Vici Properties (VICI) Cost of Revenue (2016 - 2026)
Vici Properties (VICI) reported Cost of Revenue of $6.5 million for Q1 2026, up 1.84% on a YoY basis from $6.4 million in Q1 2025, and down 7.51% sequentially from $7.0 million in Q4 2025.
Vici Properties (VICI) Cost of Revenue (2016 - 2026) Analysis & Trends
Vici Properties (VICI) has 11 years of Cost of Revenue data on file, last reported at $6.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 1.84% year-over-year to $6.5 million; the trailing twelve-month figure through Mar 2026 stood at $26.8 million (changed 0.42% YoY), and the FY2025 full-year result was $26.7 million, down 0.61% from the prior year.
- Cost of Revenue fell to $6.5 million in Q1 2026, from $7.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $8.2 million in Q4 2023 to a low of $5.2 million in Q3 2022.
- A 5-year average of $6.5 million and a median of $6.5 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 30.98% in 2023 and decreased 17.87% in 2024, its largest moves.
- Tracing VICI's Cost of Revenue over 5 years: stood at $6.3 million in 2022, then surged by 30.98% to $8.2 million in 2023, then dropped by 17.87% to $6.7 million in 2024, then increased by 3.66% to $7.0 million in 2025, then retreated by 7.51% to $6.5 million in 2026.
- Business Quant data shows VICI's Cost of Revenue at $6.5 million in Q1 2026, $7.0 million in Q4 2025, and $6.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.61 Bn | 28.13 Bn | 1.01 Bn | 6.47 Mn |
| 2 | W. P. Carey | 16.83 Bn | 16.83 Bn | 434.82 Mn | 19.69 Mn |
| 3 | Broadstone Net Lease | 4.28 Bn | 4.26 Bn | - | - |
| 4 | Global Net Lease | 1.90 Bn | 1.77 Bn | - | - |
| 5 | American Assets Trust | 1.48 Bn | 1.48 Bn | - | - |
| 6 | Safehold | 1.20 Bn | -2.43 Bn | 109.54 Mn | 1.31 Mn |
| 7 | Empire State Realty Trust | 960.04 Mn | 960.04 Mn | - | - |
| 8 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 9 | JBG SMITH Properties | 842.68 Mn | 842.68 Mn | - | - |
| 10 | CTO Realty Growth | 720.62 Mn | 720.62 Mn | 31.01 Mn | 10.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.47 Mn |
| Mar 31, 2026 | 6.47 Mn |
| Dec 31, 2025 | 6.99 Mn |
| Dec 31, 2025 | 6.99 Mn |
| Sep 30, 2025 | 6.77 Mn |
| Sep 30, 2025 | 6.77 Mn |
| Jun 30, 2025 | 6.62 Mn |
| Jun 30, 2025 | 6.62 Mn |
| Mar 31, 2025 | 6.35 Mn |
| Mar 31, 2025 | 6.35 Mn |
| Dec 31, 2024 | 6.75 Mn |
| Dec 31, 2024 | 6.75 Mn |
| Sep 30, 2024 | 6.82 Mn |
| Sep 30, 2024 | 6.82 Mn |
| Jun 30, 2024 | 6.81 Mn |
| Jun 30, 2024 | 6.81 Mn |
| Mar 31, 2024 | 6.51 Mn |
| Mar 31, 2024 | 6.51 Mn |
| Dec 31, 2023 | 8.22 Mn |
| Dec 31, 2023 | 8.22 Mn |