Filing Flows › Service Properties Trust (SVC) › Q4 2025
Service Properties Trust (SVC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
Service Properties Trust (SVC) reported revenue of $397M for the fourth quarter 2025 (Q4 2025), -13% from a year earlier and -17% from the quarter before. Operating margin was 8.0%, net loss $782K (0.2% of revenue).
Service Properties Trust, Q4 2025: revenue $397M (-13% year over year), operating margin 8.0%, net loss $782K, operating cash flow −$18.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $397M | -17% | -13% |
| Operating profit | $31.9M | +6% | — |
| Net earnings | −$782K | — | — |
| Operating cash flow | −$18.5M | -119% | — |
What changed
Revenue was $397.5M in Q4 2025, down 13% year over year and down 17% from the previous quarter.
Operating profit was $31.9M, a 8.0% margin (up 2.7 points year over year). Total costs fell 15% while revenue fell 13%. The fastest-growing cost line was General & admin (+15%). The quarter ended with a net loss of $782K, narrower than the previous quarter's $46.9M loss. Net interest and other expense of $44.9M was the main reason.
Operating cash flow was −$18.5M. Non-cash charges added back $76.4M of depreciation and amortization. Working capital and other items used $94.1M. Capital expenditures of $76.7M exceeded it, leaving free cash flow of −$95.2M.
Questions
What was Service Properties Trust's revenue in the fourth quarter 2025?
Service Properties Trust (SVC) reported revenue of $397M for the fourth quarter 2025 (Q4 2025), -13% from a year earlier and -17% from the quarter before.
Was Service Properties Trust profitable in the fourth quarter 2025?
Operating profit was $31.9M (8.0% of revenue) and net loss $782K.