Vici Properties (VICI) financials
Vici Properties revenue and earnings by year
Vici Properties's revenue was $4.01 billion in the fiscal year to December 31, 2025, up 4.1% from the year before. Net income was $2.78 billion, 69.3% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 23.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.01 | 3.85 | 3.61 | 2.60 | 1.51 | 1.23 | 0.89 | 0.90 |
| Revenue growth | 4.1% | 6.6% | 38.9% | 72.3% | 23.2% | 37.0% | -0.4% | — |
| Operating income | 3.65 | 3.54 | 3.34 | 1.61 | 1.43 | 0.90 | 0.84 | 0.76 |
| Operating margin | 91.1% | 92.0% | 92.4% | 61.9% | 95.0% | 73.8% | 94.2% | 84.4% |
| Net income | 2.78 | 2.68 | 2.51 | 1.12 | 1.01 | 0.89 | 0.55 | 0.52 |
| Net margin | 69.3% | 69.6% | 69.6% | 43.0% | 67.2% | 72.8% | 61.0% | 58.3% |
| Diluted EPS | $2.61 | $2.56 | $2.47 | $1.27 | $1.76 | $1.75 | $1.24 | $1.43 |
| Free cash flow | 2.50 | 1.96 | 0.80 | -2.38 | 0.87 | -3.22 | -1.14 | -0.28 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open VICI in Markets.
See also: VICI valuation and P/E history · VICI returns
No forecast, no recommendation. This page describes Vici Properties from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.