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Welltower10-K: Customer concentration

Integra Healthcare Properties accounts for 16% of Triple-net segment revenue

What happened

The company's reliance on Integra for 16% of its Triple-net segment revenue represents a notable concentration risk. This highlights a need for robust tenant financial health monitoring and risk management platforms to protect a key income stream.

Source

SEC EDGARFeb 12, 2026

Annual report (Form 10-K)

Welltower 10-K for FY2025

Filing excerpt

For the year ended December 31, 2025, our revenues related to our relationship with Integra Healthcare Properties (“Integra”) accounted for approximately 16% of our Triple-net segment revenues and 2% of total revenues.

sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Customer concentration

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 12, 2026

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The full record

From the Signal API record

Numbers

Percent
16% (of Triple-net segment revenues from Integra Healthcare Properties)

Details

CIK
766704
Accession number
0000766704-26-000010
Timeframe
Current year
Filing year
2026
Why it matters
Diversification strategy
Signal category
Market

Topics and mentions

Vendors

  • Integra Healthcare Properties

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 17, 2026
signal_type
sec-10k
signal_subtype
customerConcentration

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/bea20cb9-8619-466d-83ea-9d6b1e99eeb7 returns this record as JSON. POST /v1/companies/enrich returns every signal for welltower.com.

{
  "signal_id": "bea20cb9-8619-466d-83ea-9d6b1e99eeb7",
  "signal_type": "sec-10k",
  "signal_subtype": "customerConcentration",
  "detected_at": "2026-02-17T06:28:43.269+00:00",
  "company": {
    "name": "Welltower",
    "domain": "welltower.com"
  },
  "data": {
    "detail": "The company's reliance on Integra for 16% of its Triple-net segment revenue represents a notable concentration risk. This highlights a need for robust tenant financial health monitoring and risk management platforms to protect a key income stream.",
    "metrics": {
      "pct": 0.16,
      "timeframe": "current_year",
      "pct_context": "of Triple-net segment revenues from Integra Healthcare Properties"
    },
    "summary": "Integra Healthcare Properties accounts for 16% of Triple-net segment revenue",
    "excerpts": "For the year ended December 31, 2025, our revenues related to our relationship with Integra Healthcare Properties (“Integra”) accounted for approximately 16% of our Triple-net segment revenues and 2% of total revenues.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/766704/000076670426000010/well-20251231.htm",
    "filing_date": "2026-02-12",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Diversification strategy",
    "signal_category": "market",
    "vendors_mentioned": [
      "Integra Healthcare Properties"
    ]
  }
}

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