08/06/2026
WELL is pleased to announce its interim consolidated financial results for the quarter ended June 30, 2026.
📌 WELL achieved quarterly revenues of $400.4 million in Q2-2026, an increase of 12% as compared to Q2-2025, driven by strong growth in the Company’s Canadian Patient Services Business where quarterly revenue increased by 32% to $151.6 million in Q2-2026 as compared to Q2-2025.
📌 During the quarter, WELL closed two highly-accretive acquisitions, the OID Group and UnionMD, expanding the Company’s Canadian Clinics network to 275 clinics as of June 30, 2026, and boosting WELL Canada’s annualized Adjusted EBITDA run-rate to over $100 million, three calendar quarters ahead of schedule.
📌 Subsequent to quarter end, WELL further strengthened its balance sheet with the closing of an inaugural $150 million senior unsecured notes offering and announced the Company’s intention to list WELLSTAR on the TSXV via an RTO transaction, alongside a concurrent $50 million subscription receipts financing that has since been completed.
📌 WELL is increasing its 2026 annual revenue guidance to a range of $1.58 billion to $1.65 billion, from previous guidance of $1.55 billion to $1.65 billion, and is increasing its Adjusted EBITDA guidance to a range of $185 million to $195 million, from previous guidance of $175 million to $185 million.
Read the full press release here: https://ow.ly/rTPH50ZxcsN