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Summit Hotel Properties (INN) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 3, 2026 · Summit Hotel Properties (INN) Q3 2026 earnings results →
Q3 2026 Revenue up 5% year over year to $186M · 3¢ of every $1 of revenue lost · operating margin 8.8%
Summit Hotel Properties made $186M in Q3 2026 (+5% Y/Y): Room $163M, Other $12.2M, Food and beverage $10.3M. Operating margin 8.8%, net loss $5.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $185.7M in Q3 2026, up 5% year over year and down 7% from the previous quarter. Room was the largest line at 88% of revenue. Room added $6.8M year over year (up 4%), 80% of the total change.
Operating profit was $16.3M, a 8.8% margin (up 3.9 points year over year). Of the extra revenue versus Q3 2025, 90% reached operating profit, above the 5% margin then. Total costs grew 0% against revenue growth of 5%. The quarter ended with a net loss of $5.2M, after a profit of $9.7M the previous quarter. Net interest and other expense of $20.6M was the main reason.
Operating cash flow was $48.3M (up 5% year over year). Non-cash charges added back $36.1M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $15.7M. Capital expenditures of $18.9M left free cash flow of $29.4M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 3, 2026 | $186M | +5% | 8.8% | −$5.2M | $48.3M |
| Q2 2026 | 10-Q | Aug 5, 2026 | $199M | +3% | 14.5% | $3.7M | $55.3M |
| Q1 2026 | 10-Q | Apr 30, 2026 | $185M | +0.3% | 7.6% | −$5.9M | $28.1M |
| Q4 2025 | 10-K | Feb 25, 2026 | $175M | +1% | 8.3% | −$2.6M | $28.5M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $177M | +0.2% | 4.8% | −$11.8M | $45.8M |
| Q2 2025 | 10-Q | Aug 5, 2025 | $193M | -0.5% | 11.8% | $2.0M | $48.8M |
| Q1 2025 | 10-Q | Apr 30, 2025 | $184M | -2% | 10.7% | $623K | $25.9M |
Charts
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🔄Rotation against the market and its industry (RRG)interactive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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About Summit Hotel Properties
Unless the context otherwise requires, all references to “we,” “us,” “our,” or the “Company” refer to Summit Hotel Properties, Inc. and its consolidated subsidiaries. Summit Hotel Properties, Inc. is a self-managed lodging property investment company that was organized on June 30, 2010 as a Maryland corporation. The Company holds both general and limited partnership interests in Summit Hotel OP, LP (the “Operating Partnership”), a Delaware limited partnership also organized on June 30, 2010. We focus on owning lodging properties with efficient operating models that generate strong margins and investment returns. At December 31, 2025, our portfolio consisted of 95 lodging properties with a total of 14,347 guestrooms located in 24 states. We own our properties fee simple, except for six hotel properties which are subject to ground leases.
In its own words, from its 10-K, filed Feb 25, 2026.
Summit Hotel Properties against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +5% against the peers' median +11%. Operating margin: 8.8% against the peers' median 15.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| INN Summit Hotel Properties | Q3 2026 | $186M | +5% | 8.8% |
| WELL Welltower | Q3 2026 | $3.7B | +38% | 9.1% |
| AMT American Tower | Q3 2026 | $2.8B | +2% | 45.6% |
| EQIX Equinix | Q3 2026 | $2.6B | +11% | 23.3% |
| PLD Prologis | Q1 2026 | $2.3B | +7% | 52.7% |
| IRM Iron Mountain | Q3 2026 | $2.0B | +14% | 20.6% |
| DLR Digital Realty Trust | Q3 2026 | $1.9B | +21% | 15.9% |
| WY Weyerhaeuser | Q3 2026 | $1.9B | +8% | 5.4% |
| VTR Ventas | Q3 2026 | $1.8B | +23% | 2.9% |
Source: Summit Hotel Properties 10-Q on SEC EDGAR · CIK 1497645 · Real Estate Investment Trusts
Guidance and outlook
13F: who owns INN and who is buying
More on INN
- How Summit Hotel Properties makes money: revenue by segment
- Summit Hotel Properties next earnings date and what analysts expect
- Summit Hotel Properties stock forecast, price target and fair value
- Who owns Summit Hotel Properties stock: holders, funds and Congress trades
- Summit Hotel Properties guidance and outlook
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Summit Hotel Properties guidance history: guided vs reported
- Summit Hotel Properties operating margin by quarter
- Summit Hotel Properties net income by quarter
- Summit Hotel Properties free cash flow by quarter
- Summit Hotel Properties capital expenditures by quarter
- Summit Hotel Properties Room revenue by quarter
- Summit Hotel Properties Food and beverage revenue by quarter