Welltower (WELL) Gross Margin (2018 - 2026)

Welltower (WELL) has reported Gross Margin for 9 consecutive years, with 39.34% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin fell 122.0% year-over-year to 39.34% in Q2 2026; TTM through Jun 2026 was 39.54%, a 11.0% decrease from a year earlier, with the FY2025 full-year figure at 40.14%, up 58.0% from the prior year.
• Gross Margin was 39.34% for Q2 2026 at Welltower, up from 38.68% in the prior quarter.
• Over five years, Gross Margin peaked at 42.44% in Q2 2023 and troughed at 37.39% in Q4 2024.
• A 5-year average of 39.8% and a median of 39.49% in 2026 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin surged 261 bps in 2023 and slumped 340 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 38.17% in 2022, then gained by 7 bps to 40.79% in 2023, then decreased by 8 bps to 37.39% in 2024, then advanced by 5 bps to 39.2% in 2025, then rose by 0 bps to 39.34% in 2026.
• The last three Gross Margin figures came in at 39.34% (Q2 2026), 38.68% (Q1 2026), and 39.2% (Q4 2025), per Business Quant data.