Ventas, Inc. (VTR) Financials
Key financial figures for Ventas, Inc. (Q3 2026).
Ventas Q3 2026 normalized FFO of $0.99 per share rose 10% from $0.90 a year earlier, SHOP same-store cash NOI grew 16%, and full-year normalized FFO guidance moved to $3.87-$3.90. Normalized FFO was $0.99 per diluted share against $0.90 in Q3 2025 (up 10%); Nareit FFO was $1.01 against $0.88 (up 15%). Net income attributable to common stockholders was $0.13 per diluted share against $0.14. SHOP (senior housing operating portfolio) same-store cash NOI grew 15.5% year over year (the release headlines 16%), with RevPOR up 5%, average occupancy up 290 basis points and same-store cash NOI margin up 190 basis points. U.S. SHOP same-store cash NOI grew 17% and U.S. average occupancy rose 320 basis points to exceed 90%. On the outlook: Full year 2026 normalized FFO per share raised to $3.87-$3.90 (midpoint $3.89) from $3.85-$3.90 (midpoint $3.88); Nareit FFO per share $3.83-$3.86 from $3.76-$3.81; attributable net income per share $0.64-$0.67 from $0.58-$0.63. Assumes $5.2 billion of completed senior housing investments year to date (previously ~$4.5 billion expected) and a 509 million weighted average diluted share count (previously 506 million). Figures are for Q3 2026, as Ventas, Inc. reported them.
- Revenue
- $1.8B
- Net Income
- $65M
- EPS
- $0.13
- Total Assets
- $30.6B
- Operating Cash Flow
- $490M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.8B | $65M | $0.13 | $345M | |
| Q2 FY2026 | $1.7B | $74M | $0.14 | ||
| Q1 FY2026 | $1.7B | $56M | $0.11 | -$577M | |
| Q4 FY2025 | $1.6B | $70M | $0.15 | $368M | |
| Q3 FY2025 | $1.5B | $66M | $0.14 | $286M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $5.8B | $251M | $0.54 | $1.3B | |
| FY2024 | $4.9B | $81M | $0.19 | $1.1B | |
| FY2023 | $4.5B | -$41M | -$0.10 | $935M |
Frequently asked questions
What was Ventas, Inc.'s revenue last quarter?
Ventas, Inc. reported revenue of $1.83 billion for Q3 FY2026, up 23.0% from the same period a year earlier.
Is Ventas, Inc. profitable?
Yes. Ventas, Inc. reported net income of $65.4 million for Q3 FY2026, a net margin of 3.57% on revenue.
How much free cash flow did Ventas, Inc. generate?
Ventas, Inc. generated free cash flow of $345.1 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Ventas, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.