KPIs & Operating Metrics(New)

Vici Properties (VICI) Operating Expenses (2016 - 2025)

Vici Properties (VICI) has disclosed Operating Expenses for 10 consecutive years, with $20.3 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 86.03% to $20.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $281.6 million through Dec 2025, down 8.82% year-over-year, with the annual reading at $358.5 million for FY2025, 16.09% up from the prior year.
  • Operating Expenses hit $20.3 million in Q4 2025 for Vici Properties, up from $17.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $602.5 million in Q2 2022 to a low of -$15.3 million in Q4 2023.
  • Historically, Operating Expenses has averaged $96.6 million across 5 years, with a median of $26.5 million in 2021.
  • Biggest five-year swings in Operating Expenses: tumbled 225.07% in 2023 and later soared 9772.26% in 2025.
  • Year by year, Operating Expenses stood at $28.2 million in 2021, then plummeted by 56.56% to $12.3 million in 2022, then crashed by 225.07% to -$15.3 million in 2023, then soared by 1047.39% to $145.2 million in 2024, then crashed by 86.03% to $20.3 million in 2025.
  • Business Quant data shows Operating Expenses for VICI at $20.3 million in Q4 2025, $17.3 million in Q3 2025, and $15.3 million in Q2 2025.