Growth Metrics

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

Welltower has reported Cost of Revenue over the past 9 years, most recently at $2.1 billion for Q1 2026.

  • Quarterly Cost of Revenue rose 40.55% to $2.1 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $7.1 billion through Mar 2026, up 36.29% year-over-year, with the annual reading at $6.5 billion for FY2025, 34.32% up from the prior year.
  • Cost of Revenue was $2.1 billion for Q1 2026 at Welltower, up from $1.9 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $2.1 billion in Q1 2026 and troughed at $853.7 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $1.1 billion (2024), against an average of $1.2 billion.
  • Year-over-year, Cost of Revenue grew 9.11% in 2023 and then surged 40.55% in 2026.
  • A 5-year view of Cost of Revenue shows it 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 skyrocketed by 37.23% to $1.9 billion in 2025, then increased by 6.28% to $2.1 billion in 2026.
  • Per Business Quant, the three most recent readings for WELL's Cost of Revenue are $2.1 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.6 billion (Q3 2025).