Filing Flows › Ventas (VTR) › Q2 2026 › vs Q1 2026
Ventas (VTR) Q2 2026 vs Q1 2026 (quarter over quarter)
Ventas's revenue rose $72.7M (+4%) from $1.7B in Q1 2026 to $1.7B in Q2 2026. Operating margin 3.1% against 2.1% (+1.0 pts).
Ventas, Q2 2026: revenue $1.7B (+22% year over year), operating margin 3.1%, net earnings $70.6M, operating cash flow $557M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 3.1% | 2.1% | +1.0 pts |
| Net margin | 4.1% | 3.4% | +0.7 pts |
| Free cash flow margin | 27.7% | 19.4% | +8.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $72.7M | +4% |
| Operating profit | $54.2M | $35.4M | $18.8M | +53% |
| Costs & expenses | $1.7B | $1.6B | $53.8M | +3% |
| Pre-tax earnings | $46.6M | $43.1M | $3.5M | +8% |
| Other expense, net | $7.6M | −$7.7M | $15.3M | — |
| General & admin | $47.0M | $62.7M | −$15.8M | -25% |
| Other operating costs | $1.6B | $1.6B | $69.6M | +4% |
| Income tax benefit | $25.6M | $15.9M | $9.7M | +61% |
| Net earnings | $70.6M | $55.9M | $14.7M | +26% |
| Minority interests | $1.7M | $3.1M | −$1.5M | -47% |
| Depreciation & amortization | $408M | $382M | $25.2M | +7% |
| Share-based compensation | $5.3M | $24.8M | −$19.5M | -79% |
| Working capital & other | $73.0M | −$68.6M | $142M | — |
| Operating cash flow | $557M | $395M | $162M | +41% |
| Free cash flow (OCF − capex) | $479M | $322M | $157M | +49% |
| Capital expenditures | $77.2M | $72.4M | $4.8M | +7% |
Questions
How much did Ventas's revenue grow quarter over quarter in Q2 2026?
Ventas's revenue rose $72.7M (+4%) from $1.7B in Q1 2026 to $1.7B in Q2 2026. Operating margin 3.1% against 2.1% (+1.0 pts).