For the quarter ending 2026-03-31, WHLRD made $24,007K in revenue. -$5,266K in net income. Net profit margin of -21.94%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Total revenue | 24,007 | 27,982* | 23,821 | |
| Property operations | 8,409 | 9,587* | 7,819 | |
| Depreciation and amortization | 5,232 | 6,108* | 5,612 | |
| Impairment charges | - | -4,590* | 2,490 | |
| Corporate general& administrative | 2,736 | 4,497* | 2,404 | |
| Total operating expenses | 16,377 | 15,602* | 18,325 | |
| Gain on disposal of properties, net | 2,557 | 14,363* | -3 | |
| Operating income | 10,187 | 26,743* | 5,493 | |
| Interest income | 153 | 94* | 290 | |
| Gain on investment securities, net - related party | - | - | 0 | |
| Unrealized gain on investment securities, net - related party | - | 0* | - | |
| Interest expense | 7,294 | 10,199* | 7,853 | |
| Net changes in fair value of derivative liabilities | 3,370 | 40,225* | -14,989 | |
| Loss on conversion of convertible notes | - | -902* | 0 | |
| Gain on preferred stock redemptions | 179 | 995* | 176 | |
| Other expense | 1,026 | 589* | 113 | |
| Net (gain) income before income taxes | -1,171 | -24,083* | 12,982 | |
| Income tax expense | 0 | 26* | 0 | |
| Net (gain) income | -1,171 | -24,109* | 12,982 | |
| Less net income attributable to noncontrolling interests | 1,226 | 1,702* | 1,455 | |
| Net (gain) income attributable to wheeler reit | -2,397 | -25,811* | 11,527 | |
| Preferred stock dividends - undeclared | 1,555 | 1,867* | 1,591 | |
| Deemed contribution related to issuance of series d preferred stock | 827 | 1,408* | 0 | |
| Deemed contribution related to preferred stock exchanges | 495 | 531* | 3,009 | |
| Deemed distribution related to noncontrolling interests | 2,636 | 4,853* | 4,031 | |
| Net loss attributable to wheeler reit common stockholders | - | -30,592 | 8,914 | |
| Net loss attributable to wheeler reit common shareholders | -5,266 | - | 8,914 | |
| Basic EPS | -14.55 | 112.725 | 18.37 | |
| Diluted EPS | -14.55 | 4.881 | -0.83 | |
| Basic Average Shares | 361,988 | -271,387 | 485,191 | |
| Diluted Average Shares | 361,988 | -6,267,894 | 6,481,698 | |
Wheeler Real Estate Investment Trust, Inc. (WHLRD)
Wheeler Real Estate Investment Trust, Inc. (WHLRD)