Welltower Reports Q2 2026 Results with Strong Financial Performance
Welltower Inc. (NYSE:WELL) reported second-quarter results for 2026 on July 27, showing strong financial performance driven by growth in its Seniors Housing Operating portfolio and strategic capital activity. The company achieved net income of $0.61 per diluted share and normalized funds from operations (NOI) of $1.60 per diluted share, a year-over-year increase of 25%. Same-store NOI grew by 15.5%, with the SHO segment contributing significantly at 20.5% growth due to increased occupancy and revenue per occupied room. Welltower also highlighted significant capital deployment activity during the quarter, including $6.3 billion in pro rata gross investments and C$4.1 billion for acquiring a Canadian seniors housing portfolio. The company issued C$1.15 billion of senior unsecured notes at an average coupon rate of 3.95% to support its liquidity position. Additionally, the board increased the quarterly dividend by 15%, reflecting confidence in sustained cash flow growth and strong balance sheet fundamentals.
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