael DDirectorinheritanceindirect264$0.00—264Oct 5, 2026
Jul 1, 2026Rumbolz Michael DDirectoraward327$0.00—78,647Jul 1, 2026
Jul 1, 2026Macnab CraigDirectoraward500$0.00—82,164Jul 1, 2026
Jul 1, 2026Holland Elizabeth IDirectoraward252$0.00—66,324Jul 1, 2026
Jul 1, 2026Douglas Monica HowardDirectoraward154$0.00—47,780Jul 1, 2026
Jul 1, 2026Cantor Diana FDirectoraward490$0.00—66,634Jul 1, 2026
Jul 1, 2026Abrahamson James RDirectoraward933$0.00—173,098Jul 1, 2026
Jun 1, 2026Pitoniak Edward BaltazarChief Executive Officer, Directorgift20,000$0.00—1MJun 2, 2026
Apr 28, 2026Rumbolz Michael DDirectoraward7,546$0.00—78,320Apr 28, 2026
Apr 28, 2026Macnab CraigDirectoraward7,546$0.00—81,664Apr 28, 2026
Apr 28, 2026Holland Elizabeth IDirectoraward7,546$0.00—66,072Apr 28, 2026
Apr 28, 2026Douglas Monica HowardDirectoraward7,546$0.00—47,626Apr 28, 2026
Apr 28, 2026Cantor Diana FDirectoraward7,546$0.00—66,144Apr 28, 2026
Apr 28, 2026Abrahamson James RDirectoraward7,546$0.00—172,165Apr 28, 2026
Apr 1, 2026Rumbolz Michael DDirectoraward320$0.00—70,774Apr 2, 2026
Apr 1, 2026Macnab CraigDirectoraward412$0.00—74,118Apr 2, 2026
Apr 1, 2026Holland Elizabeth IDirectoraward247$0.00—58,526Apr 2, 2026

Full insider history for VICI Properties Inc. Common Stock, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
VICI Properties Inc., CIK 1705696 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
3 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: operating income FY2018, operating income FY2019, operating income FY2020
XBRL concepts behind each line

Income statement

Revenue: Revenues, SalesRevenueNet
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: ShortTermInvestments
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: not filed
Share repurchases: not filed
Dividends paid: PaymentsOfDividends

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/VICI.json