Wheeler Real Estate Investment Trust, Inc. (WHLR)

NASDAQ: WHLR · Real-Time Price · USD

0.3850

-0.0732 (-15.98%)

At close: Nov 6, 2026, 4:00 PM EST

0.4290

+0.0440 (11.43%)

After-hours: Nov 6, 2026, 7:59 PM EST

WHLR Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	92.79	97.69	102.41	100.33	75.2	60.37
Other Revenue	1.99	1.72	1.9	1.67	1.32	0.8
Total Revenue	94.78	99.41	104.31	102	76.51	61.17
Revenue Growth (YoY	-6.93%	-4.69%	2.26%	33.31%	25.08%	0.57%
Property Expenses	31.37	33.04	35.29	34.87	25.73	19.62
Selling, General & Administrative	12.14	11.71	10.8	11.75	8.62	7.14
Depreciation & Amortization	20.68	22.94	25.32	28.5	19.54	14.8
Other Operating Expenses	-0.03	-0.03	-0.27	-0.33	-0.13	-0.14
Total Operating Expenses	64.16	67.66	71.13	74.8	53.76	41.42
Operating Income	30.62	31.75	33.18	27.2	22.75	19.76
Interest Expense	-31.57	-33.76	-32.6	-32.31	-30.11	-33.03
Interest & Investment Income	0.83	0.96	0.46	0.48	0.07	0.03
Other Non-Operating Income	-5.8	3.81	-9.82	7.87	-2.33	3.77
EBT Excluding Unusual Items	-5.91	2.77	-8.79	3.24	-9.61	-9.47
Gain (Loss) on Sale of Investments	-	-	0.84	0.69	-	-
Gain (Loss) on Sale of Assets	10.92	14.35	5.55	2.2	1.84	-0.25
Asset Writedown	-2.29	-2.88	-1.2	-	-	-
Total Legal Settlements	-	-	-	-	-0.7	-0.19
Other Unusual Items	0.48	0.62	4.3	-	-	0.55
Pretax Income	3.2	14.86	0.71	6.13	-8.47	-9.35
Income Tax Expense	0	0.03	0	0.05	-	0
Earnings From Continuing Operations	3.2	14.84	0.71	6.08	-8.47	-9.35
Net Income to Company	3.2	14.84	0.71	6.08	-8.47	-9.35
Minority Interest in Earnings	-4.75	-6.07	-10.34	-10.77	-3.98	-0.09
Net Income	-1.55	8.77	-9.63	-4.69	-12.45	-9.44
Preferred Dividends & Other Adjustments	15.31	12.62	12.54	24.55	9.06	3.8
Net Income to Common	-16.86	-3.85	-22.18	-29.24	-21.51	-13.24
Net Income Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	32.31%	31.94%	31.81%	26.67%	29.74%	32.30%
Profit Margin	-17.79%	-3.87%	-21.26%	-28.66%	-28.11%	-21.64%
EBITDA	49.69	52.23	55.06	50.86	40.22	34.57
EBITDA Margin	52.43%	52.53%	52.79%	49.86%	52.56%	56.51%
D&A For Ebitda	19.07	20.48	21.88	23.65	17.46	14.81
EBIT	30.62	31.75	33.18	27.2	22.75	19.76
EBIT Margin	32.31%	31.94%	31.81%	26.67%	29.74%	32.30%
Funds From Operations (FFO)	-0.1	13.69	3.2	12.83	-3.16	-2.48
Adjusted Funds From Operations (AFFO)	-	10.29	7.19	-0.25	7.9	6.77
Effective Tax Rate	0.09%	0.18%	0.14%	0.78%	-	-
Revenue as Reported	94.81	99.45	104.57	102.33	76.65	61.31

SEC Filings: 10-K · 10-Q