VICI Properties (VICI) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased sequentially and compared to the same quarter last year. The growth reflects continued business momentum.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter increased sequentially and compared to the same quarter last year. The growth reflects continued business momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$951.5M
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.7B
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, 2023 | $898.2M | +35.5% |
| Sep 30, 2023 | $904.3M | +20.3% |
| Dec 31, 2023 | $931.9M | +21.0% |
| Mar 31, 2024 | $951.5M | +8.4% |
Revenue performance
Reported revenue rose from the prior quarter, extending the upward trend seen over the past year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew modestly. Versus the same quarter one year earlier, the increase was more pronounced.
What to watch
Monitor whether the sequential growth rate sustains in upcoming quarters.