Welltower Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Welltower Inc. reported net income of $961.84M on revenue of $10.84B. Operating cash flow was $2.88B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.28B | $4.32B | $4.70B | $5.12B | $4.61B | $4.74B | $5.86B | $6.64B | $7.99B | $10.84B |
| Net income | $1.08B | $540.61M | $829.75M | $1.33B | $1.04B | $374.48M | $160.57M | $358.14M | $972.86M | $961.84M |
| Diluted EPS | $2.81 | $1.26 | $2.02 | $3.05 | $2.33 | $0.78 | $0.30 | $0.66 | $1.57 | $1.39 |
| Operating cash flow | $1.64B | $1.43B | $1.58B | $1.54B | $1.36B | $1.28B | $1.33B | $1.60B | $2.26B | $2.88B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | — | 8.9% |
| Dec 2024 | — | — | 12.2% |
| Dec 2023 | — | — | 5.4% |
| Dec 2022 | — | — | 2.7% |
| Dec 2021 | — | — | 7.9% |
Source: SEC EDGAR XBRL company facts for CIK 766704 (raw data). Most recent filing in this dataset: 10-Q filed Oct 27, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.