Filing Flows › Apple Hospitality REIT (APLE) › Q2 2026 › vs Q2 2025
Apple Hospitality REIT (APLE) Q2 2026 vs Q2 2025 (year over year)
Apple Hospitality REIT's revenue rose $18.2M (+5%) from $384M in Q2 2025 to $403M in Q2 2026. The biggest changes: Occupancy +$16.6M (+5%); Hotel Other +$1.3M (+8%); Food and Beverage +$269K (+1%). Operating margin 21.9% against 22.1% (-0.2 pts).
Apple Hospitality REIT, Q2 2026: revenue $403M (+5% year over year), operating margin 21.9%, net earnings $67.1M, operating cash flow $125M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 21.9% | 22.1% | -0.2 pts |
| Net margin | 16.7% | 16.6% | +0.1 pts |
| Free cash flow margin | 27.5% | 24.6% | +2.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Occupancy | $365M | $349M | $16.6M | +5% |
| Hotel Other | $18.9M | $17.6M | $1.3M | +8% |
| Food and Beverage | $18.4M | $18.2M | $269K | +1% |
| Revenue | $403M | $384M | $18.2M | +5% |
| Operating profit | $88.2M | $84.9M | $3.3M | +4% |
| Costs & expenses | $314M | $300M | $14.9M | +5% |
| Pre-tax earnings | $67.3M | $63.9M | $3.4M | +5% |
| Other expense, net | $20.8M | $21.0M | −$146K | -0.7% |
| Cost of revenue | $228M | $221M | $7.0M | +3% |
| General & admin | $13.2M | $8.1M | $5.1M | +63% |
| Other operating costs | $73.7M | $70.9M | $2.8M | +4% |
| Net earnings | $67.1M | $63.6M | $3.4M | +5% |
| Income tax | $260K | $240K | $20K | +8% |
| Depreciation & amortization | $49.7M | $48.0M | $1.6M | +3% |
| Working capital & other | $8.2M | −$2.9M | $11.1M | — |
| Operating cash flow | $125M | $109M | $16.2M | +15% |
| Free cash flow (OCF − capex) | $111M | $94.5M | $16.2M | +17% |
| Capital expenditures | $14.2M | $14.3M | −$59K | -0.4% |
Questions
How much did Apple Hospitality REIT's revenue grow year over year in Q2 2026?
Apple Hospitality REIT's revenue rose $18.2M (+5%) from $384M in Q2 2025 to $403M in Q2 2026.
What drove Apple Hospitality REIT's revenue change in Q2 2026?
Occupancy +$16.6M (+5%); Hotel Other +$1.3M (+8%); Food and Beverage +$269K (+1%).