FY2025 · ended Dec 31, 2025 · Revenue $1.75M, -19.2% YoY · Filed Mar 5, 2026
Wheeler Real Estate Investment Trust, Inc. (WHLR) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.8 million and net income of $8.8 million. As of Jun 30, 2026 it held $31.9 million in cash and investments and $8.1 million in total debt.
Revenue (TTM)
$1.71M
-21.5% vs year-ago TTM
Net income (TTM)
$16.95M
+672.9% vs year-ago TTM
Operating cash flow (TTM)
$20.27M
-22.6% vs year-ago TTM
Free cash flow
$22.25M
+109.3% vs prior year
EPS (TTM)
$8.44
-100.0% vs year-ago TTM
Dividend per share
$0.00
Shares outstanding
1.29M
+10.6% vs prior year
Net cash
$23.74M
as of Jun 30, 2026
Operating margin
2148.2%
FY 2026
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- WHLR (Nasdaq), WHLRD (Nasdaq), WHLRP (Nasdaq), WHLRL (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- MD
- Headquarters
- Virginia Beach, VA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1527541
Other Real Estate Investment Trusts companies
- Welltower Inc. WELL
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2020 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.8M | $2.2M | $2.0M | $1.4M | $942,000 |
| Operating income | $43.2M | $37.5M | $29.4M | $24.6M | $19.5M |
| Net income | $8.8M | -$9.6M | -$4.7M | -$12.5M | -$9.4M |
| Diluted EPS | -$36.01 | -$346,484.38 | -$13,157.97 | -$22.04 | -$1.36 |
| Operating cash flow | $21.1M | $26.0M | $20.9M | $30.8M | $17.0M |
| Free cash flow | — | — | — | $22.2M | $10.6M |
| Total assets | $601.7M | $653.7M | $668.3M | $684.5M | $465.3M |
| Total liabilities | $507.0M | $537.0M | $526.8M | $532.0M | $368.9M |
| Stockholders' equity | $234,000 | -$25.4M | -$21.3M | -$15.2M | $1.9M |
| Cash and investments | $23.7M | $43.0M | $18.4M | $28.5M | $22.9M |
| Total debt | $8.2M | $10.1M | $487.9M | $482.5M | $349.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Unregistered share sale, Change to shareholder rights, Bylaw or fiscal year change
|
Oct 26, 2026 | Oct 21, 2026 |
| ARS | Annual report to shareholders | Oct 23, 2026 | Dec 31, 2025 |
| 8-K |
Current report
Unregistered share sale
|
Oct 19, 2026 | Oct 13, 2026 |
| 8-K |
Current report
Unregistered share sale
|
Oct 13, 2026 | Oct 6, 2026 |
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale
|
Oct 13, 2026 | Oct 13, 2026 |
| 8-K | Current report | Oct 6, 2026 | Oct 1, 2026 |
All 1000 Wheeler Real Estate Investment Trust, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.