Filing Flows › Pebblebrook Hotel Trust (PEB) › Q3 2026
Pebblebrook Hotel Trust (PEB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Pebblebrook Hotel Trust (PEB) reported revenue of $403M for the third quarter 2026 (Q3 2026), +1% from a year earlier and -1% from the quarter before. Operating margin was -6.9%, net loss $54.6M (13.6% of revenue).
Pebblebrook Hotel Trust, Q3 2026: revenue $403M (+1% year over year), operating margin -6.9%, net loss $54.6M, operating cash flow $84.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $403M | -1% | +1% |
| Operating profit | −$27.6M | -148% | — |
| Net earnings | −$54.6M | -332% | — |
| Operating cash flow | $84.9M | -2% | +9% |
| Free cash flow | $69.1M | -6% | +23% |
What changed
Revenue was $402.7M in Q3 2026, up 1% year over year and down 1% from the previous quarter. Room was the largest line at 64% of revenue. Room added $3.6M year over year (up 1%), 91% of the total change.
Operating costs exceeded revenue by $27.6M, an operating margin of -6.9%. Total costs grew 5% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+17%). The quarter ended with a net loss of $54.6M, after a profit of $24.9M the previous quarter.
Operating cash flow was $84.9M (up 9% year over year). Non-cash charges added back $2.6M of share-based compensation. Working capital and other items added $136.9M. Capital expenditures of $15.8M left free cash flow of $69.1M.
Questions
What was Pebblebrook Hotel Trust's revenue in the third quarter 2026?
Pebblebrook Hotel Trust (PEB) reported revenue of $403M for the third quarter 2026 (Q3 2026), +1% from a year earlier and -1% from the quarter before.
Was Pebblebrook Hotel Trust profitable in the third quarter 2026?
Operating loss was $27.6M (-6.9% of revenue) and net loss $54.6M.