Filing Flows › DiamondRock Hospitality (DRH) › Q2 2026
DiamondRock Hospitality (DRH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
DiamondRock Hospitality (DRH) reported revenue of $318M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +23% from the quarter before. Operating margin was 23.0%, net earnings $90.8M (28.5% of revenue).
DiamondRock Hospitality, Q2 2026: revenue $318M (+4% year over year), operating margin 23.0%, net earnings $90.8M, operating cash flow $79.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $318M | +23% | +4% |
| Operating profit | $73.3M | +156% | +31% |
| Net earnings | $90.8M | +524% | +121% |
| Operating cash flow | $79.6M | +263% | +8% |
| Free cash flow | $60.1M | 53× | +4% |
What changed
Revenue was $318.3M in Q2 2026, up 4% year over year and up 23% from the previous quarter. Rooms was the largest line at 65% of revenue. Rooms added $9.4M year over year (up 5%), 75% of the total change.
Operating profit was $73.3M, a 23.0% margin (up 4.7 points year over year). Of the extra revenue versus Q2 2025, 137% reached operating profit, above the 18% margin then. Total costs fell 2% while revenue rose 4%. The fastest-growing cost line was General & admin (+10%). Net earnings were $90.5M, up 122% year over year. The effective tax rate was 1.8%. Non-operating items added $19.1M, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $79.6M (up 8% year over year), 88% of net earnings. Non-cash charges added back $28.8M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $43.1M. Capital expenditures of $19.4M left free cash flow of $60.1M.
Questions
What was DiamondRock Hospitality's revenue in the second quarter 2026?
DiamondRock Hospitality (DRH) reported revenue of $318M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +23% from the quarter before.
Was DiamondRock Hospitality profitable in the second quarter 2026?
Operating profit was $73.3M (23.0% of revenue) and net earnings $90.8M.