# WELLTOWER INC. (WELL) FY2025 Q2 P&L / Income Statement

- Company: WELLTOWER INC. (WELL)
- Period: 2025-04-01 to 2025-06-30
- Filing: Q2 FY2025 10-Q, filed 2025-07-29, accession number 0000766704-25-000029
- Page: https://plicit.ai/financials/well/fy2025-q2-income-statement
- Chart image: https://plicit.ai/charts/well-fy2025-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-04-01 through 2025-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,548,244,000 US dollars
- **Property operating expenses**: 1,514,711,000 US dollars
- **Gross profit (calculated)**: 1,033,533,000 US dollars
- **Operating expenses (calculated)**: 735,320,000 US dollars
- **Operating profit (calculated)**: 298,213,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) from continuing operations before income taxes and other items**: 298,213,000 US dollars
- **Income tax (expense) benefit**: 1,053,000 US dollars
- **Net income (loss)**: 304,618,000 US dollars
- **Resident fees and services**: 1,971,044,000 US dollars
- **Interest income**: 62,057,000 US dollars
- **Other income**: 32,103,000 US dollars
- **Rental income**: 483,040,000 US dollars
- **Impairment of assets**: 19,876,000 US dollars
- **General and administrative expenses**: 64,175,000 US dollars
- **Depreciation and amortization**: 495,036,000 US dollars
- **Loss (gain) on extinguishment of debt, net**: 0 US dollars
- **Provision for loan losses, net**: negative 1,113,000 US dollars
- **Loss (gain) on derivatives and financial instruments, net**: negative 409,000 US dollars
- **Interest expense**: 141,157,000 US dollars
- **Other expenses**: 16,598,000 US dollars
- **Income (loss) from unconsolidated entities**: negative 7,392,000 US dollars. Reported below-tax contribution to net income.
- **Gain (loss) on real estate dispositions and acquisitions of controlling interests, net**: 14,850,000 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.
- Of which attributable to WELLTOWER INC.: $301.89 M; to noncontrolling interests: $2.73 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/well/fy2025-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/well-fy2025-q2-revenue-by-geography-sankey.png

Income statement for 2025-04-01 through 2025-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,548,244,000 US dollars
- **Property operating expenses**: 1,514,711,000 US dollars
- **Gross profit (calculated)**: 1,033,533,000 US dollars
- **Operating expenses (calculated)**: 735,320,000 US dollars
- **Operating profit (calculated)**: 298,213,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) from continuing operations before income taxes and other items**: 298,213,000 US dollars
- **Income tax (expense) benefit**: 1,053,000 US dollars
- **Net income (loss)**: 304,618,000 US dollars
- **UNITED STATES**: 1,944,405,000 US dollars
- **UNITED KINGDOM**: 416,809,000 US dollars
- **CANADA**: 187,030,000 US dollars
- **Impairment of assets**: 19,876,000 US dollars
- **General and administrative expenses**: 64,175,000 US dollars
- **Depreciation and amortization**: 495,036,000 US dollars
- **Loss (gain) on extinguishment of debt, net**: 0 US dollars
- **Provision for loan losses, net**: negative 1,113,000 US dollars
- **Loss (gain) on derivatives and financial instruments, net**: negative 409,000 US dollars
- **Interest expense**: 141,157,000 US dollars
- **Other expenses**: 16,598,000 US dollars
- **Income (loss) from unconsolidated entities**: negative 7,392,000 US dollars. Reported below-tax contribution to net income.
- **Gain (loss) on real estate dispositions and acquisitions of controlling interests, net**: 14,850,000 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.
- Of which attributable to WELLTOWER INC.: $301.89 M; to noncontrolling interests: $2.73 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/well/fy2025-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/well-fy2025-q2-revenue-by-business-segment-sankey.png

Income statement for 2025-04-01 through 2025-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,548,244,000 US dollars
- **Property operating expenses**: 1,514,711,000 US dollars
- **Gross profit (calculated)**: 1,033,533,000 US dollars
- **Operating expenses (calculated)**: 735,320,000 US dollars
- **Operating profit (calculated)**: 298,213,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) from continuing operations before income taxes and other items**: 298,213,000 US dollars
- **Income tax (expense) benefit**: 1,053,000 US dollars
- **Net income (loss)**: 304,618,000 US dollars
- **Seniors Housing Operating**: 1,975,732,000 US dollars
- **Triple-net**: 273,754,000 US dollars
- **Outpatient Medical**: 211,811,000 US dollars
- **Impairment of assets**: 19,876,000 US dollars
- **General and administrative expenses**: 64,175,000 US dollars
- **Depreciation and amortization**: 495,036,000 US dollars
- **Loss (gain) on extinguishment of debt, net**: 0 US dollars
- **Provision for loan losses, net**: negative 1,113,000 US dollars
- **Loss (gain) on derivatives and financial instruments, net**: negative 409,000 US dollars
- **Interest expense**: 141,157,000 US dollars
- **Other expenses**: 16,598,000 US dollars
- **Revenue before reconciliation (calculated)**: 2,461,297,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Non-segment/Corporate**: 86,947,000 US dollars. Reported reconciliation to consolidated revenue.
- **Income (loss) from unconsolidated entities**: negative 7,392,000 US dollars. Reported below-tax contribution to net income.
- **Gain (loss) on real estate dispositions and acquisitions of controlling interests, net**: 14,850,000 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.: $301.89 M; to noncontrolling interests: $2.73 M.