VICI PROPERTIES INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands |
Total |
Total VICI Stockholders’ Equity |
Common Stock |
Additional Paid-in Capital |
Accumulated Other Comprehensive Income |
Retained Earnings |
Non-controlling Interests |
| Beginning balance at Dec. 31, 2024 |
$ 26,951,801
|
$ 26,537,955
|
$ 10,564
|
$ 24,515,417
|
$ 144,574
|
$ 1,867,400
|
$ 413,846
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
552,265
|
543,607
|
|
|
|
543,607
|
8,658
|
| Reallocation of equity |
0
|
836
|
|
836
|
|
|
(836)
|
| Dividends and distributions declared |
(464,869)
|
(456,883)
|
|
|
|
(456,883)
|
(7,986)
|
| Stock-based compensation, net of forfeitures |
(4,273)
|
(4,224)
|
3
|
(4,227)
|
|
|
(49)
|
| Reclassification of derivative gain to Interest expense |
(6,345)
|
(6,271)
|
|
|
(6,271)
|
|
(74)
|
| Unrealized gain (loss) on cash flow hedges |
(5,949)
|
(5,881)
|
|
|
(5,881)
|
|
(68)
|
| Foreign currency translation adjustments |
35
|
30
|
|
|
30
|
|
5
|
| Ending balance at Mar. 31, 2025 |
27,022,665
|
26,609,169
|
10,567
|
24,512,026
|
132,452
|
1,954,124
|
413,496
|
| Beginning balance at Dec. 31, 2024 |
26,951,801
|
26,537,955
|
10,564
|
24,515,417
|
144,574
|
1,867,400
|
413,846
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
2,204,253
|
|
|
|
|
|
|
| Reclassification of derivative gain to Interest expense |
(19,120)
|
|
|
|
|
|
|
| Foreign currency translation adjustments |
5,474
|
|
|
|
|
|
|
| Ending balance at Sep. 30, 2025 |
28,097,278
|
27,673,589
|
10,688
|
24,894,452
|
125,198
|
2,643,251
|
423,689
|
| Beginning balance at Mar. 31, 2025 |
27,022,665
|
26,609,169
|
10,567
|
24,512,026
|
132,452
|
1,954,124
|
413,496
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
878,368
|
865,079
|
|
|
|
865,079
|
13,289
|
| Reallocation of equity |
0
|
(770)
|
|
(770)
|
|
|
770
|
| Dividends and distributions declared |
(465,021)
|
(457,027)
|
|
|
|
(457,027)
|
(7,994)
|
| Stock-based compensation, net of forfeitures |
4,395
|
4,345
|
|
4,345
|
|
|
50
|
| Reclassification of derivative gain to Interest expense |
(6,386)
|
(6,313)
|
|
|
(6,313)
|
|
(73)
|
| Foreign currency translation adjustments |
10,091
|
9,968
|
|
|
9,968
|
|
123
|
| Ending balance at Jun. 30, 2025 |
27,444,112
|
27,024,451
|
10,567
|
24,515,601
|
136,107
|
2,362,176
|
419,661
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
773,620
|
762,040
|
|
|
|
762,040
|
11,580
|
| Issuance of common stock, net |
375,350
|
375,350
|
121
|
375,229
|
|
|
|
| Reallocation of equity |
0
|
(734)
|
|
(734)
|
|
|
734
|
| Dividends and distributions declared |
(489,169)
|
(480,965)
|
|
|
|
(480,965)
|
(8,204)
|
| Stock-based compensation, net of forfeitures |
4,406
|
4,356
|
|
4,356
|
|
|
50
|
| Reclassification of derivative gain to Interest expense |
(6,389)
|
(6,317)
|
|
|
(6,317)
|
|
(72)
|
| Foreign currency translation adjustments |
(4,652)
|
(4,592)
|
|
|
(4,592)
|
|
(60)
|
| Ending balance at Sep. 30, 2025 |
28,097,278
|
27,673,589
|
10,688
|
24,894,452
|
125,198
|
2,643,251
|
423,689
|
| Beginning balance at Dec. 31, 2025 |
28,222,587
|
27,797,640
|
10,688
|
24,898,868
|
121,031
|
2,767,053
|
424,947
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
885,954
|
872,390
|
|
|
|
872,390
|
13,564
|
| Reallocation of equity |
0
|
40
|
|
40
|
|
|
(40)
|
| Dividends and distributions declared |
(489,302)
|
(481,045)
|
|
|
|
(481,045)
|
(8,257)
|
| Stock-based compensation, net of forfeitures |
1,827
|
1,807
|
2
|
1,805
|
|
|
20
|
| Reclassification of derivative gain to Interest expense |
(6,389)
|
(6,317)
|
|
|
(6,317)
|
|
(72)
|
| Unrealized gain (loss) on cash flow hedges |
6,690
|
6,615
|
|
|
6,615
|
|
75
|
| Foreign currency translation adjustments |
(2,505)
|
(2,477)
|
|
|
(2,477)
|
|
(28)
|
| Ending balance at Mar. 31, 2026 |
28,618,862
|
28,188,653
|
10,690
|
24,900,713
|
118,852
|
3,158,398
|
430,209
|
| Beginning balance at Dec. 31, 2025 |
28,222,587
|
27,797,640
|
10,688
|
24,898,868
|
121,031
|
2,767,053
|
424,947
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
1,768,116
|
|
|
|
|
|
|
| Reclassification of derivative gain to Interest expense |
(19,418)
|
|
|
|
|
|
|
| Foreign currency translation adjustments |
(6,178)
|
|
|
|
|
|
|
| Ending balance at Sep. 30, 2026 |
29,439,658
|
29,011,715
|
11,011
|
25,859,760
|
115,455
|
3,025,489
|
427,943
|
| Beginning balance at Mar. 31, 2026 |
28,618,862
|
28,188,653
|
10,690
|
24,900,713
|
118,852
|
3,158,398
|
430,209
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
535,311
|
526,521
|
|
|
|
526,521
|
8,790
|
| Issuance of common stock, net |
951,157
|
951,157
|
321
|
950,836
|
|
|
|
| Reallocation of equity |
0
|
(1,200)
|
|
(1,200)
|
|
|
1,200
|
| Dividends and distributions declared |
(503,751)
|
(495,499)
|
|
|
|
(495,499)
|
(8,252)
|
| Stock-based compensation, net of forfeitures |
4,608
|
4,557
|
|
4,557
|
|
|
51
|
| Reclassification of derivative gain to Interest expense |
(6,389)
|
(6,318)
|
|
|
(6,318)
|
|
(71)
|
| Unrealized gain (loss) on cash flow hedges |
6,188
|
6,119
|
|
|
6,119
|
|
69
|
| Foreign currency translation adjustments |
(3,275)
|
(3,241)
|
|
|
(3,241)
|
|
(34)
|
| Ending balance at Jun. 30, 2026 |
29,602,711
|
29,170,749
|
11,011
|
25,854,906
|
115,412
|
3,189,420
|
431,962
|
| Increase (Decrease) in Stockholders' Equity |
|
|
|
|
|
|
|
| Net income |
346,851
|
342,534
|
|
|
|
342,534
|
4,317
|
| Reallocation of equity |
0
|
13
|
|
13
|
|
|
(13)
|
| Dividends and distributions declared |
(514,842)
|
(506,465)
|
|
|
|
(506,465)
|
(8,377)
|
| Stock-based compensation, net of forfeitures |
4,895
|
4,841
|
|
4,841
|
|
|
54
|
| Reclassification of derivative gain to Interest expense |
(6,640)
|
(6,567)
|
|
|
(6,567)
|
|
(73)
|
| Unrealized gain (loss) on cash flow hedges |
7,081
|
7,003
|
|
|
7,003
|
|
78
|
| Foreign currency translation adjustments |
(398)
|
(393)
|
|
|
(393)
|
|
(5)
|
| Ending balance at Sep. 30, 2026 |
$ 29,439,658
|
$ 29,011,715
|
$ 11,011
|
$ 25,859,760
|
$ 115,455
|
$ 3,025,489
|
$ 427,943
|