Wheeler Real Estate Investment Trust financials
$4.09−21.35%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $99.4M | $104.6M | $102.3M | $76.6M | $61.3M | $61.0M | $63.2M | $65.3M | $58.5M | $44.2M |
| Gross profit | $99.4M | $104.6M | $102.3M | $50.9M | $61.3M | $61.0M | $63.2M | $65.3M | $55.7M | $43.7M |
| Gross margin | 100.0% | 100.0% | 100.0% | 66.4% | 100.0% | 100.0% | 100.0% | 100.0% | 95.2% | 99.0% |
| Operating income | $28.9M | $32.0M | $27.2M | $22.0M | $17.5M | $18.4M | $9.5M | -$8.0K | $542.0K | -$291.0K |
| Net income | -$3.9M | -$22.2M | -$29.2M | -$21.5M | -$13.2M | -$9.3M | -$22.7M | -$29.3M | -$22.1M | -$15.9M |
| Net margin | −3.9% | −21.2% | −28.6% | −28.1% | −21.6% | −15.2% | −35.9% | −44.9% | −37.7% | −36.0% |
| Diluted EPS | $-77781.60 | $-748406260.80 | $-29842275960.00 | $-143961753600.00 | $-88833024000.00 | $-62705664000.00 | $-152845056000.00 | $-207059328000.00 | $-165908736000.00 | $-123451776000.00 |
| EBITDA | $57.4M | $61.2M | $53.7M | $46.3M | $34.6M | $35.8M | $31.1M | $35.8M | $27.2M | $20.4M |
| Operating cash flow | $21.1M | $26.0M | $20.9M | $30.8M | $17.0M | $15.8M | $15.3M | $22.0M | $23.8M | $11.1M |
| Free cash flow | $4.0M | $3.5M | $913.0K | $22.2M | $10.6M | $13.5M | $12.5M | -$6.7M | $16.5M | -$39.9M |
| Diluted shares | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $23.7M | $43.0M | $18.4M | $28.5M | $22.9M | $7.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $468.2M | $482.6M | $477.6M | $466.0M | $333.3M | $334.3M |
| Total assets | $601.7M | $653.7M | $668.3M | $684.5M | $465.3M | $489.4M |
| Total liabilities | $507.0M | $537.0M | $522.8M | $532.0M | $364.2M | $376.4M |
| Shareholders' equity | $31.5M | $32.0M | $145.2M | $51.0M | $101.1M | $113.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology