Filing Flows › Sunstone Hotel Investors (SHO) › Q2 2026 › vs Q1 2026
Sunstone Hotel Investors (SHO) Q2 2026 vs Q1 2026 (quarter over quarter)
Sunstone Hotel Investors's revenue rose $17.4M (+7%) from $260M in Q1 2026 to $277M in Q2 2026. The biggest changes: Room +$7.2M (+4%); Other operating +$5.6M (+23%); Food and beverage +$4.6M (+6%). Operating margin 9.5% against 7.2% (+2.3 pts).
Sunstone Hotel Investors, Q2 2026: revenue $277M (+7% year over year), operating margin 9.5%, net earnings $25.9M, operating cash flow $62.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 9.5% | 7.2% | +2.3 pts |
| Net margin | 9.3% | 6.1% | +3.2 pts |
| Free cash flow margin | 14.3% | 5.6% | +8.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Room | $168M | $161M | $7.2M | +4% |
| Food and beverage | $78.9M | $74.3M | $4.6M | +6% |
| Other operating | $29.9M | $24.4M | $5.6M | +23% |
| Revenue | $277M | $260M | $17.4M | +7% |
| Operating profit | $26.2M | $18.7M | $7.5M | +40% |
| Costs & expenses | $251M | $241M | $9.9M | +4% |
| Pre-tax earnings | $26.2M | $18.7M | $7.5M | +40% |
| General & admin | $8.8M | $6.8M | $1.9M | +28% |
| Other operating costs | $242M | $234M | $7.9M | +3% |
| Net earnings | $25.9M | $15.9M | $10.0M | +63% |
| Minority interests | $162K | $2.7M | −$2.5M | -94% |
| Income tax | $187K | $122K | $65K | +53% |
| Depreciation & amortization | $34.3M | $34.2M | $83K | +0.2% |
| Share-based compensation | $3.6M | $1.9M | $1.7M | +88% |
| Working capital & other | $1.7M | $6.5M | −$4.8M | -74% |
| Operating cash flow | $62.0M | $45.4M | $16.6M | +36% |
| Free cash flow (OCF − capex) | $39.6M | $14.4M | $25.2M | +175% |
| Capital expenditures | $22.4M | $31.0M | −$8.7M | -28% |
Questions
How much did Sunstone Hotel Investors's revenue grow quarter over quarter in Q2 2026?
Sunstone Hotel Investors's revenue rose $17.4M (+7%) from $260M in Q1 2026 to $277M in Q2 2026.
What drove Sunstone Hotel Investors's revenue change in Q2 2026?
Room +$7.2M (+4%); Other operating +$5.6M (+23%); Food and beverage +$4.6M (+6%).