Wheeler Real Estate Investment Trust, Inc. (WHLR) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Wheeler Real Estate Investment Trust reported revenue of $99.4M, down 4.9% from $104.6M the year before. Net income was $8.8M (a 8.8% net margin), or -$77781.60 per diluted share. Gross margin was 29.0% and operating margin was 43.5%. Operating activities generated $21.1M of cash. At fiscal year end, Wheeler Real Estate Investment Trust held $601.7M in total assets against $507.0M in total liabilities, including $23.7M of cash and equivalents.
Open the full interactive Wheeler Real Estate Investment Trust financials → Quarterly statements, key ratios, valuation history and price charts.
Wheeler Real Estate Investment Trust Key Stats
| Share Price | $0.46 |
|---|---|
| Market Cap | $63,641 |
| Dividend Yield | 8321.68% |
| Revenue YoY Growth | -4.9% |
| 52-Week Range | $0.35 – $50,284.80 |
| Shares Outstanding | 1,937 (basic, 2026 Q2) |
Wheeler Real Estate Investment Trust Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $61.0M | $61.3M | $76.6M | $102.3M | $104.6M | $99.4M |
| Cost of Goods Sold | $42.6M | $43.9M | $54.7M | $75.1M | $72.6M | $70.6M |
| Gross Profit | $18.4M | $17.5M | $22.0M | $27.2M | $32.0M | $28.9M |
| Operating Income | $18.4M | $19.5M | $24.6M | $29.4M | $37.5M | $43.2M |
| Pre-Tax Income | $287,000 | -$9.3M | -$8.5M | $6.1M | $768,000 | $14.9M |
| Income Tax | $0 | $2,000 | $0 | $48,000 | $1,000 | $26,000 |
| Net Income | $245,000 | -$9.4M | -$12.5M | -$4.7M | -$9.6M | $8.8M |
| Diluted EPS | -$548674560000.00 | -$532998144000.00 | -$862202880000.00 | -$179103052800.00 | -$719001360.00 | -$77781.60 |
Wheeler Real Estate Investment Trust Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $23.8M | $25.2M | $24.0M | $22.5M |
| Net Income | $11.5M | -$3.8M | -$2.4M | $8.6M |
| Diluted EPS | -$10756.80 | -$35.98 | -$10476.00 | $8.64 |
Wheeler Real Estate Investment Trust Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.7M | $22.9M | $28.5M | $18.4M | $43.0M | $23.7M |
| Total Assets | $489.4M | $465.3M | $684.5M | $668.3M | $653.7M | $601.7M |
| Total Long-Term Debt | $347.1M | $336.4M | $466.0M | $477.6M | $482.6M | $468.2M |
| Total Liabilities | $377.0M | $368.9M | $532.0M | $526.8M | $537.0M | $507.0M |
| Shareholders' Equity | $14.9M | $1.9M | -$15.2M | -$21.3M | -$25.4M | $234,000 |
Wheeler Real Estate Investment Trust Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $15.8M | $17.0M | $30.8M | $20.9M | $26.0M | $21.1M |
| Cash From Investing | $2.2M | $5.1M | -$133.5M | -$31.5M | $15.5M | $32.1M |
| Cash From Financing | $3.2M | -$24.5M | $118.2M | -$5.5M | -$20.6M | -$65.4M |
| Free Cash Flow | $13.5M | $10.6M | $22.2M | — | — | — |
| Dividends Paid | — | — | $2.7M | $10.8M | $10.4M | $6.6M |
Figures from Wheeler Real Estate Investment Trust's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Wheeler Real Estate Investment Trust financials page for every line item.
Wheeler Real Estate Investment Trust Company Profile
| Ticker | WHLR |
|---|---|
| Exchange | Nasdaq |
| Industry | Real Estate Investment Trusts |
| Headquarters | Virginia Beach, Virginia |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001527541 |
Frequently Asked Questions
What was Wheeler Real Estate Investment Trust's revenue in fiscal 2025?
Wheeler Real Estate Investment Trust (WHLR) reported revenue of $99.4M for fiscal 2025.
What is Wheeler Real Estate Investment Trust's annual revenue history?
Wheeler Real Estate Investment Trust's annual revenue by fiscal year: 2020: $61.0M; 2021: $61.3M; 2022: $76.6M; 2023: $102.3M; 2024: $104.6M; 2025: $99.4M.
What was Wheeler Real Estate Investment Trust's net income in fiscal 2025?
Wheeler Real Estate Investment Trust reported net income of $8.8M for fiscal 2025.
What was Wheeler Real Estate Investment Trust's earnings per share (EPS) in fiscal 2025?
Wheeler Real Estate Investment Trust's diluted EPS was -$77781.60 for fiscal 2025 (adjusted for any later stock splits).
What was Wheeler Real Estate Investment Trust's revenue last quarter?
In its most recent reported quarter (2026 Q2), Wheeler Real Estate Investment Trust reported revenue of $22.5M.
How much debt does Wheeler Real Estate Investment Trust have?
Wheeler Real Estate Investment Trust reported $468.2M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Wheeler Real Estate Investment Trust are outstanding?
Wheeler Real Estate Investment Trust reported a weighted average of 1,937 basic shares outstanding in 2026 Q2.
What is Wheeler Real Estate Investment Trust's market cap?
Based on its latest closing price, Wheeler Real Estate Investment Trust (WHLR) has a market capitalization of about $63,641.
When does Wheeler Real Estate Investment Trust's fiscal year end?
Wheeler Real Estate Investment Trust's fiscal year end, as registered with the SEC, is December 31.
Where is Wheeler Real Estate Investment Trust headquartered?
Wheeler Real Estate Investment Trust lists its business address in Virginia Beach, Virginia in its SEC filings.