Welltower's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-26. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $3,716 million (+38.4% vs a year earlier) |
| Diluted EPS (GAAP) | $0.54 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $1.67 |
| Full-year guidance | Mixed |
Guidance
Welltower raised 2026 normalized FFO guidance to $6.47–$6.53 and net income to $3.31–$3.37 per share; NAREIT FFO cut to $6.07–$6.13 from $6.21–$6.29.
Why this label: Own Prior vs Current table: NAREIT FFO/share cut to $6.07-6.13 from $6.21-6.29 while net income ($3.31-3.37) and normalized FFO ($6.47-6.53) rose; core moved both ways.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| net income attributable to common stockholders per diluted share | FY2026 | $3.31–$3.37 | $3.11–$3.19 |
| normalized FFO per diluted share | FY2026 | $6.47–$6.53 | $6.36–$6.44 |
| NAREIT FFO per diluted share | FY2026 | $6.07–$6.13 | $6.21–$6.29 |
| average blended same store NOI growth | FY2026 | 15.0%–16.25% | not stated |
From the release
Revenue: "Total revenues · 2,685,692 · 3,715,777 · 7,657,023 · 10,612,289"
Earnings per share: "Diluted (2) · $ · 0.41 · $ · 0.54 · $ · 1.26 · $ · 2.16"
net income attributable to common stockholders per diluted share: "Net income attributable to common stockholders guidance has been revised to a range of $3.31 to $3.37 per diluted share from the previous range of $3.11 to $3.19."
normalized FFO per diluted share: "We also increased the guidance range of full year normalized FFO attributable to common stockholders to a range of $6.47 to $6.53 per diluted share from the previous range of $6.36 to $6.44."
NAREIT FFO per diluted share: "NAREIT FFO · $ · 6.21 · $ · 6.29 · $ · 6.07 · $ · 6.13"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Normalized FFO guide raised to $6.47–$6.53; NAREIT FFO guide lowered; Q3 normalized FFO +24.6%.
Source
Welltower earnings release (SEC filing), accession 0000766704-26-000043, filed 2026-10-26.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.