Filing Flows › Service Properties Trust (SVC) › Q1 2025
Service Properties Trust (SVC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Service Properties Trust (SVC) reported revenue of $435M for the first quarter 2025 (Q1 2025), -0.2% from a year earlier and -5% from the quarter before. Operating margin was -2.8%, net loss $116M (26.8% of revenue).
Service Properties Trust, Q1 2025: revenue $435M (-0.2% year over year), operating margin -2.8%, net loss $116M, operating cash flow $38.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $435M | -5% | -0.2% |
| Operating profit | −$12.1M | — | — |
| Net earnings | −$116M | — | — |
| Operating cash flow | $38.2M | — | — |
What changed
Revenue was $435.2M in Q1 2025, roughly flat year over year and down 5% from the previous quarter.
Operating costs exceeded revenue by $12.1M, an operating margin of -2.8%. Total costs grew 8% against flat revenue. The fastest-growing cost line was Other operating costs (+32%). The quarter ended with a net loss of $116.4M, wider than the previous quarter's $76.4M loss. Net interest and other expense of $103.5M was the main reason.
Operating cash flow was $38.2M. Non-cash charges added back $89.1M of depreciation and amortization. Working capital and other items added $65.5M. Capital expenditures of $61.4M exceeded it, leaving free cash flow of −$23.2M.
Questions
What was Service Properties Trust's revenue in the first quarter 2025?
Service Properties Trust (SVC) reported revenue of $435M for the first quarter 2025 (Q1 2025), -0.2% from a year earlier and -5% from the quarter before.
Was Service Properties Trust profitable in the first quarter 2025?
Operating loss was $12.1M (-2.8% of revenue) and net loss $116M.