Financial Statements — VICI
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.48 | 0.51 | 0.23 | 0.33 | 0.36 | 0.35 | 0.49 | 0.51 | 0.74 | 0.25 | 0.52 | 0.61 | 0.57 | 0.67 | 0.41 | 0.32 |
| Real Estate Assets | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Total Assets | 47.09 | 46.54 | 46.05 | 45.53 | 44.92 | 44.51 | 44.16 | 42.83 | 42.25 | 41.85 | 37.31 | 37.29 | 21.74 | 17.55 | 17.22 | 17.09 |
| Long-term Debt | 16.79 | 16.76 | 16.92 | 16.85 | 16.74 | 16.73 | 16.71 | 16.69 | 16.62 | 16.61 | 13.73 | 13.72 | 5.30 | 4.69 | 6.77 | 6.77 |
| Total Liabilities | 18.47 | 18.44 | 18.61 | 18.50 | 18.40 | 18.38 | 18.34 | 18.30 | 18.17 | 18.18 | 15.25 | 15.17 | 6.26 | 5.42 | 7.48 | 7.49 |
| Retained Earnings | 3.16 | 2.64 | 2.36 | 1.95 | 1.71 | 1.43 | 1.12 | 0.65 | 0.52 | 0.22 | (0.13) | (0.09) | 0.32 | 0.29 | 0.36 | 0.23 |
| Total Stockholder Equity | 28.19 | 27.67 | 27.02 | 26.61 | 26.11 | 25.72 | 25.41 | 24.16 | 23.72 | 23.31 | 21.71 | 21.76 | 15.40 | 12.05 | 9.66 | 9.52 |
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 1.02 | 1.01 | 1.01 | 1.00 | 0.98 | 0.98 | 0.96 | 0.96 | 0.95 | 0.93 | 0.90 | 0.90 | 0.88 | 0.77 | 0.75 | 0.66 | 0.42 | 0.38 | 0.38 | 0.38 |
| Cost of Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.20 | 0.21 | 0.20 | 0.20 | 0.20 | 0.17 | 0.17 | 0.13 | 0.07 | 0.07 | 0.17 | 0.08 |
| Net Income | 0.87 | 0.60 | 0.76 | 0.87 | 0.54 | 0.61 | 0.73 | 0.74 | 0.59 | 0.75 | 0.56 | 0.69 | 0.52 | 0.60 | 0.33 | (0.06) | 0.24 | 0.28 | 0.16 | 0.30 |
| Diluted EPS | 0.82 | 0.57 | 0.71 | 0.82 | 0.51 | 0.58 | 0.70 | 0.71 | 0.57 | 0.71 | 0.55 | 0.69 | 0.52 | 0.64 | 0.34 | (0.06) | 0.35 | 0.44 | 0.28 | 0.54 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 0.63 | 0.69 | 0.59 | 0.64 | 0.59 | 0.64 | 0.58 | 0.61 | 0.54 | 0.58 | 0.55 | 0.53 | 0.52 | 0.49 | 0.50 | 0.65 | 0.30 | 0.29 | 0.20 | 0.25 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | 0.63 | 0.69 | 0.59 | 0.64 | 0.59 | 0.64 | 0.58 | 0.61 | 0.54 | 0.57 | 0.55 | 0.53 | 0.52 | 0.49 | 0.50 | 0.65 | 0.30 | 0.28 | 0.20 | 0.25 |
| Investing Cash Flow | (0.22) | (0.14) | (0.05) | (0.33) | (0.39) | (0.26) | (0.24) | (0.31) | (0.11) | (0.95) | (0.73) | 0.26 | (1.47) | (0.41) | (0.25) | (4.61) | (4.03) | 0.02 | (0.02) | 0.01 |
| Financing Cash Flow | (0.49) | (0.50) | (0.26) | (0.41) | (0.40) | (0.21) | (0.33) | (0.44) | (0.47) | 0.39 | (0.05) | (0.30) | 0.99 | (0.38) | (0.35) | 4.01 | 3.56 | (0.24) | 0.08 | (0.18) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Dividends Per Share | 0.45 | 0.45 | 0.45 | 0.43 | 0.43 | 0.43 | 0.43 | 0.42 | 0.42 | 0.42 | 0.42 | 0.39 | 0.39 | 0.39 | 0.39 | 0.36 | 0.36 | 0.36 | 0.36 | 0.33 |
