---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000767"
form_type: "8-K"
ticker: "VTR"
cik: "0000740260"
company_name: "Ventas, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T14:51:08.031893+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ventas Q1 Net Income $0.04/sh, Normalized FFO $0.74; same-store SHOP NOI +17.4% YoY

## Summary
- Net Income per share $0.04; Normalized FFO per share $0.74.
- Total company same-store cash NOI grew 8.1% YoY.
- SHOP same-store cash NOI grew 17.4% YoY, driven by ~8% revenue growth and 200 bps margin expansion.
- Reaffirmed full-year Normalized FFO guidance.
- Excluding prior-year HHS grants of $33M, total company NOI grew 5.8% YoY.

## SEC filing metadata
- accession: 0001157523-23-000767
- form_type: 8-K
- ticker: VTR
- cik: 0000740260
- company_name: Ventas, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740260/000115752323000767/0001157523-23-000767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740260/000115752323000767/a53395580.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000767
- JSON: https://secwatch.observer/filing/0001157523-23-000767.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000767.txt

## Key facts
- Earnings Releases
  Ventas, Inc. reported the quarter ended March 31, 2023 results: EPS $0.04. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - EPS: $0.04
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 8, 2023, Ventas, Inc. (the “Company”) issued a press release announcing its results of operations for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/740260/000115752323000767/0001157523-23-000767-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.