Filing Flows › DiamondRock Hospitality (DRH) › Q2 2025
DiamondRock Hospitality (DRH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
DiamondRock Hospitality (DRH) reported revenue of $306M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +20% from the quarter before. Operating margin was 18.4%, net earnings $41.0M (13.4% of revenue).
DiamondRock Hospitality, Q2 2025: revenue $306M (-1% year over year), operating margin 18.4%, net earnings $41.0M, operating cash flow $73.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306M | +20% | -1% |
| Operating profit | $56.1M | +127% | +37% |
| Net earnings | $41.0M | +244% | +67% |
| Operating cash flow | $73.6M | +166% | +32% |
| Free cash flow | $57.9M | 28× | +49% |
What changed
Revenue was $305.7M in Q2 2025, down 1% year over year and up 20% from the previous quarter. Rooms was the largest line at 65% of revenue. Rooms lost $5.2M year over year (down 3%), 147% of the total change.
Operating profit was $56.1M, a 18.4% margin (up 5.1 points year over year). Total costs fell 7% while revenue fell 1%. Net earnings were $40.8M, up 66% year over year. The effective tax rate was 2.4%.
Operating cash flow was $73.6M (up 32% year over year), 179% of net earnings. Non-cash charges added back $28.2M of depreciation and amortization and $2.6M of share-based compensation. Capital expenditures of $15.7M left free cash flow of $57.9M.
Questions
What was DiamondRock Hospitality's revenue in the second quarter 2025?
DiamondRock Hospitality (DRH) reported revenue of $306M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +20% from the quarter before.
Was DiamondRock Hospitality profitable in the second quarter 2025?
Operating profit was $56.1M (18.4% of revenue) and net earnings $41.0M.