Filing Flows › Service Properties Trust (SVC) › Q1 2026
Service Properties Trust (SVC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Service Properties Trust (SVC) reported revenue of $364M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -8% from the quarter before. Operating margin was -0.2%, net loss $151M (41.5% of revenue).
Service Properties Trust, Q1 2026: revenue $364M (-16% year over year), operating margin -0.2%, net loss $151M, operating cash flow $35.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $364M | -8% | -16% |
| Operating profit | −$876K | -103% | — |
| Net earnings | −$151M | — | — |
| Operating cash flow | $35.6M | — | -7% |
What changed
Revenue was $364.5M in Q1 2026, down 16% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $876K, an operating margin of -0.2%. Total costs fell 18% while revenue fell 16%. The quarter ended with a net loss of $151.2M, wider than the previous quarter's $782K loss. Net interest and other expense of $149.1M was the main reason.
Operating cash flow was $35.6M (down 7% year over year). Non-cash charges added back $75.8M of depreciation and amortization. Working capital and other items added $110.9M. Capital expenditures of $49.9M exceeded it, leaving free cash flow of −$14.3M.
Questions
What was Service Properties Trust's revenue in the first quarter 2026?
Service Properties Trust (SVC) reported revenue of $364M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -8% from the quarter before.
Was Service Properties Trust profitable in the first quarter 2026?
Operating loss was $876K (-0.2% of revenue) and net loss $151M.