Filing Flows › RLJ Lodging Trust (RLJ) › Q3 2026
RLJ Lodging Trust (RLJ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
RLJ Lodging Trust (RLJ) reported revenue of $354M for the third quarter 2026 (Q3 2026), +7% from a year earlier and -7% from the quarter before. Operating margin was 1.4%, net earnings $4.6M (1.3% of revenue).
RLJ Lodging Trust, Q3 2026: revenue $354M (+7% year over year), operating margin 1.4%, net earnings $4.6M, operating cash flow $69.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $354M | -7% | +7% |
| Operating profit | $4.9M | -85% | — |
| Net earnings | $4.6M | -85% | — |
| Operating cash flow | $69.0M | -40% | +9% |
| Free cash flow | $41.8M | -55% | +25% |
What changed
Revenue was $354.5M in Q3 2026, up 7% year over year and down 7% from the previous quarter. Room Revenue was the largest line at 81% of revenue. Room Revenue added $21.0M year over year (up 8%), 86% of the total change.
Operating profit was $4.9M, a 1.4% margin (up 2.4 points year over year). Total costs grew 5% against revenue growth of 7%. The fastest-growing cost line was General & admin (+13%). Net earnings were $4.6M. The effective tax rate was 6.0%.
Operating cash flow was $69.0M (up 9% year over year), 1507% of net earnings. Non-cash charges added back $47.7M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items added $12.0M. Capital expenditures of $27.1M left free cash flow of $41.8M.
Questions
What was RLJ Lodging Trust's revenue in the third quarter 2026?
RLJ Lodging Trust (RLJ) reported revenue of $354M for the third quarter 2026 (Q3 2026), +7% from a year earlier and -7% from the quarter before.
Was RLJ Lodging Trust profitable in the third quarter 2026?
Operating profit was $4.9M (1.4% of revenue) and net earnings $4.6M.
Source: RLJ Lodging Trust 10-Q on SEC EDGAR.