Pre-Tax Income
Welltower Pre-Tax Income increased by 17.8% to $345.24M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 73.7%, from $198.71M to $345.24M. Over 3 years (FY 2021 to FY 2024), Pre-Tax Income shows an upward trend with a 45.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
income_before_taxHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.84M | $91.15M | $68.75M | $50.71M | $109.33M | $6.24M | $6.78M | $38.00M | $152.35M | $72.24M | $87.46M | $140.90M | $90.43M | $183.87M | $109.24M | $198.71M | $298.21M | $293.11M | $345.24M |
| QoQ Change | — | >999% | -24.6% | -26.2% | +115.6% | -94.3% | +8.7% | +460.3% | +300.9% | -52.6% | +21.1% | +61.1% | -35.8% | +103.3% | -40.6% | +81.9% | +50.1% | -1.7% | +17.8% |
| YoY Change | — | — | — | — | >999% | -93.2% | -90.1% | -25.1% | +39.3% | >999% | >999% | +270.8% | -40.6% | +154.5% | +24.9% | +41.0% | +229.8% | +59.4% | +73.7% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Triple Net | $155.97M | $167.58M | $233.32M | $154.53M | $194.36M | $198.44M | $113.75M | $219.77M |
| Outpatient Medical | $56.65M | $57.63M | $57.41M | $60.40M | $67.35M | $67.83M | $68.53M | $77.64M |
| Senior Housing Operating | — | -$9.13M | $32.76M | $17.71M | — | $45.77M | $68.34M | $61.68M |
| Total | $6.78M | $38.00M | $152.35M | $72.24M | $87.46M | $140.90M | $90.43M | $183.87M |
Outpatient Medical, Senior Housing Operating, Triple Net were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Welltower's pre-tax income?
- Welltower (WELL) reported pre-tax income of $345.24M in Q1 2026.
- How has Welltower's pre-tax income changed year-over-year?
- Welltower's pre-tax income increased by 73.7% year-over-year, from $198.71M to $345.24M.
- What is the long-term trend for Welltower's pre-tax income?
- Over 3 years (2021 to 2024), Welltower's pre-tax income has grown at a 45.4% compound annual growth rate (CAGR), from $170.75M to $524.44M.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.