Filing Flows › Vici Properties (VICI) › How it makes money
How Vici Properties (VICI) makes money
Vici Properties (VICI) made $1.1B of revenue in the second quarter 2026 (Q2 2026), +6% from a year earlier. Of every dollar of revenue, 51¢ was left as operating profit, 50¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $1.1B | 100.0% |
| Operating profit | $535M | 50.5% |
| Net earnings | $527M | 49.7% |
| Operating cash flow | $728M | 68.8% |
| Free cash flow | $728M | 68.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $1.1B | +6% |
| Q1 2026 | $1.0B | +4% |
| Q4 2025 | $1.0B | +4% |
| Q3 2025 | $1.0B | +4% |
| Q2 2025 | $1.0B | +5% |
| Q1 2025 | $984M | +3% |
| Q4 2024 | $976M | +5% |
From Vici Properties' 10-Q filed Jul 29, 2026 (on EDGAR).
Questions
How does Vici Properties make money?
Vici Properties (VICI) made $1.1B of revenue in the second quarter 2026 (Q2 2026), +6% from a year earlier. Of every dollar of revenue, 51¢ was left as operating profit, 50¢ was left as net earnings.
What is Vici Properties' profit margin?
Net earnings were $527M, 49.7% of revenue, in the second quarter 2026; the operating margin was 50.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.