Welltower (WELL) Net Income (2009 - 2026)
Welltower's Net Income came in at $414.82 million for Q3 2026, up 47.0% from $282.19 million a year earlier but down 10.4% from the prior quarter.
Welltower (WELL) Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Welltower reported Net Income of $1.75 billion, up 80.6% year-over-year; for FY2025, it came in at $961.84 million, down 1.1% from FY2024.
- Net Income carries a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- Going back by year, Net Income was $972.86 million in FY2024 (+171.6%), $358.14 million in FY2023 (+123.0%), $160.57 million in FY2022 (-57.1%) and $374.48 million in FY2021 (-64.0%).
- The five-year range for quarterly Net Income is -$2.65 million (Q3 2022) to $752.32 million (Q1 2026).
- Year-over-year, Net Income has increased for three consecutive quarters, with growth averaging 50.1% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q1 2024 (growth of 359.7%), and the weakest in Q4 2022 (a decline of 97.3%).
- Business Quant data shows WELL's Net Income at $462.98 million (Q2 2026), $752.32 million (Q1 2026) and $117.77 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.70 Bn | 166.77 Bn | 1.47 Bn | 414.82 Mn |
| 2 | Prologis | 122.17 Bn | 120.56 Bn | - | 879.90 Mn |
| 3 | Simon Property | 80.16 Bn | 78.26 Bn | - | 565.29 Mn |
| 4 | Public Storage | 62.28 Bn | 61.73 Bn | 112.08 Mn | 378.35 Mn |
| 5 | Realty Income | 56.35 Bn | 57.74 Bn | - | 432.14 Mn |
| 6 | Ventas | 47.42 Bn | 46.59 Bn | -3.39 Bn | 67.28 Mn |
| 7 | Ryman Hospitality Properties | 47.10 Bn | 45.93 Bn | 266.41 Mn | 39.68 Mn |
| 8 | Vivmark Residential | 37.16 Bn | 36.91 Bn | - | -747.14 Mn |
| 9 | Extra Space Storage | 33.05 Bn | 32.83 Bn | 650.96 Mn | 259.45 Mn |
| 10 | Vici Properties | 27.32 Bn | 26.10 Bn | 1.06 Bn | 346.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 414.82 Mn |
| Jun 30, 2026 | 462.98 Mn |
| Mar 31, 2026 | 752.32 Mn |
| Dec 31, 2025 | 117.77 Mn |
| Sep 30, 2025 | 282.19 Mn |
| Jun 30, 2025 | 304.62 Mn |
| Mar 31, 2025 | 257.27 Mn |
| Dec 31, 2024 | 123.75 Mn |
| Sep 30, 2024 | 456.80 Mn |
| Jun 30, 2024 | 260.67 Mn |
| Mar 31, 2024 | 131.63 Mn |
| Dec 31, 2023 | 88.44 Mn |
| Sep 30, 2023 | 134.72 Mn |
| Jun 30, 2023 | 106.34 Mn |
| Mar 31, 2023 | 28.64 Mn |
| Dec 31, 2022 | 1.80 Mn |
| Sep 30, 2022 | -2.65 Mn |
| Jun 30, 2022 | 95.67 Mn |
| Mar 31, 2022 | 65.75 Mn |
| Dec 31, 2021 | 66.19 Mn |
Welltower Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=WELL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "WELL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=WELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();