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Revenue

Ventas·Business Segments·3 segments·Rolls up to Total Revenue

Breakdown

Segments

SHOPView metric

OM&RView metric

Segment	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
SHOP	$817.6M	$845.53M	—	$968.9M	$1.03B	$1.09B	—	$1.29B
OM&R	$219.56M	$221.58M	$216.95M	$222M	$221.49M	$226.88M	$227.54M	$230.9M
NNN	$153.93M	$155.35M	$157.4M	$156.11M	$152.7M	$160.05M	$132.71M	$123.07M
Total	$1.2B	$1.24B	$1.29B	$1.36B	$1.42B	$1.49B	$1.57B	$1.66B