Filing Flows › Service Properties Trust (SVC) › Q3 2025
Service Properties Trust (SVC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Service Properties Trust (SVC) reported revenue of $479M for the third quarter 2025 (Q3 2025), -3% from a year earlier and -5% from the quarter before. Operating margin was 6.2%, net loss $46.9M (9.8% of revenue).
Service Properties Trust, Q3 2025: revenue $479M (-2% year over year), operating margin 6.2%, net loss $46.9M, operating cash flow $98.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $479M | -5% | -3% |
| Operating profit | $29.9M | -54% | — |
| Net earnings | −$46.9M | — | — |
| Operating cash flow | $98.1M | — | -8% |
| Free cash flow | $57.9M | — | +140% |
What changed
Revenue was $478.8M in Q3 2025, down 3% year over year and down 5% from the previous quarter.
Operating profit was $29.9M, a 6.2% margin (down 2.8 points year over year). Total costs grew 1% against a revenue fall of 3%. The quarter ended with a net loss of $46.9M, wider than the previous quarter's $38.2M loss. Net interest and other expense of $76.6M was the main reason.
Operating cash flow was $98.1M (down 8% year over year). Non-cash charges added back $74.5M of depreciation and amortization. Working capital and other items added $70.6M. Capital expenditures of $40.2M left free cash flow of $57.9M.
Questions
What was Service Properties Trust's revenue in the third quarter 2025?
Service Properties Trust (SVC) reported revenue of $479M for the third quarter 2025 (Q3 2025), -3% from a year earlier and -5% from the quarter before.
Was Service Properties Trust profitable in the third quarter 2025?
Operating profit was $29.9M (6.2% of revenue) and net loss $46.9M.