# Ventas, Inc. (VTR) FY2026 Q1 P&L / Income Statement

- Company: Ventas, Inc. (VTR)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-04-28, accession number 0000740260-26-000018
- Page: https://plicit.ai/financials/vtr/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/vtr-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-01 through 2026-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,656,944,000 US dollars
- **Total expenses**: 1,621,531,000 US dollars
- **Operating profit (calculated)**: 35,413,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests**: 35,413,000 US dollars
- **Income tax benefit**: negative 15,937,000 US dollars
- **Net income**: 59,046,000 US dollars
- **Outpatient Medical And Research Portfolio**: 230,104,000 US dollars
- **Triple Net Leased Properties**: 123,071,000 US dollars
- **Resident fees and services**: 1,292,790,000 US dollars
- **Other revenues**: 4,411,000 US dollars
- **Income from loans and investments**: 4,069,000 US dollars
- **Interest and other income**: 2,499,000 US dollars
- **Interest**: 156,142,000 US dollars
- **Depreciation and amortization**: 382,468,000 US dollars
- **Property-level operating expenses**: 1,001,534,000 US dollars
- **Third-party capital management expenses**: 1,833,000 US dollars
- **General, administrative and professional fees**: 62,746,000 US dollars
- **Transaction, transition and restructuring costs**: 6,659,000 US dollars
- **Other expense**: 9,700,000 US dollars
- **Loss on extinguishment of debt, net**: 449,000 US dollars
- **Loss from unconsolidated entities**: negative 7,350,000 US dollars. Reported below-tax contribution to net income.
- **Gain on real estate dispositions**: 15,046,000 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.: $55.91 M; to noncontrolling interests: $3.13 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/vtr/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/vtr-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,656,944,000 US dollars
- **Total expenses**: 1,621,531,000 US dollars
- **Operating profit (calculated)**: 35,413,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests**: 35,413,000 US dollars
- **Income tax benefit**: negative 15,937,000 US dollars
- **Net income**: 59,046,000 US dollars
- **Senior Housing Operating Portfolio (SHOP)**: 1,292,790,000 US dollars
- **Outpatient Medical And Research Portfolio**: 230,904,000 US dollars
- **Triple Net Leased Properties**: 123,071,000 US dollars
- **Interest**: 156,142,000 US dollars
- **Depreciation and amortization**: 382,468,000 US dollars
- **Property-level operating expenses**: 1,001,534,000 US dollars
- **Third-party capital management expenses**: 1,833,000 US dollars
- **General, administrative and professional fees**: 62,746,000 US dollars
- **Transaction, transition and restructuring costs**: 6,659,000 US dollars
- **Other expense**: 9,700,000 US dollars
- **Loss on extinguishment of debt, net**: 449,000 US dollars
- **Revenue before reconciliation (calculated)**: 1,646,765,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Non-Segment**: 10,179,000 US dollars. Reported reconciliation to consolidated revenue.
- **Loss from unconsolidated entities**: negative 7,350,000 US dollars. Reported below-tax contribution to net income.
- **Gain on real estate dispositions**: 15,046,000 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.: $55.91 M; to noncontrolling interests: $3.13 M.