Business Segments · Revenue

NNN — Revenue

Ventas NNN — Revenue decreased by 7.3% to $123.07M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.2%, from $156.11M to $123.07M. Over 4 years (FY 2021 to FY 2025), NNN — Revenue shows relatively stable performance with a -2.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

Growth in revenue indicates successful leasing activity, rent escalations, or portfolio expansion.

Detailed definition

The total gross revenue generated by the Triple-Net leased segment, primarily consisting of rental income from tenants....

Peer comparison

Primary metric for comparing the scale and revenue-generating capacity of REIT segments across the industry.

Metric ID: vtr_segment_nnn_revenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$159.22M$181.38M$153.34M$151.56M$149.40M$150.12M$147.08M$149.74M$154.36M$159.81M$155.30M$155.37M$153.93M$155.35M$157.40M$156.11M$152.70M$160.05M$132.71M$123.07M
QoQ Change+13.9%-15.5%-1.2%-1.4%+0.5%-2.0%+1.8%+3.1%+3.5%-2.8%+0.0%-0.9%+0.9%+1.3%-0.8%-2.2%+4.8%-17.1%-7.3%
YoY Change-6.2%-17.2%-4.1%-1.2%+3.3%+6.5%+5.6%+3.8%-0.3%-2.8%+1.4%+0.5%-0.8%+3.0%-15.7%-21.2%
Range$123.07M$181.38M
CAGR-5.3%
Avg YoY Growth-2.8%
Median YoY Growth-0.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Ventas's nnn — revenue?
Ventas (VTR) reported nnn — revenue of $123.07M in Q1 2026.
How has Ventas's nnn — revenue changed year-over-year?
Ventas's nnn — revenue decreased by 21.2% year-over-year, from $156.11M to $123.07M.
What is the long-term trend for Ventas's nnn — revenue?
Over 4 years (2021 to 2025), Ventas's nnn — revenue has grown at a -2.1% compound annual growth rate (CAGR), from $653.82M to $601.58M.
What does nnn — revenue mean?
The total gross income earned from triple-net leased properties.