Income Before Tax

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

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.

Detailed definition

A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...

Peer comparison

Used to compare companies across different tax jurisdictions to see who generates more raw profit.

Metric ID: income_before_tax

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '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%
Range$6.24M$345.24M
CAGR+139.0%
Avg YoY Growth+292.6%
Median YoY Growth+59.4%

Business Segments

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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.

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?
The total profit a company made before paying its income taxes.