Wheeler Real Estate Investment Trust, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Wheeler Real Estate Investment Trust, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $99.45M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $104.57M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $102.33M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $76.65M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $61.31M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $61.00M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $63.16M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $65.28M | Feb 26, 2020 |
| FY2017 | Dec 31, 2017 | $14.30M | Mar 7, 2018 |
| FY2017 | Sep 30, 2017 | $15.20M | Mar 7, 2018 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.75M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $2.17M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $1.99M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $1.45M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $942.0K | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $964.0K | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $720.0K | Mar 18, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.77M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | ($9.63M) | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | ($4.69M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($12.45M) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | ($9.44M) | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $245.0K | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | ($8.04M) | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | ($16.50M) | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | ($12.09M) | Feb 28, 2019 |
| FY2018 | Dec 31, 2016 | ($11.20M) | Feb 28, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $43.22M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $37.53M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $29.41M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $24.60M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $19.51M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $18.42M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $10.85M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $2.46M | Feb 26, 2020 |
| FY2017 | Dec 31, 2017 | ($4.95M) | Mar 7, 2018 |
| FY2017 | Sep 30, 2017 | $1.78M | Mar 7, 2018 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $21.13M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $25.99M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $20.93M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $30.76M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $17.04M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $15.78M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $15.25M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $22.00M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $23.82M | Feb 28, 2019 |
| FY2018 | Dec 31, 2016 | $11.10M | Feb 28, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $8.51M | Mar 2, 2023 |
| FY2022 | Dec 31, 2021 | $6.41M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $2.27M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $2.71M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $5.57M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $7.31M | Feb 28, 2019 |
| FY2018 | Dec 31, 2016 | $1.89M | Feb 28, 2019 |
| FY2017 | Dec 31, 2015 | $531.0K | Mar 7, 2018 |
| FY2016 | Dec 31, 2014 | $521.4K | Feb 28, 2017 |
| FY2015 | Dec 31, 2013 | $707.1K | Mar 10, 2016 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $601.73M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $653.70M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $668.33M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $684.54M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $465.28M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $489.38M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $484.37M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $508.08M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $457.67M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $489.05M | Mar 7, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $507.04M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $537.05M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $526.80M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $531.98M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $368.93M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $376.97M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $371.13M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $386.87M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $333.84M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $331.32M | Mar 7, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $234.0K | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | ($25.37M) | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | ($21.29M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($15.16M) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $1.86M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $14.92M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $23.93M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $42.06M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $63.51M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $94.83M | Mar 7, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2018 | $0 | Feb 26, 2020 |
| FY2018 | Dec 1, 2018 | $5.49M | Feb 28, 2019 |
| FY2019 | Dec 31, 2017 | $5.49M | Feb 26, 2020 |
| FY2017 | Dec 31, 2016 | $5.49M | Mar 7, 2018 |
| FY2016 | Dec 31, 2015 | $5.49M | Feb 28, 2017 |
| FY2016 | Dec 31, 2014 | $7.00M | Feb 28, 2017 |
| FY2016 | Oct 24, 2014 | $7.00M | Feb 28, 2017 |
| FY2014 | Dec 31, 2013 | $0 | Mar 25, 2015 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($350.88M) | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | ($347.03M) | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | ($324.85M) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | ($295.62M) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | ($274.11M) | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | ($260.87M) | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | ($251.58M) | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | ($233.18M) | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | ($204.93M) | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | ($170.38M) | Mar 7, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $23.66M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $42.96M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $18.40M | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | $28.49M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $22.90M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $7.66M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $5.45M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $3.54M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $3.68M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $4.86M | Mar 7, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $477.57M | Mar 5, 2024 |
| FY2023 | Dec 31, 2022 | $466.03M | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | $336.43M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | $347.10M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $342.89M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | $364.47M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $308.12M | Feb 28, 2019 |
| FY2012 | Dec 31, 2012 | $31.84M | Apr 1, 2013 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (36) | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | (346,484) | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | (13,157) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | (22) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | (1) | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | 0 | Feb 28, 2022 |
| FY2012 | Dec 31, 2012 | 0 | Apr 1, 2013 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (36) | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | (346,484) | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | (13,157) | Mar 4, 2025 |
| FY2023 | Dec 31, 2022 | (22) | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | (1) | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | 0 | Feb 28, 2022 |
| FY2012 | Dec 31, 2012 | 0 | Apr 1, 2013 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 631,866 | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | 311 | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | 18,670 | Mar 4, 2025 |
| FY2023 | Aug 7, 2023 | 980,919 | Mar 5, 2024 |
| FY2023 | Aug 6, 2023 | 9.81M | Mar 5, 2024 |
| FY2023 | Dec 31, 2022 | 979,396 | Mar 5, 2024 |
| FY2022 | Dec 31, 2021 | 9.72M | Mar 2, 2023 |
| FY2020 | Dec 31, 2020 | 9.70M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 9.69M | Mar 18, 2021 |
| FY2019 | Dec 31, 2018 | 9.51M | Feb 26, 2020 |