Braemar Hotels & Resorts Inc.BHREarnings & Financial Report
Braemar Hotels & Resorts Inc. is a publicly traded real estate investment trust focused on owning and operating premium luxury hotel and resort properties primarily across the United States. It caters to upscale leisure travelers, corporate event planners, and premium business guests, generating revenue via accommodation bookings, on-site amenities, and event hosting.
BHR Q4 FY2025 Key Financial Metrics
Revenue
$165.6M
Gross Profit
N/A
Operating Profit
$-12.1M
Net Profit
$-33.6M
Gross Margin
N/A
Operating Margin
-7.3%
Net Margin
-20.3%
YoY Growth
-4.5%
EPS
$-0.67
Braemar Hotels & Resorts Inc. Q4 FY2025 Financial Summary
Braemar Hotels & Resorts Inc. reported revenue of $165.6M (down 4.5% YoY) for Q4 FY2025, with a net profit of $-33.6M (down 80.1% YoY) (-20.3% margin).
Key Financial Metrics
| Total Revenue | $165.6M |
|---|---|
| Net Profit | $-33.6M |
| Gross Margin | N/A |
| Operating Margin | -7.3% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Braemar Hotels & Resorts Inc. Q4 FY2025 revenue of $165.6M breaks down across 3 segments, led by Occupancy at $97.4M (58.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Occupancy | $97.4M | 58.8% |
| Food And Beverage | $45.5M | 27.5% |
| Hotel Other | $22.6M | 13.7% |
Braemar Hotels & Resorts Inc. Revenue by Segment — Quarterly Trend
Braemar Hotels & Resorts Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Occupancy and Food And Beverage) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Occupancy | $97.4M | $85.7M | $109.8M | $136.1M |
| Food And Beverage | $45.5M | $36.6M | $45.6M | $51.8M |
| Hotel Other | $22.6M | $21.2M | $23.7M | $27.9M |
Braemar Hotels & Resorts Inc. Annual Revenue by Year
Braemar Hotels & Resorts Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $704.0M).
Braemar Hotels & Resorts Inc. Quarterly Revenue & Net Profit History
Braemar Hotels & Resorts Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $165.6M | -4.5% | $-33.6M | -20.3% |
| Q3 FY2025 | $143.6M | -3.3% | $5.7M | 4.0% |
| Q2 FY2025 | $179.1M | -4.5% | $-5.5M | -3.1% |
| Q1 FY2025 | $215.8M | -1.5% | $11.0M | 5.1% |
| Q4 FY2024 | $173.3M | -2.4% | $-18.7M | -10.8% |
| Q3 FY2024 | $148.4M | -7.1% | $12.6M | 8.5% |
| Q2 FY2024 | $187.6M | +0.5% | $-11.6M | -6.2% |
| Q1 FY2024 | $219.1M | +1.8% | $15.9M | 7.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $219.1M | $187.6M | $148.4M | $173.3M | $215.8M | $179.1M | $143.6M | $165.6M |
| YoY Growth | 1.8% | 0.5% | -7.1% | -2.4% | -1.5% | -4.5% | -3.3% | -4.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.28B | $2.21B | $2.18B | $2.14B | $2.10B | $2.06B | $2.01B | $1.86B |
| Liabilities | $1.47B | $1.43B | $1.41B | $1.41B | $1.40B | $1.40B | $1.37B | $1.34B |
| Equity | $307.3M | $282.3M | $276.9M | $240.7M | $238.9M | $225.1M | $211.9M | $138.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $36.0M | $24.1M | $9000 | $66.8M | $15.1M | $23.0M | $-5.8M | $40.8M |