Welltower Inc. (WELL) Financials
Key financial figures for Welltower Inc. (Q3 2026).
Welltower reported Q3 2026 normalized FFO of $1.67 per diluted share, up 24.6% year over year, and raised full-year 2026 normalized FFO guidance to $6.47-$6.53. Normalized FFO was $1.67 per diluted share versus $1.34 a year earlier (+24.6%); NAREIT FFO was $1.42 versus $1.20. Net income attributable to common stockholders was $0.54 per diluted share versus $0.41. Total revenues were $3.716 billion versus $2.686 billion a year earlier; net income was $415 million. Total portfolio same-store NOI grew 15.8% year over year, led by 21.0% in Seniors Housing Operating, which combined 320 bps of average occupancy growth with 5.3% RevPOR growth for 9.1% organic same-store revenue growth. On the outlook: 2026 outlook raised: normalized FFO attributable to common stockholders of $6.47 to $6.53 per diluted share (previously $6.36 to $6.44); net income attributable to common stockholders of $3.31 to $3.37 per diluted share (previously $3.11 to $3.19); blended same-store NOI growth of 15.0% to 16.25% (Seniors Housing Operating approximately 20.25% to 21.75%); G&A of approximately $267 million to $272 million; pro rata disposition proceeds of $1.9 billion over the next twelve months at a blended 6.5% yield. Figures are for Q3 2026, as Welltower Inc. reported them.
- Revenue
- $3.7B
- Net Income
- $397M
- EPS
- $0.55
- Total Assets
- $73.7B
- Operating Cash Flow
- $1.0B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $3.7B | $397M | $0.54 | $449M | |
| Q2 FY2026 | $3.5B | $240M | $0.33 | $881M | |
| Q1 FY2026 | $3.3B | $729M | $1.02 | $282M | |
| Q4 FY2025 | $3.1B | $96M | $0.14 | $647M | |
| Q3 FY2025 | $2.6B | $281M | $0.41 | $852M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $10.7B | $937M | $1.39 | $2.8B | |
| FY2024 | $7.9B | $952M | $1.57 | $2.2B | |
| FY2023 | $6.5B | $340M | $0.66 | $1.6B |
Frequently asked questions
What was Welltower Inc.'s revenue last quarter?
Welltower Inc. reported revenue of $3.72 billion for Q3 FY2026, up 41.4% from the same period a year earlier.
Is Welltower Inc. profitable?
Yes. Welltower Inc. reported net income of $396.6 million for Q3 FY2026, a net margin of 10.67% on revenue.
How much free cash flow did Welltower Inc. generate?
Welltower Inc. generated free cash flow of $448.9 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Welltower Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.