VICI Properties (VICI) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared to the immediately preceding quarter and rose sharply relative to the same quarter one year earlier. The growth reflects a continuation of the upward trend observed over the past several quarters.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter increased compared to the immediately preceding quarter and rose sharply relative to the same quarter one year earlier. The growth reflects a continuation of the upward trend observed over the past several quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$877.6M
Revenue reported for this quarter.
Quarter-over-quarter
+14.0%
Change from the immediately preceding quarter.
Year-over-year
+110.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $662.6M | +76.0% |
| Sep 30, 2022 | $751.5M | +100.0% |
| Dec 31, 2022 | $769.9M | +100.9% |
| Mar 31, 2023 | $877.6M | +110.7% |
Revenue performance
Revenue rose from the prior quarter and also increased substantially from the same quarter a year ago.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher; compared with the same quarter one year earlier, revenue was also higher.
What to watch
The company's available liquidity comprises cash, revolving credit capacity, and proceeds from forward sale agreements, as disclosed in the filing.