Filing Flows › Xenia Hotels & Resorts (XHR) › Q3 2025
Xenia Hotels & Resorts (XHR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Xenia Hotels & Resorts (XHR) reported revenue of $236M for the third quarter 2025 (Q3 2025), -0.2% from a year earlier and -18% from the quarter before. Operating margin was 2.0%, net loss $14.5M (6.1% of revenue).
Xenia Hotels & Resorts, Q3 2025: revenue $236M (-0.2% year over year), operating margin 2.0%, net loss $14.5M, operating cash flow $64.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $236M | -18% | -0.2% |
| Operating profit | $4.7M | -88% | — |
| Net earnings | −$14.5M | -126% | — |
| Operating cash flow | $64.0M | +76% | +25% |
| Free cash flow | $44.2M | +148% | +924% |
What changed
Revenue was $236.4M in Q3 2025, roughly flat year over year and down 18% from the previous quarter. Occupancy was the largest line at 57% of revenue. Occupancy lost $5.4M year over year (down 4%), 1378% of the total change.
Operating profit was $4.7M, a 2.0% margin (down 1.2 points year over year). Total costs grew 1% against flat revenue. The fastest-growing cost line was General & admin (+12%). The quarter ended with a net loss of $14.5M, after a profit of $58.6M the previous quarter. Minority interests bore $790K of it: to shareholders the quarter was a loss of $13.7M. Net interest and other expense of $19.9M was the main reason.
Operating cash flow was $64.0M (up 25% year over year). Non-cash charges added back $32.6M of depreciation and $3.3M of share-based compensation. Working capital and other items added $42.7M. Capital expenditures of $19.9M left free cash flow of $44.2M.
Questions
What was Xenia Hotels & Resorts' revenue in the third quarter 2025?
Xenia Hotels & Resorts (XHR) reported revenue of $236M for the third quarter 2025 (Q3 2025), -0.2% from a year earlier and -18% from the quarter before.
Was Xenia Hotels & Resorts profitable in the third quarter 2025?
Operating profit was $4.7M (2.0% of revenue) and net loss $14.5M.