Filing Flows › DiamondRock Hospitality (DRH) › Q3 2026
DiamondRock Hospitality (DRH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
DiamondRock Hospitality (DRH) reported revenue of $298M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -6% from the quarter before. Operating margin was 17.2%, net earnings $33.4M (11.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $298M | -6% | +4% |
| Operating profit | $51.1M | -30% | +17% |
| Net earnings | $33.4M | -63% | +48% |
| Operating cash flow | $72.7M | -9% | -2% |
| Free cash flow | $53.8M | -11% | -2% |
What changed
Revenue was $297.6M in Q3 2026, up 4% year over year and down 6% from the previous quarter. Rooms was the largest line at 66% of revenue. Rooms added $6.4M year over year (up 3%), 52% of the total change.
Operating profit was $51.1M, a 17.2% margin (up 1.8 points year over year). Of the extra revenue versus Q3 2025, 60% reached operating profit, above the 15% margin then. Total costs grew 2% against revenue growth of 4%. The fastest-growing cost line was General & admin (+28%). Net earnings were $33.3M, up 48% year over year. The effective tax rate was 10.9%.
Operating cash flow was $72.7M (down 2% year over year), 218% of net earnings. Non-cash charges added back $28.5M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $8.2M. Capital expenditures of $19.0M left free cash flow of $53.8M.
Questions
What was DiamondRock Hospitality's revenue in the third quarter 2026?
DiamondRock Hospitality (DRH) reported revenue of $298M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -6% from the quarter before.
Was DiamondRock Hospitality profitable in the third quarter 2026?
Operating profit was $51.1M (17.2% of revenue) and net earnings $33.4M.