Filing Flows › Xenia Hotels & Resorts (XHR) › Q1 2026
Xenia Hotels & Resorts (XHR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Xenia Hotels & Resorts (XHR) reported revenue of $295M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +11% from the quarter before. Operating margin was 14.1%, net earnings $19.8M (6.7% of revenue).
Xenia Hotels & Resorts, Q1 2026: revenue $295M (+2% year over year), operating margin 14.1%, net earnings $19.8M, operating cash flow $45.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $295M | +11% | +2% |
| Operating profit | $41.6M | +56% | +16% |
| Net earnings | $19.8M | +225% | +27% |
| Operating cash flow | $45.0M | +111% | -18% |
| Free cash flow | $29.8M | +443% | +33% |
What changed
Revenue was $295.4M in Q1 2026, up 2% year over year and up 11% from the previous quarter. Occupancy was the largest line at 56% of revenue. Occupancy added $4.5M year over year (up 3%), 69% of the total change.
Operating profit was $41.6M, a 14.1% margin (up 1.7 points year over year). Of the extra revenue versus Q1 2025, 89% reached operating profit, above the 12% margin then. Total costs grew 0% against revenue growth of 2%. Net earnings were $19.8M, up 27% year over year. The effective tax rate was 4.6%.
Operating cash flow was $45.0M (down 18% year over year), 212% of net income including minority interests. Non-cash charges added back $31.9M of depreciation and $2.8M of share-based compensation. Working capital and other items used $10.9M. Capital expenditures of $15.2M left free cash flow of $29.8M.
Questions
What was Xenia Hotels & Resorts' revenue in the first quarter 2026?
Xenia Hotels & Resorts (XHR) reported revenue of $295M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +11% from the quarter before.
Was Xenia Hotels & Resorts profitable in the first quarter 2026?
Operating profit was $41.6M (14.1% of revenue) and net earnings $19.8M.