Filing Flows › DiamondRock Hospitality (DRH) › Q3 2026 › vs Q2 2026
DiamondRock Hospitality (DRH) Q3 2026 vs Q2 2026 (quarter over quarter)
DiamondRock Hospitality's revenue fell $20.7M (-6%) from $318M in Q2 2026 to $298M in Q3 2026. The biggest changes: Rooms −$12.2M (-6%); Food and beverage −$8.6M (-11%); Other +$148K (+0.5%). Operating margin 17.2% against 23.0% (-5.9 pts).
DiamondRock Hospitality, Q3 2026: revenue $298M (+4% year over year), operating margin 17.2%, net earnings $33.4M, operating cash flow $72.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 17.2% | 23.0% | -5.9 pts |
| Net margin | 11.2% | 28.5% | -17.3 pts |
| Free cash flow margin | 18.1% | 18.9% | -0.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Rooms | $195M | $208M | −$12.2M | -6% |
| Food and beverage | $72.2M | $80.8M | −$8.6M | -11% |
| Other | $30.0M | $29.8M | $148K | +0.5% |
| Revenue | $298M | $318M | −$20.7M | -6% |
| Operating profit | $51.1M | $73.3M | −$22.2M | -30% |
| Costs & expenses | $246M | $245M | $1.5M | +0.6% |
| Pre-tax earnings | $37.5M | $92.4M | −$54.9M | -59% |
| Other expense, net | $13.6M | −$19.1M | $32.7M | — |
| General & admin | $10.9M | $10.4M | $506K | +5% |
| Other operating costs | $236M | $235M | $1.0M | +0.4% |
| Net earnings | $33.4M | $90.8M | −$57.3M | -63% |
| Income tax | $4.1M | $1.7M | $2.4M | +144% |
| Depreciation & amortization | $28.5M | $28.8M | −$311K | -1% |
| Share-based compensation | $2.6M | $3.1M | −$471K | -15% |
| Working capital & other | $8.2M | −$43.1M | $51.3M | — |
| Operating cash flow | $72.7M | $79.6M | −$6.8M | -9% |
| Free cash flow (OCF − capex) | $53.8M | $60.1M | −$6.4M | -11% |
| Capital expenditures | $19.0M | $19.4M | −$455K | -2% |
Questions
How much did DiamondRock Hospitality's revenue grow quarter over quarter in Q3 2026?
DiamondRock Hospitality's revenue fell $20.7M (-6%) from $318M in Q2 2026 to $298M in Q3 2026.
What drove DiamondRock Hospitality's revenue change in Q3 2026?
Rooms −$12.2M (-6%); Food and beverage −$8.6M (-11%); Other +$148K (+0.5%).