WELLTOWER INC. (WELL) FY2025 Q1 P&L / Income Statement

WELLTOWER INC. (WELL) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

2,423,087,000 US dollars

Property operating expenses

1,462,390,000 US dollars

Gross profit (calculated)

960,697,000 US dollars

Operating expenses (calculated)

761,990,000 US dollars

Operating profit (calculated)

198,707,000 US dollars

Other income (expense), net (calculated)

0 US dollars

Income (loss) from continuing operations before income taxes and other items

198,707,000 US dollars

Income tax (expense) benefit

negative 5,519,000 US dollars

Net income (loss)

257,266,000 US dollars

Seniors Housing Operating

1,867,871,000 US dollars

Triple-net

255,030,000 US dollars

Outpatient Medical

211,016,000 US dollars

Impairment of assets

52,402,000 US dollars

General and administrative expenses

63,758,000 US dollars

Depreciation and amortization

485,869,000 US dollars

Loss (gain) on extinguishment of debt, net

6,156,000 US dollars

Provision for loan losses, net

negative 2,007,000 US dollars

Loss (gain) on derivatives and financial instruments, net

negative 3,210,000 US dollars

Interest expense

144,962,000 US dollars

Other expenses

14,060,000 US dollars

Revenue before reconciliation (calculated)

2,333,917,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Non-segment/Corporate

89,170,000 US dollars. Reported reconciliation to consolidated revenue.

Income (loss) from unconsolidated entities

1,263,000 US dollars. Reported below-tax contribution to net income.

Gain (loss) on real estate dispositions and acquisitions of controlling interests, net

51,777,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to WELLTOWER INC.: $257.96 M; to noncontrolling interests: −$691.00 K.