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Welltower10-K: Customer concentration

Top 3 partners generate 36% of revenue in largest business segment

What happened

Care UK (14%), Cogir Management Company (12%), and Sunrise Senior Living (10%) represent a significant revenue concentration in the Seniors Housing Operating segment. This dependency creates risk and a need for solutions that improve partner performance monitoring and data integration.

Source

SEC EDGARFeb 12, 2026

Annual report (Form 10-K)

Welltower 10-K for FY2025

Filing excerpt

For the year ended December 31, 2025, Care UK, Cogir Management Company and Sunrise Senior Living accounted for 14%, 12% and 10% of Seniors Housing Operating Segment revenues, respectively.

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
36% (of Seniors Housing Operating Segment revenues from top 3 partners (14% + 12% + 10%))

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

  • Care UK
  • Cogir Management Company
  • Sunrise Senior Living

Regions named

  • United Kingdom
  • Canada

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Feb 17, 2026
signal_type
sec-10k
signal_subtype
customerConcentration

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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/69302edf-5b78-4223-9234-ce44098541cb returns this record as JSON. POST /v1/companies/enrich returns every signal for welltower.com.

{
  "signal_id": "69302edf-5b78-4223-9234-ce44098541cb",
  "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": "Care UK (14%), Cogir Management Company (12%), and Sunrise Senior Living (10%) represent a significant revenue concentration in the Seniors Housing Operating segment. This dependency creates risk and a need for solutions that improve partner performance monitoring and data integration.",
    "metrics": {
      "pct": 0.36,
      "timeframe": "current_year",
      "pct_context": "of Seniors Housing Operating Segment revenues from top 3 partners (14% + 12% + 10%)"
    },
    "summary": "Top 3 partners generate 36% of revenue in largest business segment",
    "excerpts": "For the year ended December 31, 2025, Care UK, Cogir Management Company and Sunrise Senior Living accounted for 14%, 12% and 10% of Seniors Housing Operating Segment revenues, respectively.",
    "relevance": 0.9,
    "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",
    "regions_mentioned": [
      "United Kingdom",
      "Canada"
    ],
    "vendors_mentioned": [
      "Care UK",
      "Cogir Management Company",
      "Sunrise Senior Living"
    ]
  }
}

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