ASHFORD HOSPITALITY TRUST INCAHTEarnings & Financial Report
NYSE
NextMar 31, 2026
AHT Q3 2025 Key Financial Metrics
Revenue
$266.1M
Gross Profit
N/A
Operating Profit
$12.2M
Net Profit
$-60.1M
Gross Margin
N/A
Operating Margin
4.6%
Net Margin
-22.6%
YoY Growth
-3.8%
EPS
$-11.35
Financial Flow
ASHFORD HOSPITALITY TRUST INC Q3 2025 Financial Summary
ASHFORD HOSPITALITY TRUST INC reported revenue of $266.1M for Q3 2025, with a net profit of $-60.1M (-22.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $266.1M |
|---|---|
| Net Profit | $-60.1M |
| Gross Margin | N/A |
| Operating Margin | 4.6% |
| Report Period | Q3 2025 |
ASHFORD HOSPITALITY TRUST INC Annual Revenue by Year
ASHFORD HOSPITALITY TRUST INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.2B |
| 2023 | $1.4B |
| 2022 | $1.2B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $319.9M | $303.9M | $316.5M | $276.6M | $275.5M | $277.4M | $302.0M | $266.1M |
| YoY Growth | 0.8% | -7.6% | -15.8% | -19.4% | -13.9% | -8.7% | -4.6% | -3.8% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.46B | $3.54B | $3.35B | $3.27B | $3.16B | $3.08B | $3.06B | $3.01B |
| Liabilities | $3.69B | $3.67B | $3.40B | $3.36B | $3.37B | $3.30B | $3.31B | $3.31B |
| Equity | $-345.9M | $-276.8M | $-225.9M | $-288.4M | $-419.2M | $-446.1M | $-485.5M | $-548.7M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-21.7M | $-46.5M | $8.0M | $795000 | $14.1M | $-25.0M | $16.3M | $5.5M |