# Ventas, Inc. (VTR) FY2025 Q1 P&L / Income Statement

- Company: Ventas, Inc. (VTR)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-01, accession number 0000740260-25-000155
- Page: https://plicit.ai/financials/vtr/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/vtr-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,358,074,000 US dollars
- **Operating expenses (calculated)**: 1,317,133,000 US dollars
- **Operating profit (calculated)**: 40,941,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests**: 40,941,000 US dollars
- **Income tax benefit**: negative 10,557,000 US dollars
- **Net income (loss)**: 48,356,000 US dollars
- **Interest and other income**: 3,078,000 US dollars
- **Resident fees and services**: 968,904,000 US dollars
- **Third-party capital management expenses**: 4,336,000 US dollars
- **Income from loans and investments**: 4,324,000 US dollars
- **Outpatient Medical And Research Portfolio**: 221,319,000 US dollars
- **Triple Net Leased Properties**: 156,113,000 US dollars
- **Total expenses**: 1,317,133,000 US dollars
- **Loss from unconsolidated entities**: negative 3,311,000 US dollars. Reported below-tax contribution to net income.
- **Gain on real estate dispositions**: 169,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to Ventas, Inc.: $46.87 M; to noncontrolling interests: $1.49 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/vtr/fy2025-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/vtr-fy2025-q1-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,358,074,000 US dollars
- **Operating expenses (calculated)**: 1,317,133,000 US dollars
- **Operating profit (calculated)**: 40,941,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests**: 40,941,000 US dollars
- **Income tax benefit**: negative 10,557,000 US dollars
- **Net income (loss)**: 48,356,000 US dollars
- **Senior Housing Operating Portfolio (SHOP)**: 968,904,000 US dollars
- **Outpatient Medical And Research Portfolio**: 221,999,000 US dollars
- **Triple Net Leased Properties**: 156,113,000 US dollars
- **Total expenses**: 1,317,133,000 US dollars
- **Revenue before reconciliation (calculated)**: 1,347,016,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Non-Segment**: 11,058,000 US dollars. Reported reconciliation to consolidated revenue.
- **Loss from unconsolidated entities**: negative 3,311,000 US dollars. Reported below-tax contribution to net income.
- **Gain on real estate dispositions**: 169,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Ventas, Inc.: $46.87 M; to noncontrolling interests: $1.49 M.