Filing Flows › Summit Hotel Properties (INN) › Q3 2025
Summit Hotel Properties (INN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Summit Hotel Properties (INN) reported revenue of $177M for the third quarter 2025 (Q3 2025), +0.2% from a year earlier and -8% from the quarter before. Operating margin was 4.8%, net loss $11.8M (6.6% of revenue).
Summit Hotel Properties, Q3 2025: revenue $177M (+0.2% year over year), operating margin 4.8%, net loss $11.8M, operating cash flow $45.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $177M | -8% | +0.2% |
| Operating profit | $8.6M | -62% | — |
| Net earnings | −$11.8M | -677% | — |
| Operating cash flow | $45.8M | -6% | -18% |
| Free cash flow | $24.0M | -20% | -28% |
What changed
Revenue was $177.1M in Q3 2025, roughly flat year over year and down 8% from the previous quarter. Room was the largest line at 88% of revenue. Food and beverage added $745K year over year (up 8%), 240% of the total change. Room declined 1%.
Operating profit was $8.6M, a 4.8% margin (down 4.1 points year over year). Operating profit fell $7.2M even though revenue rose $310K versus a year earlier, so costs grew faster than sales. Total costs grew 5% against flat revenue. The quarter ended with a net loss of $11.8M, after a profit of $2.0M the previous quarter. Minority interests bore $243K of it: to shareholders the quarter was a loss of $11.5M. Net interest and other expense of $20.7M was the main reason.
Operating cash flow was $45.8M (down 18% year over year). Non-cash charges added back $37.6M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $17.9M. Capital expenditures of $21.8M left free cash flow of $24.0M.
Questions
What was Summit Hotel Properties' revenue in the third quarter 2025?
Summit Hotel Properties (INN) reported revenue of $177M for the third quarter 2025 (Q3 2025), +0.2% from a year earlier and -8% from the quarter before.
Was Summit Hotel Properties profitable in the third quarter 2025?
Operating profit was $8.6M (4.8% of revenue) and net loss $11.8M.