Filing Flows › Service Properties Trust (SVC) › Q3 2026
Service Properties Trust (SVC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Service Properties Trust (SVC) reported revenue of $400M for the third quarter 2026 (Q3 2026), -17% from a year earlier and -5% from the quarter before. Operating margin was -0.1%, net loss $87.9M (22.0% of revenue).
Service Properties Trust, Q3 2026: revenue $400M (-17% year over year), operating margin -0.1%, net loss $87.9M, operating cash flow $88.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $400M | -5% | -17% |
| Operating profit | −$314K | — | -101% |
| Net earnings | −$87.9M | — | — |
| Operating cash flow | $88.4M | +970% | -10% |
| Free cash flow | $55.2M | — | -5% |
What changed
Revenue was $399.5M in Q3 2026, down 17% year over year and down 5% from the previous quarter.
Operating costs exceeded revenue by $314K, an operating margin of -0.1%. Total costs fell 11% while revenue fell 17%. The fastest-growing cost line was Other operating costs (+23%). The quarter ended with a net loss of $87.9M, narrower than the previous quarter's $223.8M loss. Net interest and other expense of $87.0M was the main reason.
Operating cash flow was $88.4M (down 10% year over year). Non-cash charges added back $72.2M of depreciation and amortization. Working capital and other items added $104.2M. Capital expenditures of $33.2M left free cash flow of $55.2M.
Questions
What was Service Properties Trust's revenue in the third quarter 2026?
Service Properties Trust (SVC) reported revenue of $400M for the third quarter 2026 (Q3 2026), -17% from a year earlier and -5% from the quarter before.
Was Service Properties Trust profitable in the third quarter 2026?
Operating loss was $314K (-0.1% of revenue) and net loss $87.9M.