VICI Properties (VICI) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter increased compared with the prior quarter and also rose versus the same quarter one year earlier. The company's revenue trajectory continued upward from recent periods.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter increased compared with the prior quarter and also rose versus the same quarter one year earlier. The company's revenue trajectory continued upward from recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$898.2M
Revenue reported for this quarter.
Quarter-over-quarter
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+35.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.3B
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 |
|---|---|---|
| Sep 30, 2022 | $751.5M | +100.0% |
| Dec 31, 2022 | $769.9M | +100.9% |
| Mar 31, 2023 | $877.6M | +110.7% |
| Jun 30, 2023 | $898.2M | +35.5% |
Revenue performance
The reported revenue grew from the prior quarter, marking another sequential increase. Year over year, the revenue showed a strong gain.
Quarterly comparison
The quarter-over-quarter increase was moderate, while the year-over-year increase was more substantial. The sequential growth rate was lower than the annual comparison.
What to watch
A key point to watch is whether the company can sustain its sequential revenue growth in the upcoming quarters.