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

- Company: WELLTOWER INC. (WELL)
- Period: 2025-01-01 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/well-fy2025-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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

- **Total revenues**: 4,971,331,000 US dollars
- **Property operating expenses**: 2,977,101,000 US dollars
- **Gross profit (calculated)**: 1,994,230,000 US dollars
- **Operating expenses (calculated)**: 1,497,310,000 US dollars
- **Operating profit (calculated)**: 496,920,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) from continuing operations before income taxes and other items**: 496,920,000 US dollars
- **Income tax (expense) benefit**: negative 4,466,000 US dollars
- **Net income (loss)**: 561,884,000 US dollars
- **Resident fees and services**: 3,835,574,000 US dollars
- **Interest income**: 124,547,000 US dollars
- **Other income**: 66,603,000 US dollars
- **Rental income**: 944,607,000 US dollars
- **Impairment of assets**: 72,278,000 US dollars
- **General and administrative expenses**: 127,933,000 US dollars
- **Depreciation and amortization**: 980,905,000 US dollars
- **Loss (gain) on extinguishment of debt, net**: 6,156,000 US dollars
- **Provision for loan losses, net**: negative 3,120,000 US dollars
- **Loss (gain) on derivatives and financial instruments, net**: negative 3,619,000 US dollars
- **Interest expense**: 286,119,000 US dollars
- **Other expenses**: 30,658,000 US dollars
- **Income (loss) from unconsolidated entities**: negative 6,129,000 US dollars. Reported below-tax contribution to net income.
- **Gain (loss) on real estate dispositions and acquisitions of controlling interests, net**: 66,627,000 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.: $559.85 M; to noncontrolling interests: $2.04 M.

## Chart details: Revenue by Geography

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

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

- **Total revenues**: 4,971,331,000 US dollars
- **Property operating expenses**: 2,977,101,000 US dollars
- **Gross profit (calculated)**: 1,994,230,000 US dollars
- **Operating expenses (calculated)**: 1,497,310,000 US dollars
- **Operating profit (calculated)**: 496,920,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) from continuing operations before income taxes and other items**: 496,920,000 US dollars
- **Income tax (expense) benefit**: negative 4,466,000 US dollars
- **Net income (loss)**: 561,884,000 US dollars
- **UNITED STATES**: 3,833,740,000 US dollars
- **UNITED KINGDOM**: 792,316,000 US dollars
- **CANADA**: 345,275,000 US dollars
- **Impairment of assets**: 72,278,000 US dollars
- **General and administrative expenses**: 127,933,000 US dollars
- **Depreciation and amortization**: 980,905,000 US dollars
- **Loss (gain) on extinguishment of debt, net**: 6,156,000 US dollars
- **Provision for loan losses, net**: negative 3,120,000 US dollars
- **Loss (gain) on derivatives and financial instruments, net**: negative 3,619,000 US dollars
- **Interest expense**: 286,119,000 US dollars
- **Other expenses**: 30,658,000 US dollars
- **Income (loss) from unconsolidated entities**: negative 6,129,000 US dollars. Reported below-tax contribution to net income.
- **Gain (loss) on real estate dispositions and acquisitions of controlling interests, net**: 66,627,000 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.: $559.85 M; to noncontrolling interests: $2.04 M.

## Chart details: Revenue by Business Segment

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

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

- **Total revenues**: 4,971,331,000 US dollars
- **Property operating expenses**: 2,977,101,000 US dollars
- **Gross profit (calculated)**: 1,994,230,000 US dollars
- **Operating expenses (calculated)**: 1,497,310,000 US dollars
- **Operating profit (calculated)**: 496,920,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (loss) from continuing operations before income taxes and other items**: 496,920,000 US dollars
- **Income tax (expense) benefit**: negative 4,466,000 US dollars
- **Net income (loss)**: 561,884,000 US dollars
- **Seniors Housing Operating**: 3,843,603,000 US dollars
- **Triple-net**: 528,784,000 US dollars
- **Outpatient Medical**: 422,827,000 US dollars
- **Impairment of assets**: 72,278,000 US dollars
- **General and administrative expenses**: 127,933,000 US dollars
- **Depreciation and amortization**: 980,905,000 US dollars
- **Loss (gain) on extinguishment of debt, net**: 6,156,000 US dollars
- **Provision for loan losses, net**: negative 3,120,000 US dollars
- **Loss (gain) on derivatives and financial instruments, net**: negative 3,619,000 US dollars
- **Interest expense**: 286,119,000 US dollars
- **Other expenses**: 30,658,000 US dollars
- **Revenue before reconciliation (calculated)**: 4,795,214,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Non-segment/Corporate**: 176,117,000 US dollars. Reported reconciliation to consolidated revenue.
- **Income (loss) from unconsolidated entities**: negative 6,129,000 US dollars. Reported below-tax contribution to net income.
- **Gain (loss) on real estate dispositions and acquisitions of controlling interests, net**: 66,627,000 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.: $559.85 M; to noncontrolling interests: $2.04 M.