Form 8-K · Current Report · Filed 2026-07-29

Ventas Reports Strong Q2 2026 Results and Raises Investment Guidance

Ventas, Inc. reported strong second-quarter 2026 results, with Normalized Funds From Operations (FFO) per share of $0.97, a 9% increase year-over-year. The company also raised its full-year 2026 investment volume expectations to $4.5 billion, up from the prior guidance of $3 billion, driven by increased investment activity in senior housing. Key financial metrics showed significant growth, including a 17% year-over-year increase in Total Company Net Operating Income (NOI) and a 16% increase in Senior Housing Operating Portfolio (SHOP) Same-Store Cash NOI. The company's financial strength and flexibility were also highlighted, with a strengthened Net Debt-to-Further Adjusted EBITDA ratio of 4.7x.