Wheeler Real Estate Investment Trust (WHLR) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChart

Wheeler Real Estate Investment Trust Revenue Highlights


Latest Revenue (Y)

$99.44M

Latest Revenue (Q)

$24.32M

Main Segment (Y)

Base Rent

Wheeler Real Estate Investment Trust Revenue by Period


Wheeler Real Estate Investment Trust Revenue by Year

DateRevenueChange
2025-12-31$99.44M-4.90%
2024-12-31$104.57M2.20%
2023-12-31$102.33M33.51%
2022-12-31$76.64M25.01%
2021-12-31$61.31M0.80%
2020-12-31$60.83M-3.52%
2019-12-31$63.05M-4.17%
2018-12-31$65.79M12.39%
2017-12-31$58.53M32.55%
2016-12-31$44.16M67.43%
2015-12-31$26.37M53.71%
2014-12-31$17.16M97.06%
2013-12-31$8.71M257.75%
2012-12-31$2.43M26.42%
2011-12-31$1.93M3.84%
2010-12-31$1.85M-58.84%
2009-12-31$4.50M-

Wheeler Real Estate Investment Trust generated $99.44M in revenue during NA 2025, up -4.90% compared to the previous quarter, and up 163.49% compared to the same period a year ago.

Wheeler Real Estate Investment Trust Revenue by Quarter

DateRevenueChange
2026-03-31$24.32M-3.37%
2025-12-31$25.17M5.66%
2025-09-30$23.82M-8.74%
2025-06-30$26.10M7.17%
2025-03-31$24.35M-11.74%
2024-12-31$27.59M11.30%
2024-09-30$24.79M-5.79%
2024-06-30$26.32M1.72%
2024-03-31$25.87M-1.31%
2023-12-31$26.21M4.01%
2023-09-30$25.20M1.47%
2023-06-30$24.84M-4.28%
2023-03-31$25.95M-3.61%
2022-12-31$26.92M43.92%
2022-09-30$18.71M21.11%
2022-06-30$15.45M0.16%
2022-03-31$15.42M-0.15%
2021-12-31$15.45M-1.25%
2021-09-30$15.64M1.79%
2021-06-30$15.37M4.35%
2021-03-31$14.72M-4.30%
2020-12-31$15.38M3.51%
2020-09-30$14.86M-1.93%
2020-06-30$15.16M-2.29%
2020-03-31$15.51M-3.06%
2019-12-31$16.00M2.05%
2019-09-30$15.68M0.24%
2019-06-30$15.64M-2.75%
2019-03-31$16.09M0.11%
2018-12-31$16.07M-0.96%
2018-09-30$16.22M-5.17%
2018-06-30$17.11M4.85%
2018-03-31$16.31M14.12%
2017-12-31$14.30M-5.12%
2017-09-30$15.07M2.37%
2017-06-30$14.72M2.77%
2017-03-31$14.32M19.07%
2016-12-31$12.03M0.98%
2016-09-30$11.91M7.44%
2016-06-30$11.09M21.30%
2016-03-31$9.14M-4.01%
2015-12-31$9.52M32.83%
2015-09-30$7.17M6.92%
2015-06-30$6.70M16.54%
2015-03-31$5.75M1.03%
2014-12-31$5.69M36.61%
2014-09-30$4.17M14.70%
2014-06-30$3.63M-0.83%
2014-03-31$3.66M5.17%
2013-12-31$3.48M76.28%
2013-09-30$1.98M21.33%
2013-06-30$1.63M0.68%
2013-03-31$1.62M74.05%
2012-12-31$929.59K90.21%
2012-09-30$488.73K0.60%
2012-06-30$485.81K-8.31%
2012-03-31$529.84K-56.56%
2011-12-31$1.22M130.57%
2011-09-30$529.00K-72.17%
2011-06-30$1.90M313.82%
2011-03-31$459.39K-63.05%
2010-12-31$1.24M-

Wheeler Real Estate Investment Trust generated $24.32M in revenue during Q1 2026, up -3.37% compared to the previous quarter, and up 88.14% compared to the same period a year ago.

Wheeler Real Estate Investment Trust Revenue Breakdown


Wheeler Real Estate Investment Trust Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Tenant Reimbursements$24.43M$23.96M$21.24M$16.66M$13.12M
Base Rent$69.10M$73.36M$72.62M--
Lease Termination Fees$34.00K$267.00K$325.00K$134.00K$139.00K
Other Services$1.72M$1.90M$1.67M$1.32M$803.00K
Minimum Rent---$57.53M$45.90M

Wheeler Real Estate Investment Trust's latest annual revenue breakdown by segment (product or service), as of Dec 25: Base Rent (72.52%), Tenant Reimbursements (25.64%), Other Services (1.80%), and Lease Termination Fees (0.04%).

Quarterly Revenue by Product

Product/ServiceMar 26Dec 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Tenant Reimbursements$6.23M$11.47M$6.98M$5.99M$12.73M$5.41M$5.82M$5.77M$5.03M$4.86M$5.58M---------
Base Rent$17.01M$34.54M$17.21M$17.36M$36.60M$18.32M$18.44M$18.30M$18.19M$18.12M$18.01M---------
Lease Termination Fees$5.00K$29.00K$5.00K$252.00K$6.00K$9.00K$210.00K--$115.00K$32.00K$75.00K$10.00K$125.00K$4.00K$4.00K$100.00K$12.00K--
Other Services$124.00K$1.10M$445.00K$168.00K$1.28M$450.00K$168.00K$411.00K$549.00K$257.00K$451.00K---------
Service, Other-----------$232.00K$123.00K$90.00K$498.00K$75.00K$68.00K$108.00K$348.00K-

Wheeler Real Estate Investment Trust's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Base Rent (72.78%), Tenant Reimbursements (26.67%), Other Services (0.53%), and Lease Termination Fees (0.02%).

Wheeler Real Estate Investment Trust Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CBLCBL & Associates Properties$578.37M$145.97M
SOHOSotherly Hotels$181.89M$38.01M
SITCSITE Centers$103.59M$9.24M
WHLRWheeler Real Estate Investment Trust$99.44M$24.32M
XELBXcel Brands$4.94M-

WHLR Revenue FAQ


What is Wheeler Real Estate Investment Trust’s yearly revenue?

Wheeler Real Estate Investment Trust's yearly revenue for 2025 was $99.44M, representing a decrease of -4.90% compared to 2024. The company's yearly revenue for 2024 was $104.57M, representing an increase of 2.20% compared to 2023. WHLR's yearly revenue for 2023 was $102.32M, representing an increase of 33.51% compared to 2022.

What is Wheeler Real Estate Investment Trust’s quarterly revenue?

Wheeler Real Estate Investment Trust's quarterly revenue for Q1 2026 was $24.32M, a -3.37% decrease from the previous quarter (Q4 2025), and a -0.14% decrease year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $25.17M, a 5.66% increase from the previous quarter (Q3 2025), and a -8.78% decrease year-over-year (Q4 2024). WHLR's quarterly revenue for Q3 2025 was $23.82M, a -8.74% decrease from the previous quarter (Q2 2025), and a -3.92% decrease year-over-year (Q3 2024).

What is Wheeler Real Estate Investment Trust’s revenue growth rate?

Wheeler Real Estate Investment Trust's revenue growth rate for the last 3 years (2023-2025) was -2.81%, and for the last 5 years (2021-2025) was 62.20%.

What are Wheeler Real Estate Investment Trust’s revenue streams?

Wheeler Real Estate Investment Trust's revenue streams in c 25 are Tenant Reimbursements, Base Rent, Lease Termination Fees, and Other Services. Tenant Reimbursements generated $24.43M in revenue, accounting 25.64% of the company's total revenue, up 1.98% year-over-year. Base Rent generated $69.1M in revenue, accounting 72.52% of the company's total revenue, down -5.80% year-over-year. Lease Termination Fees generated $34K in revenue, accounting 0.04% of the company's total revenue, down -87.27% year-over-year. Other Services generated $1.72M in revenue, accounting 1.80% of the company's total revenue, down -9.58% year-over-year.

What is Wheeler Real Estate Investment Trust’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Wheeler Real Estate Investment Trust was Base Rent. This segment made a revenue of $69.1M, representing 72.52% of the company's total revenue.