Filing Flows › Vici Properties (VICI) › Q2 2026 › vs Q1 2026
Vici Properties (VICI) Q2 2026 vs Q1 2026 (quarter over quarter)
Vici Properties's revenue rose $40.0M (+4%) from $1.0B in Q1 2026 to $1.1B in Q2 2026. Operating margin 50.5% against 87.4% (-36.8 pts).
Vici Properties, Q2 2026: revenue $1.1B (+6% year over year), operating margin 50.5%, net earnings $527M, operating cash flow $728M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 50.5% | 87.4% | -36.8 pts |
| Net margin | 49.7% | 85.7% | -35.9 pts |
| Free cash flow margin | 68.8% | 62.0% | +6.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $40.0M | +4% |
| Operating profit | $535M | $890M | −$355M | -40% |
| Costs & expenses | $524M | $129M | $395M | +307% |
| Pre-tax earnings | $535M | $890M | −$355M | -40% |
| Cost of revenue | $7.4M | $6.5M | $926K | +14% |
| General & admin | $15.4M | $16.0M | −$547K | -3% |
| Other operating costs | $501M | $106M | $395M | +372% |
| Income tax benefit | $461K | −$4.0M | $4.4M | — |
| Net earnings | $527M | $872M | −$346M | -40% |
| Minority interests | $8.8M | $13.6M | −$4.8M | -35% |
| Depreciation | $998K | $967K | $31K | +3% |
| Share-based compensation | $4.6M | $4.1M | $484K | +12% |
| Working capital & other | $196M | −$246M | $442M | — |
| Operating cash flow | $728M | $632M | $96.3M | +15% |
| Free cash flow (OCF − capex) | $728M | $631M | $96.8M | +15% |
| Capital expenditures | $166K | $628K | −$462K | -74% |
Questions
How much did Vici Properties's revenue grow quarter over quarter in Q2 2026?
Vici Properties's revenue rose $40.0M (+4%) from $1.0B in Q1 2026 to $1.1B in Q2 2026. Operating margin 50.5% against 87.4% (-36.8 pts).