Income Statement - WELLTOWER INC. (WELL)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 10,667.14 | 7,853.62 | 6,478.23 | 5,776.07 | 4,709.48 | 4,586.54 | 5,100.41 | 4,671.09 | 4,299.11 | 4,251.51 | 3,841.12 | 3,335.67 | 2,876.54 | 1,799.77 | 1,301.89 | 571.33 | 523.29 | 526.41 | 429.49 | 288.24 |
| Cost of revenue | 6,488.08 | 4,830.21 | 3,947.78 | 3,558.77 | 2,774.56 | 2,597.82 | 2,690.04 | 2,433.02 | 2,083.93 | 1,876.98 | 1,622.26 | 1,403.36 | 1,206.81 | 567.99 | 375.06 | 77.79 | 42.50 | 42.63 | 33.41 | 1.04 |
| Gross profit | 4,179.06 | 3,023.41 | 2,530.46 | 2,217.30 | 1,934.92 | 1,988.72 | 2,410.36 | 2,238.07 | 2,215.18 | 2,374.53 | 2,218.86 | 1,932.31 | 1,669.73 | 1,231.78 | 926.82 | 493.54 | 480.79 | 483.77 | 396.08 | 287.20 |
| Total operating expenses | 3,823.89 | 1,877.71 | 1,590.00 | 1,471.08 | 1,171.56 | 1,261.27 | 1,172.31 | 1,076.84 | 1,106.69 | 1,066.70 | 973.66 | 987.07 | 976.23 | 630.57 | 465.69 | 249.48 | 213.64 | 191.65 | 161.70 | 108.75 |
| Operating income | 355.17 | 1,145.70 | 940.45 | 746.22 | 763.36 | 727.45 | 1,238.05 | 1,161.23 | 1,108.49 | 1,307.83 | 1,245.21 | 945.24 | 693.50 | 601.22 | 461.13 | 244.06 | 267.14 | 292.12 | 234.38 | 178.45 |
| Non-operating income (net) | 599.55 | -170.14 | -575.95 | -578.41 | -380.16 | 321.37 | 95.32 | -322.81 | -892.00 | -608.93 | -630.59 | -588.45 | -599.44 | -412.82 | -343.16 | -200.89 | -121.96 | -151.45 | -130.19 | -88.38 |
| Income before tax | 954.72 | 975.56 | 364.50 | 167.82 | 383.19 | 1,048.82 | 1,333.37 | 838.42 | 216.49 | 698.90 | 614.61 | 356.79 | 94.06 | 188.39 | 117.98 | 43.17 | 145.18 | 140.67 | 104.19 | 90.07 |
| Income tax expense | -7.12 | 2.70 | 6.36 | 7.25 | 8.71 | 9.97 | 2.96 | 8.67 | 20.13 | -19.13 | 6.45 | -1.27 | 7.49 | 7.61 | 1.39 | 0.36 | 0.17 | 1.31 | 0.19 | 0.08 |
| Net income | 936.85 | 951.68 | 340.09 | 141.21 | 336.14 | 978.84 | 1,232.43 | 804.95 | 522.77 | 1,077.80 | 883.75 | 512.15 | 145.05 | 297.26 | 217.61 | 128.53 | 193.27 | 283.30 | 138.36 | 102.75 |
Show Quarterly Income Statement
Income Statement - WELLTOWER INC. (WELL)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,305.70 | 3,134.35 | 2,628.06 | 2,516.14 | 2,388.59 | 2,219.24 | 2,011.06 | 1,792.74 | 1,830.59 | 1,717.95 | 1,626.54 | 1,581.60 | 1,552.15 | 1,509.32 | 1,468.48 | 1,408.55 | 1,389.72 | 1,296.07 | 1,233.47 | 1,134.06 | 1,045.89 | 1,116.68 | 1,032.75 | 1,181.93 | 1,255.17 | 1,256.99 | 1,261.91 | 1,317.03 | 1,264.49 | 1,234.05 | 1,232.68 | 1,110.41 | 1,093.95 | 1,101.89 | 1,085.45 | 1,053.54 | 1,058.23 | 1,070.41 | 1,076.25 | 1,061.86 | 1,043.00 | 1,022.35 | 976.93 | 952.76 | 889.09 | 864.03 | 845.90 | 824.42 | 801.31 | 778.11 | 782.27 | 677.51 | 629.02 | 463.27 | 460.49 | 437.24 | 416.31 | 402.35 | 370.73 | 369.60 | 245.76 | 193.15 | 168.94 | 153.75 | 145.38 | 140.62 | 140.14 | 139.04 | 138.85 | 140.69 | 139.35 | 129.19 | 126.63 | 131.51 | 118.75 | 112.74 | 110.24 | 86.60 | 78.78 | 77.90 | 76.01 |
| Cost of revenue | 2,055.42 | 1,933.93 | 1,577.05 | 1,514.71 | 1,462.39 | 1,409.30 | 1,212.70 | 1,111.30 | 1,096.91 | 1,036.08 | 995.27 | 958.67 | 957.75 | 938.84 | 912.18 | 854.08 | 853.67 | 785.18 | 729.40 | 642.66 | 617.33 | 620.56 | 634.72 | 660.76 | 681.78 | 662.52 | 655.59 | 701.13 | 670.81 | 650.64 | 657.16 | 568.75 | 556.47 | 547.90 | 524.00 | 501.86 | 510.17 | 494.84 | 473.68 | 458.83 | 449.64 | 438.74 | 408.70 | 398.35 | 376.46 | 363.02 | 355.16 | 343.75 | 341.43 | 331.85 | 341.92 | 277.96 | 252.82 | 160.51 | 144.42 | 135.84 | 128.80 | 111.50 | 103.13 | 99.81 | 63.56 | 37.26 | 20.33 | 11.97 | 12.51 | 10.52 | 12.15 | 11.24 | 11.05 | 9.66 | 11.19 | 10.70 | 10.71 | -342.54 | 10.33 | 8.66 | 0.98 | -237.07 | 0.11 | 0.93 | 1.55 |
| Gross profit | 1,250.28 | 1,200.42 | 1,051.01 | 1,001.43 | 926.20 | 809.94 | 798.36 | 681.44 | 733.68 | 681.87 | 631.26 | 622.93 | 594.40 | 570.48 | 556.30 | 554.47 | 536.05 | 510.89 | 504.07 | 491.41 | 428.56 | 496.12 | 398.04 | 521.17 | 573.39 | 594.47 | 606.32 | 615.90 | 593.68 | 583.41 | 575.52 | 541.66 | 537.49 | 553.99 | 561.45 | 551.69 | 548.06 | 575.57 | 602.57 | 603.02 | 593.36 | 583.61 | 568.22 | 554.40 | 512.63 | 501.02 | 490.75 | 480.67 | 459.88 | 446.26 | 440.35 | 399.55 | 376.20 | 302.76 | 316.08 | 301.40 | 287.51 | 290.86 | 267.60 | 269.79 | 182.19 | 155.88 | 148.62 | 141.78 | 132.86 | 130.10 | 127.99 | 127.80 | 127.80 | 131.03 | 128.16 | 118.49 | 115.92 | 131.51 | 108.41 | 104.09 | 110.24 | 86.60 | 78.78 | 77.90 | 76.01 |
| Total operating expenses | 691.86 | 2,144.15 | 574.02 | 558.10 | 547.62 | 528.87 | 485.87 | 442.77 | 420.20 | 427.57 | 389.48 | 388.69 | 384.26 | 394.07 | 389.00 | 347.01 | 340.99 | 317.57 | 299.74 | 278.52 | 275.74 | 353.67 | 289.39 | 300.86 | 317.35 | 289.15 | 303.46 | 281.79 | 297.90 | 273.94 | 271.90 | 269.11 | 261.91 | 329.79 | 260.05 | 257.48 | 259.38 | 270.94 | 254.89 | 266.48 | 274.39 | 259.66 | 242.75 | 247.28 | 223.97 | 223.01 | 231.77 | 266.11 | 266.18 | 267.73 | 269.75 | 221.96 | 211.87 | 148.87 | 178.53 | 153.47 | 148.66 | 211.46 | 131.45 | 126.99 | 88.71 | 46.56 | 89.51 | 55.92 | 57.47 | 70.95 | 49.55 | 49.18 | 55.70 | 47.18 | 49.80 | 46.01 | 48.67 | 60.00 | 47.66 | 44.47 | 50.90 | 34.78 | 28.99 | 28.54 | 28.76 |
| Operating income | 558.42 | -943.73 | 476.99 | 443.33 | 378.58 | 281.07 | 312.48 | 238.67 | 313.48 | 254.30 | 241.78 | 234.24 | 210.14 | 176.41 | 167.30 | 207.45 | 195.06 | 193.32 | 204.33 | 212.89 | 152.83 | 142.45 | 108.64 | 220.32 | 256.04 | 305.31 | 302.85 | 334.11 | 295.78 | 309.47 | 303.63 | 272.55 | 275.58 | 224.20 | 301.40 | 294.21 | 288.68 | 304.63 | 347.68 | 336.54 | 318.98 | 323.95 | 325.47 | 307.13 | 288.66 | 278.01 | 258.97 | 214.56 | 193.70 | 178.53 | 170.60 | 177.59 | 164.33 | 153.89 | 137.55 | 147.93 | 138.85 | 79.40 | 136.15 | 142.81 | 93.49 | 109.33 | 59.11 | 85.86 | 75.39 | 59.16 | 78.44 | 78.62 | 72.10 | 83.86 | 78.36 | 72.48 | 67.25 | 71.50 | 60.76 | 59.62 | 59.34 | 51.81 | 49.79 | 49.36 | 47.25 |
| Non-operating income (net) | 205.53 | 1,056.51 | -192.47 | -137.66 | -126.83 | -157.20 | 139.61 | 23.10 | -175.66 | -170.63 | -102.48 | -122.23 | -178.46 | -178.70 | -166.70 | -108.72 | -124.30 | -125.07 | -9.05 | -169.35 | -76.69 | 13.12 | 288.34 | -58.87 | 78.78 | -82.07 | 349.05 | -182.47 | -168.66 | -225.18 | -242.38 | -112.19 | -158.62 | -344.66 | -213.05 | -141.37 | -192.92 | -170.27 | -155.60 | -127.83 | -155.23 | -203.24 | -131.61 | -159.36 | -136.39 | -177.27 | -146.01 | -138.48 | -126.70 | -144.70 | -139.30 | -139.32 | -173.86 | -98.92 | -100.20 | -114.95 | -91.73 | -29.12 | -89.53 | -94.25 | -91.42 | -90.89 | -71.37 | -41.44 | -53.41 | -24.13 | -53.97 | -26.11 | -25.00 | -55.90 | -34.47 | -33.34 | -33.78 | 0.00 | -33.22 | -31.69 | -31.33 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 763.96 | 112.78 | 284.52 | 305.67 | 251.75 | 123.87 | 452.09 | 261.77 | 137.83 | 83.67 | 139.31 | 112.01 | 31.68 | -2.29 | 0.60 | 98.74 | 70.76 | 68.25 | 195.28 | 43.54 | 76.14 | 155.57 | 396.98 | 161.45 | 334.82 | 223.24 | 651.90 | 151.64 | 127.12 | 84.29 | 61.24 | 160.36 | 116.96 | -120.46 | 88.35 | 152.84 | 95.76 | 134.36 | 192.09 | 208.71 | 163.75 | 120.71 | 193.87 | 147.77 | 152.27 | 100.74 | 112.97 | 76.08 | 67.00 | 33.83 | 31.30 | 38.27 | -9.52 | 54.97 | 37.34 | 32.98 | 47.12 | 50.28 | 46.63 | 48.56 | 2.06 | 18.44 | -12.26 | 44.43 | 21.98 | 35.03 | 24.47 | 52.52 | 47.10 | 27.96 | 43.89 | 39.14 | 33.47 | 71.50 | 27.53 | 27.92 | 28.01 | 51.81 | 49.79 | 49.36 | 47.25 |
| Income tax expense | 11.63 | -4.99 | 2.34 | 1.05 | -5.52 | 0.11 | -4.71 | 1.10 | 6.19 | -4.77 | 4.58 | 3.50 | 3.05 | -4.09 | 3.26 | 3.07 | 5.01 | 2.05 | 4.94 | -2.22 | 3.94 | 0.29 | 2.00 | 2.23 | 5.44 | -4.83 | 3.97 | 1.60 | 2.22 | 1.50 | 1.74 | 3.84 | 1.59 | 25.66 | 0.67 | -8.45 | 2.25 | -16.59 | -0.31 | -0.51 | -1.73 | 2.68 | -3.34 | 7.42 | -0.30 | 5.10 | -10.20 | 1.57 | 2.26 | 0.44 | 3.08 | 1.22 | 2.76 | 3.86 | 0.84 | 1.45 | 1.47 | 0.83 | 0.22 | 0.21 | 0.13 | 0.04 | 0.05 | 0.19 | 0.08 | 0.15 | -0.06 | 0.02 | 0.05 | 0.14 | -0.15 | 0.04 | 1.28 | 33.86 | -0.02 | -0.07 | 0.01 | 24.23 | 23.29 | 22.33 | 23.52 |
| Net income | 728.67 | 96.44 | 280.56 | 301.89 | 257.96 | 119.97 | 449.85 | 254.71 | 127.15 | 83.91 | 127.47 | 103.04 | 25.67 | -3.73 | -6.77 | 89.78 | 61.93 | 58.67 | 179.66 | 26.26 | 71.55 | 163.73 | 325.59 | 179.25 | 310.28 | 224.32 | 589.88 | 137.76 | 280.47 | 113.44 | 76.06 | 166.11 | 449.35 | -99.85 | 85.72 | 200.11 | 336.79 | 349.40 | 351.26 | 211.83 | 165.32 | 149.28 | 198.40 | 328.93 | 207.15 | 204.99 | 152.61 | 88.18 | 66.38 | 28.00 | 37.29 | 8.09 | 71.66 | 107.18 | 53.87 | 77.70 | 58.51 | 44.52 | 53.84 | 87.20 | 32.05 | 39.61 | 0.78 | 51.13 | 31.32 | 37.22 | 24.65 | 64.76 | 66.64 | 28.59 | 59.32 | 161.19 | 35.40 | 48.95 | 30.85 | 31.94 | 29.67 | 22.96 | 26.81 | 28.00 | 24.98 |