Welltower (WELL) Cost of Revenue (2018 - 2026)

Welltower (WELL) has 9 years of Cost of Revenue data on file, last reported at $2.1 billion in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 40.55% year-over-year to $2.1 billion in Q1 2026; TTM through Mar 2026 was $7.1 billion, a 36.29% increase from a year earlier, with the FY2025 full-year figure at $6.5 billion, up 34.32% from the prior year.
• Cost of Revenue for Q1 2026 stood at $2.1 billion, up from $1.9 billion in the prior quarter.
• Over the last five years, Cost of Revenue for WELL reached as high as $2.1 billion in Q1 2026 and fell as low as $853.7 million in Q1 2022.
• Historically, Cost of Revenue has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2024.
• Across the five-year window, Cost of Revenue increased 9.11% in 2023 and soared 40.55% in 2026, its largest moves.
• Year by year, Cost of Revenue stood at $938.8 million in 2022, then rose by 10.36% to $1.0 billion in 2023, then surged by 36.02% to $1.4 billion in 2024, then jumped by 37.23% to $1.9 billion in 2025, then advanced by 6.28% to $2.1 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $2.1 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.6 billion in Q3 2025.