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VICI PROPERTIES INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Income from sales-type leases $ 531,765 $ 518,691 $ 1,590,717 $ 1,543,752
Income from lease financing receivables, loans and securities 447,986 419,115 1,314,726 1,242,151
Other income 19,547 19,315 58,596 57,950
Golf revenues 8,190 7,548 28,987 29,300
Total revenues 1,007,488 964,669 2,993,026 2,873,153
Operating expenses        
General and administrative 16,344 16,458 45,765 48,418
Depreciation 937 1,008 2,674 3,133
Other expenses 19,547 19,315 58,596 57,950
Golf expenses 6,765 6,824 19,736 20,148
Change in allowance for credit losses (20,153) (31,626) 24,803 32,292
Transaction and acquisition expenses 9 1,164 7,488 1,728
Total operating expenses 23,449 13,143 159,062 163,669
Interest expense (210,333) (207,317) (633,381) (617,976)
Interest income 3,881 2,797 9,871 12,016
Other (losses) gains (82) (64) 792 770
Income before income taxes 777,505 746,942 2,211,246 2,104,294
Provision for income taxes (3,885) (2,461) (6,993) (7,257)
Net income 773,620 744,481 2,204,253 2,097,037
Less: Net income attributable to non-controlling interests (11,580) (11,583) (33,527) (32,821)
Net income attributable to common stockholders $ 762,040 $ 732,898 $ 2,170,726 $ 2,064,216
Net income per common share        
Basic (in dollars per share) $ 0.71 $ 0.70 $ 2.05 $ 1.98
Diluted (in dollars per share) $ 0.71 $ 0.70 $ 2.05 $ 1.98
Weighted average number of shares of common stock outstanding        
Basic (in shares) 1,067,253,644 1,046,626,838 1,059,870,808 1,043,921,660
Diluted (in shares) 1,068,369,218 1,048,338,348 1,060,732,039 1,044,897,468
Net income $ 773,620 $ 744,481 $ 2,204,253 $ 2,097,037
Other comprehensive income        
Reclassification of derivative gain to Interest expense (6,389) (6,100) (19,120) (18,530)
Unrealized (loss) gain on cash flow hedges 0 (2,714) (5,949) 9,768
Foreign currency translation adjustments (4,652) 2,258 5,474 (3,559)
Comprehensive income 762,579 737,925 2,184,658 2,084,716
Comprehensive income attributable to non-controlling interests (11,448) (11,533) (33,308) (32,665)
Comprehensive income attributable to common stockholders $ 751,131 $ 726,392 $ 2,151,350 $ 2,052,051