Filing Flows › Apple Hospitality REIT (APLE) › Q2 2026
Apple Hospitality REIT (APLE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Apple Hospitality REIT (APLE) reported revenue of $403M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +19% from the quarter before. Operating margin was 21.9%, net earnings $67.1M (16.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $403M | +19% | +5% |
| Operating profit | $88.2M | +84% | +4% |
| Net earnings | $67.1M | +142% | +5% |
| Operating cash flow | $125M | +156% | +15% |
| Free cash flow | $111M | +746% | +17% |
What changed
Revenue was $402.6M in Q2 2026, up 5% year over year and up 19% from the previous quarter. Occupancy was the largest line at 91% of revenue. Occupancy added $16.6M year over year (up 5%), 91% of the total change.
Operating profit was $88.2M, a 21.9% margin (down 0.2 points year over year). Of the extra revenue versus Q2 2025, 18% reached operating profit, below the 22% margin then. Total costs grew 5% against revenue growth of 5%. The fastest-growing cost line was General & admin (+63%). Net earnings were $67.1M, up 5% year over year. The effective tax rate was 0.4%.
Operating cash flow was $125.0M (up 15% year over year), 186% of net earnings. Non-cash charges added back $49.7M of depreciation and amortization. Working capital and other items added $8.2M. Capital expenditures of $14.2M left free cash flow of $110.7M.
Questions
What was Apple Hospitality REIT's revenue in the second quarter 2026?
Apple Hospitality REIT (APLE) reported revenue of $403M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +19% from the quarter before.
Was Apple Hospitality REIT profitable in the second quarter 2026?
Operating profit was $88.2M (21.9% of revenue) and net earnings $67.1M.