Filing Flows › Summit Hotel Properties (INN) › Q1 2025
Summit Hotel Properties (INN) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Summit Hotel Properties (INN) reported revenue of $184M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +7% from the quarter before. Operating margin was 10.7%, net earnings $623K (0.3% of revenue).
Summit Hotel Properties, Q1 2025: revenue $184M (-2% year over year), operating margin 10.7%, net earnings $623K, operating cash flow $25.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $184M | +7% | -2% |
| Operating profit | $19.8M | +147% | -16% |
| Net earnings | $623K | -32% | -78% |
| Operating cash flow | $25.9M | -20% | -8% |
| Free cash flow | $10.1M | +130% | +0.9% |
What changed
Revenue was $184.5M in Q1 2025, down 2% year over year and up 7% from the previous quarter. Room was the largest line at 89% of revenue. Room lost $3.7M year over year (down 2%), 101% of the total change.
Operating profit was $19.8M, a 10.7% margin (down 1.7 points year over year). Total costs fell 0% while revenue fell 2%. Net earnings were −$4.8M. The effective tax rate was 54.8%.
Operating cash flow was $25.9M (down 8% year over year), 4149% of net income including minority interests. Non-cash charges added back $37.2M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $13.9M. Capital expenditures of $15.7M left free cash flow of $10.1M.
Questions
What was Summit Hotel Properties' revenue in the first quarter 2025?
Summit Hotel Properties (INN) reported revenue of $184M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +7% from the quarter before.
Was Summit Hotel Properties profitable in the first quarter 2025?
Operating profit was $19.8M (10.7% of revenue) and net earnings $623K.