Filing Flows › Summit Hotel Properties (INN) › Q1 2026
Summit Hotel Properties (INN) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Summit Hotel Properties (INN) reported revenue of $185M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and +6% from the quarter before. Operating margin was 7.6%, net loss $5.9M (3.2% of revenue).
Summit Hotel Properties, Q1 2026: revenue $185M (+0.3% year over year), operating margin 7.6%, net loss $5.9M, operating cash flow $28.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $185M | +6% | +0.3% |
| Operating profit | $14.1M | -3% | -29% |
| Net earnings | −$5.9M | — | -1049% |
| Operating cash flow | $28.1M | -2% | +9% |
| Free cash flow | $16.2M | +71% | +60% |
What changed
Revenue was $185.1M in Q1 2026, roughly flat year over year and up 6% from the previous quarter. Room was the largest line at 88% of revenue. Other added $1.3M year over year (up 13%), 221% of the total change. Room declined 1%.
Operating profit was $14.1M, a 7.6% margin (down 3.1 points year over year). Operating profit fell $5.7M even though revenue rose $575K versus Q1 2025, so costs grew faster than sales. Total costs grew 4% against flat revenue. The quarter ended with a net loss of $5.9M, wider than the previous quarter's $2.6M loss. Net interest and other expense of $19.2M was the main reason.
Operating cash flow was $28.1M (up 9% year over year). Non-cash charges added back $36.8M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $4.8M. Capital expenditures of $11.9M left free cash flow of $16.2M.
Questions
What was Summit Hotel Properties' revenue in the first quarter 2026?
Summit Hotel Properties (INN) reported revenue of $185M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and +6% from the quarter before.
Was Summit Hotel Properties profitable in the first quarter 2026?
Operating profit was $14.1M (7.6% of revenue) and net loss $5.9M.