Wheeler Real Estate Investment Trust (WHLR) Operating Income (2011 - 2026)
Wheeler Real Estate Investment Trust's Operating Income came in at $10.51 million for Q2 2026, down 29.7% from $14.95 million a year earlier but up 3.2% from the prior quarter.
Wheeler Real Estate Investment Trust (WHLR) Operating Income (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Wheeler Real Estate Investment Trust reported Operating Income of $36.82 million, down 19.3% year-over-year; for FY2025, it was $43.22 million, up 15.2% from FY2024.
- Operating Income has increased in each of the last eight years, with a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- Going back by year, Operating Income was $37.53 million in FY2024 (+27.6%), $29.41 million in FY2023 (+19.6%), $24.6 million in FY2022 (+26.1%) and $19.51 million in FY2021 (+5.9%).
- The five-year range for quarterly Operating Income is $4.39 million (Q4 2021) to $14.95 million (Q2 2025).
- Year-over-year, Operating Income increased in four of the last eight quarters, with growth averaging 16.2%.
- The fastest year-over-year change in Operating Income over five years came in Q4 2025 (growth of 129.3%), and the weakest in Q3 2025 (a decline of 60.5%).
- Business Quant data shows WHLR's Operating Income at $10.19 million (Q1 2026), $10.63 million (Q4 2025) and $5.49 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 1.25 Bn |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 890.67 Mn |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 466.68 Mn |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Wheeler Real Estate Investment Trust | 232,901.53 | 27.21 Mn | - | 10.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.51 Mn |
| Mar 31, 2026 | 10.19 Mn |
| Dec 31, 2025 | 10.63 Mn |
| Sep 30, 2025 | 5.49 Mn |
| Jun 30, 2025 | 14.95 Mn |
| Mar 31, 2025 | 12.14 Mn |
| Dec 31, 2024 | 4.64 Mn |
| Sep 30, 2024 | 13.89 Mn |
| Jun 30, 2024 | 11.52 Mn |
| Mar 31, 2024 | 7.48 Mn |
| Dec 31, 2023 | 7.17 Mn |
| Sep 30, 2023 | 9.29 Mn |
| Jun 30, 2023 | 6.38 Mn |
| Mar 31, 2023 | 6.57 Mn |
| Dec 31, 2022 | 9.97 Mn |
| Sep 30, 2022 | 4.58 Mn |
| Jun 30, 2022 | 5.35 Mn |
| Mar 31, 2022 | 4.69 Mn |
| Dec 31, 2021 | 4.39 Mn |
| Sep 30, 2021 | 7.01 Mn |
Wheeler Real Estate Investment Trust Operating 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=operating-income&ticker=WHLR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "WHLR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=WHLR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();