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Summit Hotel Properties (INN) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 3, 2026

Summit Hotel Properties (INN) reported revenue of $186M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -7% from the quarter before. Operating margin was 8.8%, net loss $5.2M (2.8% of revenue).

Revenue$186M
Year over year+5%
Quarter over quarter-7%
Operating margin8.8%
Net earnings−$5.2M

Summit Hotel Properties, Q3 2026: revenue $186M (+5% year over year), operating margin 8.8%, net loss $5.2M, operating cash flow $48.3M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$186M-7%+5%
Operating profit$16.3M-43%+90%
Net earnings−$5.2M-239%—
Operating cash flow$48.3M-13%+5%
Free cash flow$29.4M-33%+23%

What changed

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.

Questions

What was Summit Hotel Properties' revenue in the third quarter 2026?

Summit Hotel Properties (INN) reported revenue of $186M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -7% from the quarter before.

Was Summit Hotel Properties profitable in the third quarter 2026?

Operating profit was $16.3M (8.8% of revenue) and net loss $5.2M.

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Source: Summit Hotel Properties 10-Q on SEC EDGAR.