For the quarter ending 2025-09-30, VICI had $274,520K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Non-cash transaction costs | - | - | - | 0 |
| Net income | 773,620 | 878,368 | 552,265 | 624,205 |
| Income from unconsolidated affiliate | - | - | - | 0 |
| Non-cash leasing and financing adjustments | 131,105 | 129,924 | 132,047 | 134,869 |
| Distributions from unconsolidated affiliate | - | - | - | 0 |
| Stock-based compensation | 4,415 | 4,439 | 2,904 | 4,538 |
| Depreciation | 937 | 741 | 996 | 992 |
| Other gains | -82 | 992 | -118 | -189 |
| Amortization of debt issuance costs and original issue discount | 11,007 | 12,428 | 12,356 | 12,493 |
| Change in allowance for credit losses | -20,153 | -142,001 | 186,957 | 94,428 |
| Net proceeds from settlement of derivatives | 0 | 0 | 1,767 | 6,775 |
| Deferred income taxes | 2,776 | 4,048 | -3,976 | 1,205 |
| Payment-in-kind interest | 13,084 | 10,747 | - | - |
| Other assets | 2,354 | -419 | 6,666 | -9,338 |
| Accrued expenses and deferred revenue | -41,871 | 25,508 | -22,898 | 26,130 |
| Other liabilities | 2,019 | -2,388 | 83 | -1,327 |
| Net cash provided by operating activities | 586,289 | 639,899 | 591,859 | 644,097 |
| Investments in leases - sales-type | 0 | 0 | 0 | 150,000 |
| Investments in leases - financing receivables | 0 | 0 | 0 | 0 |
| Investments in loans and securities | 62,416 | 338,592 | 385,352 | 105,330 |
| Principal repayments of loans and securities and receipts of deferred fees | 12,782 | 7,464 | 50 | 0 |
| Capitalized transaction costs | 248 | -46 | 123 | 3,772 |
| Investments in short-term investments | 0 | 0 | 0 | 0 |
| Maturities of short-term investments | 0 | 0 | - | 0 |
| Net cash paid to acquire businesses-MGMGrowth Properties Acquisition | - | - | - | 0 |
| Proceeds from sale of real estate | -30 | 1,992 | - | 11 |
| Net cash paid to acquire businesses-MGMGrand Mandalay Bay JV | - | - | - | 0 |
| Acquisition of property and equipment | 205 | 672 | 156 | 1,084 |
| Net cash used in investing activities | -50,117 | -329,762 | -385,581 | -260,175 |
| Proceeds from offering of common stock, net | 375,350 | - | - | 263,575 |
| Proceeds from revolving credit facility | 2,668 | 175,000 | 248,356 | 0 |
| Repayment of revolving credit facility | 174,999 | 105,849 | 151,841 | 8,425 |
| Proceeds from senior unsecured notes offerings | 0 | 1,284,437 | 0 | 742,635 |
| Redemption of senior unsecured notes | 0 | 1,300,000 | 0 | 750,000 |
| Debt issuance costs | 0 | 313 | 19,088 | 2,015 |
| Repurchase of stock for tax withholding | 11 | 44 | 7,177 | 0 |
| Distributions to non-controlling interests | 7,989 | 7,995 | -15,259 | 31,235 |
| Dividends paid | 456,815 | 456,886 | 459,026 | 452,674 |
| Net cash used in financing activities | -261,796 | -411,650 | -396,762 | -214,894 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 144 | 179 | 186 | -80 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 274,520 | -101,334 | -190,298 | 168,948 |
| Cash and cash equivalents at beginning of period | 524,615 | - | - | - |
| Cash and cash equivalents at end of period | 507,503 | - | - | - |
VICI PROPERTIES INC. (VICI)
VICI PROPERTIES INC. (VICI)