Welltower SG&A decreased by 95.7% to $67.47M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $63.76M to $67.47M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 92.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Detailed definition
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Peer comparison
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrativeHistorical 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $31.44M | $32.26M | $33.11M | $37.71M | $36.55M | $34.81M | $41.32M | $44.37M | $44.29M | $46.11M | $44.33M | $53.32M | $55.57M | $77.90M | $48.71M | $63.76M | $64.18M | $63.12M | $1.56B | $67.47M |
| QoQ Change | — | +2.6% | +2.6% | +13.9% | -3.1% | -4.8% | +18.7% | +7.4% | -0.2% | +4.1% | -3.9% | +20.3% | +4.2% | +40.2% | -37.5% | +30.9% | +0.7% | -1.6% | >999% | -95.7% |
| YoY Change | — | — | — | — | +16.3% | +7.9% | +24.8% | +17.7% | +21.2% | +32.4% | +7.3% | +20.2% | +25.5% | +69.0% | +9.9% | +19.6% | +15.5% | -19.0% | >999% | +5.8% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Outpatient Medical | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Senior Housing Operating | — | $0.00 | $0.00 | $0.00 | — | $0.00 | $0.00 | $0.00 |
| Triple Net | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $41.32M | $44.37M | $44.29M | $46.11M | $44.33M | $53.32M | $55.57M | $77.90M |
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.
SG&A at Other Companies
Frequently Asked Questions
- What is Welltower's sg&a?
- Welltower (WELL) reported sg&a of $67.47M in Q1 2026.
- How has Welltower's sg&a changed year-over-year?
- Welltower's sg&a increased by 5.8% year-over-year, from $63.76M to $67.47M.
- What is the long-term trend for Welltower's sg&a?
- Over 4 years (2021 to 2025), Welltower's sg&a has grown at a 92.7% compound annual growth rate (CAGR), from $126.73M to $1.75B.
- What does sg&a mean?
- The overhead costs of running the business, including sales, marketing, and general corporate expenses.