Filing Flows › Sunstone Hotel Investors (SHO) › Q2 2026 › vs Q2 2025
Sunstone Hotel Investors (SHO) Q2 2026 vs Q2 2025 (year over year)
Sunstone Hotel Investors's revenue rose $17.3M (+7%) from $260M in Q2 2025 to $277M in Q2 2026. The biggest changes: Room +$12.2M (+8%); Other operating +$4.2M (+16%); Food and beverage +$878K (+1%). Operating margin 9.5% against 4.2% (+5.3 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.5% | 4.2% | +5.3 pts |
| Net margin | 9.3% | 2.6% | +6.7 pts |
| Free cash flow margin | 14.3% | 11.9% | +2.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Room | $168M | $156M | $12.2M | +8% |
| Food and beverage | $78.9M | $78.0M | $878K | +1% |
| Other operating | $29.9M | $25.7M | $4.2M | +16% |
| Revenue | $277M | $260M | $17.3M | +7% |
| Operating profit | $26.2M | $10.8M | $15.4M | +142% |
| Costs & expenses | $251M | $249M | $1.9M | +0.8% |
| Pre-tax earnings | $26.2M | $10.8M | $15.4M | +142% |
| General & admin | $8.8M | $8.3M | $414K | +5% |
| Other operating costs | $242M | $241M | $1.5M | +0.6% |
| Net earnings | $25.9M | $6.8M | $19.1M | +281% |
| Minority interests | $162K | $4.0M | −$3.8M | -96% |
| Income tax | $187K | $37K | $150K | +405% |
| Depreciation & amortization | $34.3M | $34.1M | $135K | +0.4% |
| Share-based compensation | $3.6M | $2.8M | $785K | +28% |
| Working capital & other | $1.7M | −$15.1M | $16.7M | — |
| Operating cash flow | $62.0M | $58.7M | $3.3M | +6% |
| Free cash flow (OCF − capex) | $39.6M | $30.9M | $8.8M | +28% |
| Capital expenditures | $22.4M | $27.9M | −$5.5M | -20% |
Questions
How much did Sunstone Hotel Investors's revenue grow year over year in Q2 2026?
Sunstone Hotel Investors's revenue rose $17.3M (+7%) from $260M in Q2 2025 to $277M in Q2 2026.
What drove Sunstone Hotel Investors's revenue change in Q2 2026?
Room +$12.2M (+8%); Other operating +$4.2M (+16%); Food and beverage +$878K (+1%).