Filing Flows › Procaccianti Hotel REIT (PRXA) › Q2 2026
Procaccianti Hotel REIT (PRXA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Procaccianti Hotel REIT (PRXA) reported revenue of $8.9M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +74% from the quarter before. Operating margin was 23.2%, net earnings $735K (8.3% of revenue).
Procaccianti Hotel REIT, Q2 2026: revenue $8.9M (-3% year over year), operating margin 23.2%, net earnings $735K, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.9M | +74% | -3% |
| Operating profit | $2.1M | — | -14% |
| Net earnings | $735K | — | -38% |
| Operating cash flow | $2.1M | 33× | -40% |
| Free cash flow | $1.7M | — | -45% |
What changed
Revenue was $8.9M in Q2 2026, down 3% year over year and up 74% from the previous quarter. Rooms was the largest line at 86% of revenue. Rooms lost $464K year over year (down 6%), 170% of the total change.
Operating profit was $2.1M, a 23.2% margin (down 3.1 points year over year). Total costs grew 1% against a revenue fall of 3%. Net earnings were $735K, down 38% year over year. The effective tax rate was 0.5%.
Operating cash flow was $2.1M (down 40% year over year), 212% of net income including minority interests. Non-cash charges added back $1.0M of depreciation and amortization. Working capital and other items added $151K. Capital expenditures of $368K left free cash flow of $1.7M.
Questions
What was Procaccianti Hotel REIT's revenue in the second quarter 2026?
Procaccianti Hotel REIT (PRXA) reported revenue of $8.9M for the second quarter 2026 (Q2 2026), -3% from a year earlier and +74% from the quarter before.
Was Procaccianti Hotel REIT profitable in the second quarter 2026?
Operating profit was $2.1M (23.2% of revenue) and net earnings $735K.