Filing Flows › Ryman Hospitality Properties (RHP) › Q2 2026
Ryman Hospitality Properties (RHP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Ryman Hospitality Properties (RHP) reported revenue of $749M for the second quarter 2026 (Q2 2026), +14% from a year earlier and +13% from the quarter before. Operating margin was 23.3%, net earnings $92.8M (12.4% of revenue).
Ryman Hospitality Properties, Q2 2026: revenue $749M (+14% year over year), operating margin 23.3%, net earnings $92.8M, operating cash flow $153M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $749M | +13% | +14% |
| Operating profit | $175M | +27% | +25% |
| Net earnings | $92.8M | +32% | +29% |
| Operating cash flow | $153M | -10% | +25% |
| Free cash flow | $25.2M | -55% | -52% |
What changed
Revenue was $749.0M in Q2 2026, up 14% year over year and up 13% from the previous quarter. Hotel Food and Beverage Banquets was the largest line at 28% of revenue. Hotel Food and Beverage Banquets added $38.7M year over year (up 22%), 43% of the total change. Entertainment Admissions and Ticketing declined 6%.
Operating profit was $174.5M, a 23.3% margin (up 2.2 points year over year). Of the extra revenue versus Q2 2025, 39% reached operating profit, above the 21% margin then. Total costs grew 10% against revenue growth of 14%. The fastest-growing cost line was Cost of revenue (+16%). Net earnings were $92.8M, up 29% year over year. The effective tax rate was 10.6%.
Operating cash flow was $152.7M (up 25% year over year), 150% of net income including minority interests. Non-cash charges added back $77.1M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $30.3M. Capital expenditures of $127.5M left free cash flow of $25.2M.
Questions
What was Ryman Hospitality Properties' revenue in the second quarter 2026?
Ryman Hospitality Properties (RHP) reported revenue of $749M for the second quarter 2026 (Q2 2026), +14% from a year earlier and +13% from the quarter before.
Was Ryman Hospitality Properties profitable in the second quarter 2026?
Operating profit was $175M (23.3% of revenue) and net earnings $92.8M.