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Welltower's Revenue (2016 - 2025)

  • Welltower's annual revenue was $10.67 B in fiscal year 2025. The annual revenue increased $2.81 B from $7.85 B (in 2024) to $10.67 B (in 2025), representing a 35.82% year-over-year growth.

  • Welltower's quarterly revenue was $3.31 B in the quarter ending Mar 2026. The quarterly revenue increased $917.12 M from $2.39 B (in Q1: Dec 2025) to $3.31 B (in Q1: Dec 2026), representing a 38.40% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Welltower was $10.67 B in fiscal year 2025.
  • The lowest annual revenue was $4.25 B in fiscal year 2016.
  • The average revenue was $5.84 B.

    • Learn more about Welltower's Revenue by Segment and Revenue by Region.

    Check out competitors to Welltower in a side-by-side comparison.

    Explore additional financial metrics for Welltower.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Welltower's Revenue Trend

2025

Welltower's annual revenue was $10.67 B in fiscal year 2025.

Welltower's quarterly revenue was $2.39 B(Q1: Mar 2025), $2.52 B(Q2: Jun 2025), $2.63 B(Q3: Sep 2025), $3.13 B(Q4: Dec 2025) in fiscal year 2025.

2024

Welltower's annual revenue was $7.85 B in fiscal year 2024.

Welltower's quarterly revenue was $1.83 B(Q1: Mar 2024), $1.79 B(Q2: Jun 2024), $2.01 B(Q3: Sep 2024), $2.22 B(Q4: Dec 2024) in fiscal year 2024.

2023

Welltower's annual revenue was $6.48 B in fiscal year 2023.

Welltower's quarterly revenue was $1.55 B(Q1: Mar 2023), $1.58 B(Q2: Jun 2023), $1.63 B(Q3: Sep 2023), $1.72 B(Q4: Dec 2023) in fiscal year 2023.

2022

Welltower's annual revenue was $5.78 B in fiscal year 2022.

Welltower's quarterly revenue was $1.39 B(Q1: Mar 2022), $1.41 B(Q2: Jun 2022), $1.47 B(Q3: Sep 2022), $1.51 B(Q4: Dec 2022) in fiscal year 2022.

2021

Welltower's annual revenue was $4.71 B in fiscal year 2021.

Welltower's quarterly revenue was $1.05 B(Q1: Mar 2021), $1.13 B(Q2: Jun 2021), $1.23 B(Q3: Sep 2021), $1.30 B(Q4: Dec 2021) in fiscal year 2021.

2020

Welltower's annual revenue was $4.59 B in fiscal year 2020.

Welltower's quarterly revenue was $1.26 B(Q1: Mar 2020), $1.18 B(Q2: Jun 2020), $1.03 B(Q3: Sep 2020), $1.12 B(Q4: Dec 2020) in fiscal year 2020.

2019

Welltower's annual revenue was $5.10 B in fiscal year 2019.

Welltower's quarterly revenue was $1.26 B(Q1: Mar 2019), $1.32 B(Q2: Jun 2019), $1.26 B(Q3: Sep 2019), $1.26 B(Q4: Dec 2019) in fiscal year 2019.

2018

Welltower's annual revenue was $4.67 B in fiscal year 2018.

Welltower's quarterly revenue was $1.09 B(Q1: Mar 2018), $1.11 B(Q2: Jun 2018), $1.23 B(Q3: Sep 2018), $1.23 B(Q4: Dec 2018) in fiscal year 2018.

2017

Welltower's annual revenue was $4.30 B in fiscal year 2017.

Welltower's quarterly revenue was $1.06 B(Q1: Mar 2017), $1.05 B(Q2: Jun 2017), $1.09 B(Q3: Sep 2017), $1.10 B(Q4: Dec 2017) in fiscal year 2017.

2016

Welltower's annual revenue was $4.25 B in fiscal year 2016.

Welltower's quarterly revenue was $1.04 B(Q1: Mar 2016), $1.06 B(Q2: Jun 2016), $1.08 B(Q3: Sep 2016), $1.07 B(Q4: Dec 2016) in fiscal year 2016.

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Welltower's Revenue (Year-over-Year Change)

2015 0
2016 +10.68
2017 +1.12
2018 +8.65
2019 +9.19
2020 -10.08
2021 +2.68
2022 +22.65
2023 +12.16
2024 +21.23
2025 +35.82

2025

Welltower’s annual revenue increased +35.82% during fiscal year 2025 compared to 2024. It represents a growth of $2.81 B from $7.85 B (in 2024) to $10.67 B (in 2025).

2024

Welltower’s annual revenue increased +21.23% during fiscal year 2024 compared to 2023. It represents a growth of $1.38 B from $6.48 B (in 2023) to $7.85 B (in 2024).

2023

Welltower’s annual revenue increased +12.16% during fiscal year 2023 compared to 2022. It represents a growth of $702.16 M from $5.78 B (in 2022) to $6.48 B (in 2023).

2022

Welltower’s annual revenue increased +22.65% during fiscal year 2022 compared to 2021. It represents a growth of $1.07 B from $4.71 B (in 2021) to $5.78 B (in 2022).

2021

Welltower’s annual revenue increased +2.68% during fiscal year 2021 compared to 2020. It represents a growth of $122.94 M from $4.59 B (in 2020) to $4.71 B (in 2021).

2020

Welltower’s annual revenue decreased -10.08% during fiscal year 2020 compared to 2019. It represents a decline of $513.87 M from $5.10 B (in 2019) to $4.59 B (in 2020).

2019

Welltower’s annual revenue increased +9.19% during fiscal year 2019 compared to 2018. It represents a growth of $429.32 M from $4.67 B (in 2018) to $5.10 B (in 2019).

2018

Welltower’s annual revenue increased +8.65% during fiscal year 2018 compared to 2017. It represents a growth of $371.98 M from $4.30 B (in 2017) to $4.67 B (in 2018).

2017

Welltower’s annual revenue increased +1.12% during fiscal year 2017 compared to 2016. It represents a growth of $47.60 M from $4.25 B (in 2016) to $4.30 B (in 2017).

2016

Welltower’s annual revenue increased +10.68% during fiscal year 2016 compared to 2015. It represents a growth of $410.39 M from $3.84 B (in 2015) to $4.25 B (in 2016).

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Welltower Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$10.67 B $2.81 B 35.82%
Q4: Dec 25 $3.13 B $915.11 M 41.24%
Q3: Sep 25 $2.63 B $617.01 M 30.68%
Q2: Jun 25 $2.52 B $723.40 M 40.35%
Q1: Mar 25 $2.39 B $558.00 M 30.48%
FY 2024
$7.85 B $1.38 B 21.23%
Q4: Dec 24 $2.22 B $501.29 M 29.18%
Q3: Sep 24 $2.01 B $384.52 M 23.64%
Q2: Jun 24 $1.79 B $211.14 M 13.35%
Q1: Mar 24 $1.83 B $278.44 M 17.94%
FY 2023
$6.48 B $702.16 M 12.16%
Q4: Dec 23 $1.72 B $208.63 M 13.82%
Q3: Sep 23 $1.63 B $158.06 M 10.76%
Q2: Jun 23 $1.58 B $173.05 M 12.29%
Q1: Mar 23 $1.55 B $162.43 M 11.69%
FY 2022
$5.78 B $1.07 B 22.65%
Q4: Dec 22 $1.51 B $213.25 M 16.45%
Q3: Sep 22 $1.47 B $235.02 M 19.05%
Q2: Jun 22 $1.41 B $274.49 M 24.2%
Q1: Mar 22 $1.39 B $343.83 M 32.87%
FY 2021
$4.71 B $122.94 M 2.68%
Q4: Dec 21 $1.30 B $179.39 M 16.06%
Q3: Sep 21 $1.23 B $200.71 M 19.43%
Q2: Jun 21 $1.13 B -$47.87 M 4.05%
Q1: Mar 21 $1.05 B -$209.29 M 16.67%
FY 2020
$4.59 B -$513.87 M 10.08%
Q4: Dec 20 $1.12 B -$140.31 M 11.16%
Q3: Sep 20 $1.03 B -$229.15 M 18.16%
Q2: Jun 20 $1.18 B -$135.09 M 10.26%
Q1: Mar 20 $1.26 B -$9.32 M 0.74%
FY 2019
$5.10 B $429.32 M 9.19%
Q4: Dec 19 $1.26 B $22.94 M 1.86%
Q3: Sep 19 $1.26 B $29.23 M 2.37%
Q2: Jun 19 $1.32 B $206.62 M 18.61%
Q1: Mar 19 $1.26 B $170.54 M 15.59%
FY 2018
$4.67 B $371.98 M 8.65%
Q4: Dec 18 $1.23 B $132.16 M 11.99%
Q3: Sep 18 $1.23 B $147.23 M 13.56%
Q2: Jun 18 $1.11 B $56.87 M 5.4%
Q1: Mar 18 $1.09 B $35.73 M 3.38%
FY 2017
$4.30 B $47.60 M 1.12%
Q4: Dec 17 $1.10 B $31.49 M 2.94%
Q3: Sep 17 $1.09 B $9.20 M 0.85%
Q2: Jun 17 $1.05 B -$8.32 M 0.78%
Q1: Mar 17 $1.06 B $15.23 M 1.46%
FY 2016
$4.25 B $410.39 M 10.68%
Q4: Dec 16 $1.07 B $48.06 M 4.7%
Q3: Sep 16 $1.08 B $99.32 M 10.17%
Q2: Jun 16 $1.06 B $109.10 M 11.45%
Q1: Mar 16 $1.04 B $153.91 M 17.31%

Frequently Asked Questions

What is the annual revenue of Welltower?

In fiscal year 2025, Welltower's revenue was $10.67 Billion.

How much did Welltower's revenue change in the last year?

Welltower's revenue increased by +35.82% (+$2.81 Billion) in 2025 compared to 2024.

What is Welltower's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Welltower reported a revenue of $3.31 Billion.

What is Welltower's revenue per share (TTM)?

Welltower's revenue per share over the trailing twelve months is $16.55.

What is Welltower's revenue per employee?

In the fiscal year 2025, Welltower's revenue per employee was $14.98 Million.

What is the annual net income of Welltower?

In fiscal year 2025, Welltower's net income was $936.85 Million.

What is Welltower's biggest product segment, and what is its revenue?

Senior Housing - Operating is Welltower's biggest product segment, generating $8.49 Billion in revenue for fiscal year 2025.

What is Welltower's net income per employee?

In the fiscal year 2025, Welltower's net income per employee was $1.32 Million.

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