Income Statement - VICI PROPERTIES INC. (VICI)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,006.12 | 3,849.21 | 3,611.99 | 2,600.70 | 1,509.57 | 1,225.57 | 894.80 | 897.98 | 201.44 | 18.79 | 18.08 | 18.91 |
| Cost of revenue | 34.00 | 26.90 | 27.09 | 22.60 | 20.76 | 33.43 | 18.90 | 99.18 | 33.77 | 13.74 | 13.42 | 14.07 |
| Gross profit | 3,972.11 | 3,822.31 | 3,584.90 | 2,578.10 | 1,488.81 | 1,192.15 | 875.90 | 798.80 | 167.67 | 5.05 | 4.66 | 4.84 |
| Total operating expenses | 324.54 | 277.38 | 240.05 | 945.65 | 44.47 | 278.91 | 33.40 | 40.84 | 23.47 | 5.04 | 4.64 | 4.80 |
| Operating income | 3,647.57 | 3,544.93 | 3,344.85 | 1,632.45 | 1,444.34 | 913.24 | 842.50 | 757.95 | 144.20 | 0.01 | 0.02 | 0.04 |
| Non-operating income (net) | -826.59 | -813.99 | -796.37 | -493.31 | -418.29 | -16.20 | -286.51 | -224.40 | -101.56 | 3.03 | 42.62 | 42.60 |
| Income before tax | 2,820.98 | 2,730.95 | 2,548.48 | 1,139.14 | 1,026.05 | 897.04 | 555.99 | 533.56 | 42.64 | 3.04 | 42.64 | 42.64 |
| Income tax expense | 2.44 | 9.70 | -6.14 | 2.88 | 2.89 | 0.83 | 1.71 | 1.44 | -1.90 | 0.01 | 0.00 | 0.00 |
| Net income | 2,775.49 | 2,678.81 | 2,513.54 | 1,117.64 | 1,013.85 | 891.67 | 545.96 | 523.62 | 42.66 | 3.03 | 0.00 | 0.00 |
Show Quarterly Income Statement
Income Statement - VICI PROPERTIES INC. (VICI)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,018.52 | 1,013.09 | 1,015.19 | 1,001.33 | 984.20 | 976.05 | 964.67 | 957.00 | 951.48 | 931.87 | 904.32 | 898.16 | 877.65 | 769.91 | 751.54 | 662.62 | 416.63 | 383.15 | 375.70 | 376.40 | 374.31 | 373.02 | 339.65 | 257.90 | 255.00 | 237.54 | 222.51 | 220.75 | 214.00 | 226.04 | 232.69 | 220.98 | 218.28 | 187.61 | 4.10 | 5.09 | 4.63 | 4.82 | 4.28 | 5.04 | 4.64 |
| Cost of revenue | 8.40 | 8.92 | 7.70 | 6.62 | 6.35 | 6.75 | 6.82 | 6.81 | 6.51 | 8.22 | 6.33 | 6.59 | 5.95 | 6.27 | 5.19 | 5.86 | 5.29 | 12.79 | 5.14 | 5.23 | 4.51 | 11.54 | 11.94 | 4.88 | 5.07 | 4.54 | 5.42 | 4.85 | 4.09 | 24.75 | 29.65 | 23.45 | 21.34 | 23.68 | 3.01 | 3.80 | 3.28 | 3.58 | 3.05 | 3.72 | 3.40 |
| Gross profit | 1,010.12 | 1,004.17 | 1,007.49 | 994.72 | 977.85 | 969.31 | 957.85 | 950.19 | 944.97 | 923.65 | 897.99 | 891.57 | 871.70 | 763.63 | 746.36 | 656.76 | 411.34 | 370.36 | 370.56 | 371.17 | 369.80 | 361.48 | 327.72 | 253.03 | 249.93 | 233.00 | 217.09 | 215.90 | 209.91 | 201.29 | 203.04 | 197.53 | 196.94 | 163.93 | 1.09 | 1.29 | 1.36 | 1.24 | 1.24 | 1.33 | 1.24 |
| Total operating expenses | -84.70 | 190.56 | 23.45 | -107.16 | 222.33 | 135.58 | 5.16 | -6.92 | 143.56 | -28.17 | 129.61 | -7.02 | 145.64 | 2.69 | 263.50 | 580.00 | 99.45 | 14.70 | 25.12 | -13.73 | 11.47 | -7.72 | 188.04 | -55.61 | 161.91 | 6.24 | 8.71 | 10.40 | 8.04 | 5.61 | 18.94 | 8.08 | 8.21 | 19.73 | 1.09 | 1.29 | 0.55 | 1.24 | 1.24 | 1.33 | 1.24 |
| Operating income | 1,094.82 | 813.61 | 984.04 | 1,101.88 | 755.53 | 833.72 | 952.69 | 957.11 | 801.42 | 951.82 | 768.38 | 898.59 | 726.06 | 760.94 | 482.85 | 76.76 | 311.89 | 355.66 | 345.44 | 384.90 | 358.33 | 369.20 | 139.68 | 308.64 | 88.02 | 226.76 | 208.38 | 205.50 | 201.87 | 195.68 | 184.10 | 189.45 | 188.72 | 144.20 | 0.80 | 0.80 | 0.81 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-operating income (net) | -204.89 | -203.88 | -206.53 | -217.95 | -205.72 | -207.07 | -205.75 | -201.12 | -200.05 | -201.87 | -202.27 | -195.11 | -197.11 | -145.07 | -145.56 | -133.88 | -68.80 | -71.11 | -180.87 | -80.57 | -85.75 | -78.35 | 256.17 | -76.68 | -109.63 | -125.44 | -61.84 | -50.82 | -48.42 | -50.49 | -52.02 | -47.64 | -74.24 | -101.56 | 41.84 | -86.07 | 41.83 | 0.08 | 0.00 | 0.00 | 0.00 |
| Income before tax | 889.93 | 609.73 | 777.51 | 883.93 | 549.81 | 626.65 | 746.94 | 755.99 | 601.37 | 749.95 | 566.10 | 703.48 | 528.95 | 615.87 | 337.30 | -57.11 | 243.09 | 284.56 | 164.57 | 304.33 | 272.58 | 290.85 | 395.85 | 231.95 | -21.61 | 101.32 | 146.54 | 154.68 | 153.45 | 145.19 | 132.08 | 141.81 | 114.49 | 42.64 | 42.64 | -85.27 | 42.64 | 0.08 | |||
| Income tax expense | 3.97 | -4.56 | 3.89 | 5.56 | -2.46 | 2.45 | 2.46 | 3.23 | 1.56 | -9.77 | 0.64 | 1.90 | 1.09 | 1.03 | 0.42 | 1.03 | 0.40 | 0.76 | 0.39 | 1.26 | 0.48 | 0.44 | -0.37 | 0.31 | 0.45 | 0.61 | 0.02 | 0.55 | 0.52 | 0.56 | 0.05 | 0.45 | 0.38 | -1.90 | 0.00 | 0.00 | 0.00 | ||||
| Net income | 872.39 | 604.82 | 762.04 | 865.08 | 543.61 | 614.59 | 732.90 | 741.30 | 590.02 | 747.77 | 556.33 | 690.70 | 518.74 | 604.05 | 330.91 | -57.71 | 240.38 | 281.48 | 161.86 | 300.71 | 269.80 | 288.01 | 398.27 | 229.40 | -24.01 | 98.63 | 144.44 | 152.05 | 150.85 | 142.54 | 129.91 | 139.04 | 112.12 | 42.66 | 0.00 | 0.00 | 0.00 | 0.08 |