Filing Flows › RLJ Lodging Trust (RLJ) › Q1 2026
RLJ Lodging Trust (RLJ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
RLJ Lodging Trust (RLJ) reported revenue of $340M for the first quarter 2026 (Q1 2026), +4% from a year earlier and +3% from the quarter before. Operating margin was 0.0%, net loss $349K (0.1% of revenue).
RLJ Lodging Trust, Q1 2026: revenue $340M (+4% year over year), operating margin 0.0%, net loss $349K, operating cash flow $26.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $340M | +3% | +4% |
| Operating profit | −$85K | -112% | -102% |
| Net earnings | −$349K | -164% | -111% |
| Operating cash flow | $26.2M | -58% | +61% |
What changed
Revenue was $340.0M in Q1 2026, up 4% year over year and up 3% from the previous quarter. Room Revenue was the largest line at 81% of revenue. Room Revenue added $7.6M year over year (up 3%), 64% of the total change.
Operating costs exceeded revenue by $85K, an operating margin of 0.0%. Total costs grew 5% against revenue growth of 4%. The quarter ended with a net loss of $349K, after a profit of $549K the previous quarter.
Operating cash flow was $26.2M (up 61% year over year). Non-cash charges added back $47.2M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items used $24.3M. Capital expenditures of $28.4M exceeded it, leaving free cash flow of −$2.1M.
Questions
What was RLJ Lodging Trust's revenue in the first quarter 2026?
RLJ Lodging Trust (RLJ) reported revenue of $340M for the first quarter 2026 (Q1 2026), +4% from a year earlier and +3% from the quarter before.
Was RLJ Lodging Trust profitable in the first quarter 2026?
Operating loss was $85K (0.0% of revenue) and net loss $349K.
Source: RLJ Lodging Trust 10-Q on SEC EDGAR.