Discontinued — last reported Q2 '18
Welltower Membership and other income decreased by 19.0% to $46.66M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 47.7%, from $31.60M to $46.66M. Over 4 years (FY 2021 to FY 2025), Membership and other income shows an upward trend with a 51.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in this area indicates successful diversification of revenue streams and increased value-add services provided to tenants.
Includes auxiliary revenue streams that are not directly tied to core rental or interest income, such as management fees...
Similar to 'other income' or 'ancillary revenue' reported by diversified healthcare REITs.
wmt_membership_and_other_income| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.16M | $8.16M | $8.16M | $21.14M | $21.14M | $21.14M | $21.14M | $8.58M | $83.88M | $35.48M | $31.83M | $29.15M | $32.15M | $44.61M | $31.60M | $34.50M | $32.10M | $57.63M | $46.66M |
| QoQ Change | — | +0.0% | +0.0% | +159.1% | +0.0% | +0.0% | +0.0% | -59.4% | +877.6% | -57.7% | -10.3% | -8.4% | +10.3% | +38.8% | -29.2% | +9.2% | -6.9% | +79.5% | -19.0% |
| YoY Change | — | — | — | — | +159.1% | +159.1% | +159.1% | -59.4% | +296.8% | +67.8% | +50.6% | +239.8% | -61.7% | +25.7% | -0.7% | +18.3% | -0.1% | +29.2% | +47.7% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Seniors Housing Operating | $1.90M | $2.50M | — | $3.34M | $4.69M | $8.75M | — | $9.44M |
| Outpatient Medical | $2.58M | $2.04M | $2.11M | $2.14M | $2.17M | $2.05M | $1.16M | $1.09M |
| Triple-net | $931.00K | $1.12M | $59.00K | $231.00K | $360.00K | $284.00K | $542.00K | $232.00K |
| Total | $32.15M | $44.61M | $31.60M | $34.50M | $32.10M | $57.63M | $46.66M | — |