Whitestone REIT (WSR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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WSR Revenue Growth
WSR Revenue Analysis (2014–2025)
As of May 8, 2026, Whitestone REIT (WSR) generated trailing twelve-month (TTM) revenue of $164.6 million, reflecting solid growth of +8.0% year-over-year. The most recent quarter (Q1 2026) recorded $41.4 million in revenue, down 5.8% sequentially.
Looking at the longer-term picture, WSR's 5-year compound annual growth rate (CAGR) stands at +5.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $160.9 million in 2025, representing a new all-time high.
When compared to Real Estate sector peers including WHLR (-4.9% YoY), NXRT (-0.7% YoY), and PECO (+8.9% YoY), WSR has underperformed the peer group in terms of revenue growth. Compare WSR vs WHLR →
WSR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WSRCurrent | $165M | +8.0% | +5.4% | 33.3% | |
 WHLR | $100M | -4.9% | +10.5% | 36.4% | |
 NXRT | $251M | -0.7% | +4.2% | 11.1% | |
 PECO | $732M | +8.9% | +8.0% | 27.2% | |
 CTO | $150M | +17.2% | +21.5% | 22.1% | |
 NTST | $195M | +20.3% | +42.0% | 25.7% |
WSR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $160.9M | +3.4% | $110.7M | 68.8% | $53.6M | 33.3% |
| 2024 | $155.5M | +5.1% | $109.5M | 70.4% | $51.4M | 33.1% |
| 2023 | $147.9M | +5.2% | $102.0M | 68.9% | $48.3M | 32.7% |
| 2022 | $140.6M | +12.2% | $97.3M | 69.2% | $47.5M | 33.8% |
| 2021 | $125.3M | +1.4% | $86.0M | 68.6% | $34.4M | 27.4% |
| 2020 | $123.6M | +2.5% | $85.0M | 68.8% | $0 | - |
| 2019 | $120.5M | +0.6% | $83.6M | 69.4% | $62.0M | 51.4% |
| 2018 | $119.9M | -4.8% | $82.4M | 68.8% | $33.5M | 27.9% |
| 2017 | $126.0M | +20.6% | $83.8M | 66.6% | $32.7M | 25.9% |
| 2016 | $104.4M | +11.8% | $70.3M | 67.4% | $24.0M | 22.9% |
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Start ComparisonWSR — Frequently Asked Questions
Quick answers to the most common questions about buying WSR stock.
Is WSR's revenue growth accelerating or slowing?
WSR maintains +8.0% revenue growth, in line with its 5-year CAGR of +5.4%. TTM revenue stands at $165M. Growth rate remains consistent with historical average.
What is WSR's long-term revenue growth rate?
Whitestone REIT's 5-year revenue CAGR of +5.4% reflects the sustained expansion pattern. Current YoY growth of +8.0% is near this long-term average.
How is WSR's revenue distributed by segment?
WSR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.