Ventas (VTR) Q3 2025 10-Q Quarterly Report

Filed: Oct 30, 2025Period ending Sep 30, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

Ventas (VTR) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 30, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Ventas Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $615M Q3 2025, up 19.8% YoY from $513M; 9-month revenue $1.77B, up 15.7% from $1.53B
  • Operating margin (NOI/Revenue) approx. 48.1% Q3 2025 vs 41.7% Q3 2024 in SHOP segment; total NOI Q3 $615M vs $513M YoY
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Risk Factors

  • No new risk factors added this quarter since 10-K for fiscal 2024
  • Carried-forward liquidity risk: ability to meet debt obligations may be impacted by market conditions or operational performance
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Ventas Q3 2025 Quarterly Financials
XBRL

Revenue

$1.5B

+20.4% YoY +4.8% QoQ

Net Income

$66M

+243.2% YoY -3.2% QoQ

Net Margin

4.4%

+288bp YoY -37bp QoQ

Source: XBRL data from Ventas Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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