Filing Flows › Welltower (WELL) › Operating margin
Welltower (WELL) operating margin by quarter
Welltower's operating margin was 9.1% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026. Over the last 6 quarters it ranged from 8.2% (Q1 2025) to 11.7% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 9.1% | +0.1 pts | -1.8 pts |
| Q2 2026 | 9.0% | -1.3 pts | -2.7 pts |
| Q1 2026 | 10.3% | -0.6 pts | +2.1 pts |
| Q3 2025 | 10.9% | -0.8 pts | — |
| Q2 2025 | 11.7% | +3.5 pts | — |
| Q1 2025 | 8.2% | — | — |
Q3 2026 at a glance
Welltower, Q3 2026: revenue $3.7B (+38% year over year), operating margin 9.1%, net earnings $397M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
Questions
What is Welltower's operating margin?
Welltower's operating margin was 9.1% in Q3 2026 (third quarter 2026), +0.1 pts from Q2 2026.
How has Welltower's operating margin changed?
Over the last 6 quarters it ranged from 8.2% (Q1 2025) to 11.7% (Q2 2025).