Filing Flows › Chatham Lodging Trust (CLDT) › Q4 2025
Chatham Lodging Trust (CLDT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Chatham Lodging Trust (CLDT) reported revenue of $67.7M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -14% from the quarter before. Operating margin was 15.9%, net earnings $4.6M (6.8% of revenue).
Chatham Lodging Trust, Q4 2025: revenue $67.7M (-10% year over year), operating margin 15.9%, net earnings $4.6M, operating cash flow $12.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.7M | -14% | -10% |
| Operating profit | $10.8M | +9% | +91% |
| Net earnings | $4.6M | +31% | — |
| Operating cash flow | $12.3M | -52% | -5% |
| Free cash flow | $11.4M | — | -10% |
What changed
Revenue was $67.7M in Q4 2025, down 10% year over year and down 14% from the previous quarter.
Operating profit was $10.8M, a 15.9% margin (up 8.4 points year over year). Total costs fell 18% while revenue fell 10%. The fastest-growing cost line was Other operating costs (+163%). Net earnings were $4.6M. The effective tax rate was 0.0%.
Operating cash flow was $12.3M (down 5% year over year), 260% of net income including minority interests. Non-cash charges added back $14.6M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $8.6M. Capital expenditures of $858K left free cash flow of $11.4M.
Questions
What was Chatham Lodging Trust's revenue in the fourth quarter 2025?
Chatham Lodging Trust (CLDT) reported revenue of $67.7M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -14% from the quarter before.
Was Chatham Lodging Trust profitable in the fourth quarter 2025?
Operating profit was $10.8M (15.9% of revenue) and net earnings $4.6M.