Filing Flows › Xenia Hotels & Resorts (XHR) › Q4 2025
Xenia Hotels & Resorts (XHR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Xenia Hotels & Resorts (XHR) reported revenue of $266M for the fourth quarter 2025 (Q4 2025), +1% from a year earlier and +12% from the quarter before. Operating margin was 10.1%, net earnings $6.1M (2.3% of revenue).
Xenia Hotels & Resorts, Q4 2025: revenue $266M (+1% year over year), operating margin 10.1%, net earnings $6.1M, operating cash flow $21.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $266M | +12% | +1% |
| Operating profit | $26.7M | +467% | +25% |
| Net earnings | $6.1M | — | — |
| Operating cash flow | $21.4M | -67% | -30% |
| Free cash flow | $5.5M | -88% | -11% |
What changed
Revenue was $265.6M in Q4 2025, up 1% year over year and up 12% from the previous quarter. Occupancy was the largest line at 54% of revenue.
Operating profit was $26.7M, a 10.1% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 143% reached operating profit, above the 8% margin then. Total costs fell 1% while revenue rose 1%. Net earnings were $6.1M. The effective tax rate was -2.8%.
Operating cash flow was $21.4M (down 30% year over year), 336% of net income including minority interests. Non-cash charges added back $32.3M of depreciation and $2.6M of share-based compensation. Working capital and other items used $19.9M. Capital expenditures of $15.9M left free cash flow of $5.5M.
Questions
What was Xenia Hotels & Resorts' revenue in the fourth quarter 2025?
Xenia Hotels & Resorts (XHR) reported revenue of $266M for the fourth quarter 2025 (Q4 2025), +1% from a year earlier and +12% from the quarter before.
Was Xenia Hotels & Resorts profitable in the fourth quarter 2025?
Operating profit was $26.7M (10.1% of revenue) and net earnings $6.1M.