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VICI PROPERTIES INC.

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

VICI$24.99-0.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Partners' Capital F -

CONSOLIDATED STATEMENTS OF PARTNERS’ CAPITAL

Partners’ CapitalAccumulated Other Comprehensive IncomeNon-controlling InterestTotal
Balance as of December 31, 2022$21,900,511$185,201$79,504$22,165,216
Net income2,535,066—10,9042,545,970
Contributions from Parent2,516,109——2,516,109
Distributions to Parent(1,673,609)——(1,673,609)
Issuance of partnership units——24,39024,390
Distributions to non-controlling interest——(9,166)(9,166)
Stock-based compensation, net of forfeitures10,570——10,570
Reclassification of derivative gain to Interest expense—(24,148)—(24,148)
Unrealized loss on cash flow hedges—(9,655)—(9,655)
Foreign currency translation adjustments—1,952—1,952
Balance as of December 31, 202325,288,647153,350105,63225,547,629
Net income2,704,255—11,2002,715,455
Contributions from Parent430,693——430,693
Distributions to Parent(1,800,891)——(1,800,891)
Distributions to non-controlling interest——(10,716)(10,716)
Stock-based compensation, net of forfeitures12,169——12,169
Reclassification of derivative gain to Interest expense—(24,662)—(24,662)
Unrealized gain on cash flow hedges—26,973—26,973
Foreign currency translation adjustments—(11,762)—(11,762)
Balance as of December 31, 202426,634,873143,899106,11626,884,888
Net income2,801,482—11,1652,812,647
Contributions from Parent376,248——376,248
Distributions to Parent(1,897,922)——(1,897,922)
Distributions to non-controlling interest——(10,838)(10,838)
Stock-based compensation, net of forfeitures8,964——8,964
Reclassification of derivative gain to Interest expense—(25,509)—(25,509)
Unrealized loss on cash flow hedges—(5,949)—(5,949)
Foreign currency translation adjustments—7,649—7,649
Balance as of December 31, 2025$27,923,645$120,090$106,443$28,150,178

F - 15

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.