Business Segments · Resident fees and services

Triple-net — Resident fees and services

Welltower Triple-net — Resident fees and services increased by 2.7% to $392.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.8%, from $255.03M to $392.11M. Over 4 years (FY 2021 to FY 2025), Triple-net — Resident fees and services shows an upward trend with a 7.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026Apr 29, 2026
Rolls up toTotal Revenue

How to read this metric

Growth indicates increased service utilization or higher demand for the care provided at these facilities.

Detailed definition

Revenue generated from services provided to residents within the triple-net portfolio, distinct from base rental income....

Peer comparison

Commonly reported as 'resident fee revenue' in senior housing and healthcare REITs.

Metric ID: well_segment_triple_net_resident_fees_and_services

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$238.94M$239.99M$243.18M$235.16M$234.36M$228.82M$92.37M$238.07M$302.13M$236.32M$110.59M$222.94M$142.08M$228.65M$195.10M$255.03M$273.75M$286.64M$381.62M$392.11M
QoQ Change+0.4%+1.3%-3.3%-0.3%-2.4%-59.6%+157.7%+26.9%-21.8%-53.2%+101.6%-36.3%+60.9%-14.7%+30.7%+7.3%+4.7%+33.1%+2.7%
YoY Change-1.9%-4.7%-62.0%+1.2%+28.9%+3.3%+19.7%-6.4%-53.0%-3.2%+76.4%+14.4%+92.7%+25.4%+95.6%+53.8%
Range$92.37M$392.11M
CAGR+11.0%
Avg YoY Growth+17.5%
Median YoY Growth+8.8%
Current Streak5 quarters growth

Frequently Asked Questions

What is Welltower's triple-net — resident fees and services?
Welltower (WELL) reported triple-net — resident fees and services of $392.11M in Q1 2026.
How has Welltower's triple-net — resident fees and services changed year-over-year?
Welltower's triple-net — resident fees and services increased by 53.8% year-over-year, from $255.03M to $392.11M.
What is the long-term trend for Welltower's triple-net — resident fees and services?
Over 4 years (2021 to 2025), Welltower's triple-net — resident fees and services has grown at a 7.7% compound annual growth rate (CAGR), from $890.58M to $1.20B.
What does triple-net — resident fees and services mean?
Income earned from providing services to residents in the triple-net properties.