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Welltower WELL Outpatient Medical — Resident fees and services

Other segment segments

Seniors Housing Operating
$2.79B+49.4%
Triple-net
$392.11M+53.8%

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DOCOutpatient medical — Operating Expenses
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DOCOutpatient medical — Total revenues
$318.22M+1.2%
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AHROutpatient Medical — Operating Lease Lease Income
$30.84M-7.1%
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AHROutpatient Medical — Revenue
$30.84M-7.1%
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AHRResident Feesand Services — Revenue
$609.77M+22.6%
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AHROutpatient Medical — Utilities Food Repairs And Maintenance And Other Operating Expenses
$0

Other financials

Income statement

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Revenue$3.4B+38.3%
Gross profit$1.3B+35.0%
Net income$752.3M+192%
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$177.94B+71.9%
Enterprise value$175.29B+74.5%

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:Revenues.

The official record: Welltower’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Welltower's outpatient medical — resident fees and services?
Welltower (WELL) reported outpatient medical — resident fees and services of $71.13M in Q1 2026.
How has Welltower's outpatient medical — resident fees and services changed year-over-year?
Welltower's outpatient medical — resident fees and services decreased by 66.3% year-over-year, from $211.02M to $71.13M.
What is the long-term trend for Welltower's outpatient medical — resident fees and services?
Over 4 years (2021 to 2025), Welltower's outpatient medical — resident fees and services has grown at a 5.3% compound annual growth rate (CAGR), from $635.29M to $781.93M.
What does outpatient medical — resident fees and services mean?
Revenue generated from fees charged to residents or patients for specialized services provided within outpatient medical facilities. This reflects the ancillary income streams beyond base rent derived from the operational services offered at these locations.