Ventas financials
$87.04+0.52%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.73B | $1.65B | $1.57B | $1.48B | $1.42B | $1.35B | $1.28B | $1.23B | $1.19B | $1.19B | $1.16B | $1.15B |
| Gross profit | $686.9M | $652.9M | $636.6M | $610.9M | $589.8M | $571.1M | $543.9M | $512.8M | $514.6M | $505.6M | $490.6M | $490.6M |
| Gross margin | 39.8% | 39.5% | 40.5% | 41.3% | 41.7% | 42.1% | 42.4% | 41.8% | 43.1% | 42.4% | 42.3% | 42.8% |
| Operating income | $212.5M | $189.1M | $247.2M | $193.0M | $187.1M | $187.2M | $169.4M | $159.4M | $132.5M | $139.2M | $40.5M | $85.5M |
| Net income | $70.6M | $55.9M | $70.2M | $66.0M | $68.3M | $46.9M | $56.8M | $19.2M | $19.4M | -$14.3M | -$90.8M | -$71.1M |
| Net margin | 4.1% | 3.4% | 4.5% | 4.5% | 4.8% | 3.5% | 4.4% | 1.6% | 1.6% | −1.2% | −7.8% | −6.2% |
| Diluted EPS | $0.14 | $0.11 | $0.15 | $0.14 | $0.15 | $0.10 | $0.13 | $0.05 | $0.05 | $-0.04 | $-0.22 | $-0.18 |
| EBITDA | $636.9M | $583.4M | $585.5M | $552.4M | $536.3M | $512.5M | $456.8M | $466.0M | $455.3M | $446.8M | $40.5M | $417.9M |
| Operating cash flow | $556.5M | $394.6M | $471.7M | $378.6M | $475.3M | $321.1M | $373.6M | $353.7M | $335.9M | $266.4M | $279.1M | $286.1M |
| Free cash flow | -$1.10B | -$722.3M | -$1.28B | -$797.0M | $139.6M | -$563.4M | $24.8M | $13.0M | -$105.9M | $96.2M | $40.7M | $123.6M |
| Diluted shares | 497.7M | 486.7M | 481.5M | 463.4M | 459.1M | 446.4M | 426.9M | 419.5M | 411.8M | 407.2M | 408.1M | 406.7M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $199.0M | $183.6M | $741.1M | $188.6M | $614.2M | $182.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $12.69B | $12.52B | $13.01B | $12.68B | $13.19B | $12.81B |
| Total assets | $29.66B | $27.69B | $27.59B | $26.93B | $26.47B | $26.03B |
| Total liabilities | $14.44B | $14.11B | $14.63B | $14.15B | $14.55B | $14.17B |
| Shareholders' equity | $14.70B | $13.18B | $12.59B | $12.42B | $11.59B | $11.53B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology