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Welltower WELL Net Income

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Other financials

Income statement

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Revenue$3.4B+38.3%
Gross profit$1.3B+35.0%
EPS (diluted)$0.61+35.6%

Balance sheet

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Cash & equivalents$4.7B+34.3%
Total debt$2.1B+59.5%
Total equity$43.8B+29.0%
Total assets$67.2B+26.1%

Cash flow

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Operating cash flow$670.0M+11.9%
CapEx$269.8M+12.3%
Free cash flow$400.2M+11.6%

Valuation

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Market cap$174.06B+55.1%
Enterprise value$171.41B+57.1%

Profitability

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Gross margin39.8%+0.6pp
Net margin12.4%-0.5pp
FCF margin15.9%-1.4pp

Returns & leverage

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Return on equity3.7%+0.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Welltower in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Welltower’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000766704-26-000021
Line itemThree Months Ended / March 31, 20262025
Income (loss) from unconsolidated entities(1,686)1,263
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net420,40051,777
Income (loss) from continuing operations752,324257,266
Net income (loss)752,324257,266
Less: Net income (loss) attributable to noncontrolling interests(1)23,652(691)
Net income (loss) attributable to common stockholders$728,672$257,957
Weighted average number of common shares outstanding:
Basic699,837643,393

Item 6. Exhibits [57](#i81e7e820fa1641d1a1c73823580d520d_271)

FAQ

What is Welltower's net income?
Welltower (WELL) reported net income of $752.32M in Q1 2026.
How has Welltower's net income changed year-over-year?
Welltower's net income increased by 192.4% year-over-year, from $257.27M to $752.32M.
What is the long-term trend for Welltower's net income?
Over 4 years (2021 to 2025), Welltower's net income has grown at a 26.6% compound annual growth rate (CAGR), from $374.48M to $961.84M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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