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Apple Hospitality REIT (APLE) operating margin by quarter

Apple Hospitality REIT's operating margin was 20.6% in Q3 2026 (third quarter 2026), -1.3 pts from Q2 2026. Over the last 7 quarters it ranged from 14.2% (Q1 2026) to 22.1% (Q2 2025).

Apple Hospitality REIT operating margin by quarterApple Hospitality REIT operating margin by quarter15.5%Q1 202522.1%Q2 202519.4%Q3 202515.2%Q4 202514.2%Q1 202621.9%Q2 202620.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202620.6%-1.3 pts+1.2 pts
Q2 202621.9%+7.7 pts-0.2 pts
Q1 202614.2%-1.0 pts-1.3 pts
Q4 202515.2%-4.2 pts—
Q3 202519.4%-2.7 pts—
Q2 202522.1%+6.6 pts—
Q1 202515.5%——

Q3 2026 at a glance

Apple Hospitality REIT, Q3 2026: revenue $398M (+6% year over year), operating margin 20.6%, net earnings $60.5M, operating cash flow $136M. The chart follows the revenue to costs, profit and cash.

Questions

What is Apple Hospitality REIT's operating margin?

Apple Hospitality REIT's operating margin was 20.6% in Q3 2026 (third quarter 2026), -1.3 pts from Q2 2026.

How has Apple Hospitality REIT's operating margin changed?

Over the last 7 quarters it ranged from 14.2% (Q1 2026) to 22.1% (Q2 2025).

Q3 2026 results → · How Apple Hospitality REIT makes money →