VICIReal estate
| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $976.05M | $984.20M | $1.00B | $1.01B | $1.01B | $1.02B | $1.06B | $1.07B | ▲ +5.8% |
| Gross profit | $969.30M | $977.85M | $994.72M | $1.00B | $1.01B | $1.01B | $1.05B | $1.06B | ▲ +5.8% |
| Operating income | — | — | — | — | — | — | — | — | — |
| Net income | $614.59M | $543.61M | $865.08M | $762.04M | $604.77M | $872.39M | $526.52M | $342.53M | ▼ -55.1% |
| R&Dnever filed | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | 0.51 $ | 0.82 $ | 0.71 $ | — | 0.82 $ | 0.48 $ | 0.31 $ | ▼ -56.3% |
| Margins (% of revenue) | |||||||||
| Gross | 99.3 % | 99.4 % | 99.3 % | 99.3 % | 99.3 % | 99.4 % | 99.3 % | 99.4 % | ▲ +0.0 pt |
| Operating | — | — | — | — | — | — | — | — | — |
| Net | 63.0 % | 55.2 % | 86.4 % | 75.6 % | 59.7 % | 85.7 % | 49.7 % | 32.1 % | ▼ -43.5 pt |
| Balance sheet | |||||||||
| Assets | $45.37B | $45.53B | $46.05B | $46.54B | $46.72B | $47.09B | $48.27B | $48.06B | ▲ +3.3% |
| Liabilities | $18.42B | $18.50B | $18.61B | $18.44B | $18.50B | $18.47B | $18.67B | $18.62B | ▲ +1.0% |
| Equity | $26.95B | $27.02B | $27.44B | $28.10B | $28.22B | $28.62B | $29.60B | $29.44B | ▲ +4.8% |
| Cash | $524.62M | $334.32M | $232.98M | $507.50M | $563.48M | $480.21M | $288.06M | $270.32M | ▼ -46.7% |
| Capital | |||||||||
| Shares outstanding | 1.06B | 1.06B | 1.07B | 1.07B | 1.07B | 1.07B | 1.10B | 1.10B | ▲ +3.0% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.