Quarterly ResultApr 29, 2026, 04:46 PM
VICI Q1 Net Income $886M (+60.4%); EPS $0.82 (+60.8%)
AI Summary
VICI PROPERTIES INC. reported a significant increase in net income and EPS for Q1 2026, primarily driven by a favorable change in the allowance for credit losses. Total revenues also saw a modest increase. The company continues to operate a diverse portfolio of 93 experiential assets, including gaming and hospitality properties, across the United States and Canada.
Key Highlights
- Net income attributable to common stockholders: $872.4M, up 60.5% YoY.
- Basic EPS: $0.82, up 60.8% from $0.51 in Q1 2025.
- Total revenues: $1.02 billion, up 3.5% YoY.
- Change in allowance for credit losses: $(118.8M) vs $187.0M expense in Q1 2025.
- Net cash provided by operating activities: $631.9M, up 6.8% YoY.
- Dividends paid: $481.4M in Q1 2026.
- Total assets: $47.09 billion as of March 31, 2026.
- Portfolio includes 93 experiential assets across US & Canada.
Price Impact
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