Filing Flows › RLJ Lodging Trust (RLJ) › Q2 2026
RLJ Lodging Trust (RLJ) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
RLJ Lodging Trust (RLJ) reported revenue of $383M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +13% from the quarter before. Operating margin was 8.3%, net earnings $31.3M (8.2% of revenue).
RLJ Lodging Trust, Q2 2026: revenue $383M (+6% year over year), operating margin 8.3%, net earnings $31.3M, operating cash flow $115M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $383M | +13% | +5% |
| Operating profit | $31.6M | — | +9% |
| Net earnings | $31.3M | — | +9% |
| Operating cash flow | $115M | +337% | +13% |
| Free cash flow | $93.9M | — | +42% |
What changed
Revenue was $383.0M in Q2 2026, up 5% year over year and up 13% from the previous quarter. Room Revenue was the largest line at 81% of revenue. Room Revenue added $15.7M year over year (up 5%), 79% of the total change.
Operating profit was $31.6M, a 8.3% margin (up 0.3 points year over year). Of the extra revenue versus Q2 2025, 13% reached operating profit, above the 8% margin then. Total costs grew 5% against revenue growth of 5%. The fastest-growing cost line was General & admin (+21%). Net earnings were $31.0M, up 9% year over year. The effective tax rate was 0.9%.
Operating cash flow was $114.6M (up 13% year over year), 366% of net earnings. Non-cash charges added back $47.5M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $31.7M. Capital expenditures of $20.7M left free cash flow of $93.9M.
Questions
What was RLJ Lodging Trust's revenue in the second quarter 2026?
RLJ Lodging Trust (RLJ) reported revenue of $383M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +13% from the quarter before.
Was RLJ Lodging Trust profitable in the second quarter 2026?
Operating profit was $31.6M (8.3% of revenue) and net earnings $31.3M.
Source: RLJ Lodging Trust 10-Q on SEC EDGAR.