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Procaccianti Hotel REIT (PRXA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

Procaccianti Hotel REIT (PRXA) reported revenue of $11.8M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +29% from the quarter before. Operating margin was 37.5%, net earnings $2.7M (22.6% of revenue).

Revenue$11.8M
Year over year+6%
Quarter over quarter+29%
Operating margin37.5%
Net earnings$2.7M

Procaccianti Hotel REIT, Q3 2025: revenue $11.8M (+6% year over year), operating margin 37.5%, net earnings $2.7M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$11.8M+29%+6%
Operating profit$4.4M+84%+16%
Net earnings$2.7M+124%+7%
Operating cash flow$3.2M-8%+30%
Free cash flow$3.0M-7%+36%

What changed

Revenue was $11.8M in Q3 2025, up 6% year over year and up 29% from the previous quarter. Rooms was the largest line at 86% of revenue. Rooms added $377K year over year (up 4%), 59% of the total change.

Operating profit was $4.4M, a 37.5% margin (up 3.3 points year over year). Of the extra revenue versus a year earlier, 95% reached operating profit, above the 34% margin then. Total costs grew 0% against revenue growth of 6%. The fastest-growing cost line was General & admin (+17%). Net earnings were $2.7M, up 7% year over year. The effective tax rate was 16.2%.

Operating cash flow was $3.2M (up 30% year over year), 115% of net income including minority interests. Non-cash charges added back $1.0M of depreciation and amortization. Working capital and other items used $543K. Capital expenditures of $269K left free cash flow of $3.0M.

Questions

What was Procaccianti Hotel REIT's revenue in the third quarter 2025?

Procaccianti Hotel REIT (PRXA) reported revenue of $11.8M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +29% from the quarter before.

Was Procaccianti Hotel REIT profitable in the third quarter 2025?

Operating profit was $4.4M (37.5% of revenue) and net earnings $2.7M.

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Source: Procaccianti Hotel REIT 10-Q on SEC EDGAR.