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

Welltower (WELL) has reported Cost of Revenue for 9 consecutive years, with $2.2 billion the latest figure, recorded in Q2 2026.

• In Q2 2026, Cost of Revenue rose 41.95% year-over-year to $2.2 billion; the TTM figure through Jun 2026 stood at $7.7 billion (up 37.82% YoY), while the FY2025 annual figure was $6.5 billion, up 34.32% from the prior year.
• Cost of Revenue advanced to $2.2 billion in Q2 2026 per WELL's latest filing, from $2.1 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.2 billion in Q2 2026 and bottomed at $853.7 million in Q1 2022.
• Historically, Cost of Revenue has averaged $1.3 billion across 5 years, with a median of $1.1 billion in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue gained 9.11% — and 2026, when it soared 41.95%.
• Welltower's Cost of Revenue stood at $938.8 million in 2022, then grew by 10.36% to $1.0 billion in 2023, then soared by 36.02% to $1.4 billion in 2024, then surged by 37.23% to $1.9 billion in 2025, then increased by 11.18% to $2.2 billion in 2026.
• Business Quant data shows WELL's Cost of Revenue at $2.2 billion in Q2 2026, $2.1 billion in Q1 2026, and $1.9 billion in Q4 2025.