Filing Flows › Sunstone Hotel Investors (SHO) › Q2 2026
Sunstone Hotel Investors (SHO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Sunstone Hotel Investors (SHO) reported revenue of $277M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +7% from the quarter before. Operating margin was 9.5%, net earnings $25.9M (9.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $277M | +7% | +7% |
| Operating profit | $26.2M | +40% | +142% |
| Net earnings | $25.9M | +63% | +281% |
| Operating cash flow | $62.0M | +36% | +6% |
| Free cash flow | $39.6M | +175% | +28% |
What changed
Revenue was $277.1M in Q2 2026, up 7% year over year and up 7% from the previous quarter. Room was the largest line at 61% of revenue. Room added $12.2M year over year (up 8%), 70% of the total change.
Operating profit was $26.2M, a 9.5% margin (up 5.3 points year over year). Of the extra revenue versus Q2 2025, 89% reached operating profit, above the 4% margin then. Total costs grew 1% against revenue growth of 7%. Net earnings were $25.9M, up 281% year over year. The effective tax rate was 0.7%.
Operating cash flow was $62.0M (up 6% year over year), 238% of net earnings. Non-cash charges added back $34.3M of depreciation and amortization and $3.6M of share-based compensation. Capital expenditures of $22.4M left free cash flow of $39.6M.
Questions
What was Sunstone Hotel Investors' revenue in the second quarter 2026?
Sunstone Hotel Investors (SHO) reported revenue of $277M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +7% from the quarter before.
Was Sunstone Hotel Investors profitable in the second quarter 2026?
Operating profit was $26.2M (9.5% of revenue) and net earnings $25.9M.