Filing Flows › Apple Hospitality REIT (APLE) › How it makes money
How Apple Hospitality REIT (APLE) makes money
Apple Hospitality REIT (APLE) made $398M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Occupancy brought in $362M (91%); Hotel Other brought in $19.6M (5%); Food and Beverage brought in $16.7M (4%). Of every dollar of revenue, 21¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Occupancy | $362M | 90.9% | -0.9% | +6% |
| Hotel Other | $19.6M | 4.9% | +3% | +8% |
| Food and Beverage | $16.7M | 4.2% | -9% | +6% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $398M | 100.0% |
| Operating profit | $82.2M | 20.6% |
| Income tax | $258K | 0.1% |
| Net earnings | $60.5M | 15.2% |
| Operating cash flow | $136M | 34.0% |
| Free cash flow | $118M | 29.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $398M | +6% |
| Q2 2026 | $403M | +5% |
| Q1 2026 | $338M | +3% |
| Q4 2025 | $326M | -2% |
| Q3 2025 | $374M | -1% |
| Q2 2025 | $384M | -2% |
| Q1 2025 | $328M | -0.5% |
From Apple Hospitality REIT's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Apple Hospitality REIT make money?
Apple Hospitality REIT (APLE) made $398M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Occupancy brought in $362M (91%); Hotel Other brought in $19.6M (5%); Food and Beverage brought in $16.7M (4%). Of every dollar of revenue, 21¢ was left as operating profit, 15¢ was left as net earnings.
What is Apple Hospitality REIT's biggest business?
Occupancy: $362M in the third quarter 2026, 91% of revenue, +6% from a year earlier.
What is Apple Hospitality REIT's profit margin?
Net earnings were $60.5M, 15.2% of revenue, in the third quarter 2026; the operating margin was 20.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.