Filing Flows › Service Properties Trust (SVC) › Q2 2026
Service Properties Trust (SVC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Service Properties Trust (SVC) reported revenue of $421M for the second quarter 2026 (Q2 2026), -16% from a year earlier and +16% from the quarter before. Operating margin was -30.3%, net loss $224M (53.2% of revenue).
Service Properties Trust, Q2 2026: revenue $421M (-16% year over year), operating margin -30.3%, net loss $224M, operating cash flow $8.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $421M | +16% | -16% |
| Operating profit | −$127M | — | -297% |
| Net earnings | −$224M | — | — |
| Operating cash flow | $8.3M | -77% | — |
What changed
Revenue was $421.0M in Q2 2026, down 16% year over year and up 16% from the previous quarter.
Operating costs exceeded revenue by $127.5M, an operating margin of -30.3%. Total costs grew 25% against a revenue fall of 16%. The fastest-growing cost line was Other operating costs (+174%). The quarter ended with a net loss of $223.8M, wider than the previous quarter's $151.2M loss.
Operating cash flow was $8.3M. Non-cash charges added back $77.1M of depreciation and amortization. Working capital and other items added $155.0M. Capital expenditures of $27.0M exceeded it, leaving free cash flow of −$18.7M.
Questions
What was Service Properties Trust's revenue in the second quarter 2026?
Service Properties Trust (SVC) reported revenue of $421M for the second quarter 2026 (Q2 2026), -16% from a year earlier and +16% from the quarter before.
Was Service Properties Trust profitable in the second quarter 2026?
Operating loss was $127M (-30.3% of revenue) and net loss $224M.