Summit Hotel Properties, Inc.INNEarnings & Financial Report
The Ritz-Carlton Hotel Company, LLC is an American multinational company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 108 luxury hotels and resorts in 30 countries and territories with 29,158 rooms, in addition to 46 hotels with 8,755 rooms planned for the future.
INN Q1 FY2026 Key Financial Metrics
Revenue
$185.1M
Gross Profit
N/A
Operating Profit
$14.1M
Net Profit
$-10.4M
Gross Margin
N/A
Operating Margin
7.6%
Net Margin
-5.6%
YoY Growth
0.3%
Summit Hotel Properties, Inc. Q1 FY2026 Financial Summary
Summit Hotel Properties, Inc. reported revenue of $185.1M (up 0.3% YoY) for Q1 FY2026, with a net profit of $-10.4M (down 122.9% YoY) (-5.6% margin).
Key Financial Metrics
| Total Revenue | $185.1M |
|---|---|
| Net Profit | $-10.4M |
| Gross Margin | N/A |
| Operating Margin | 7.6% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Summit Hotel Properties, Inc. Q1 FY2026 revenue of $185.1M breaks down across 2 segments, led by Pro forma room revenue at $162.1M (87.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Pro forma room revenue | $162.1M | 87.6% |
| Pro forma other hotel operations revenue | $22.4M | 12.1% |
Summit Hotel Properties, Inc. Annual Revenue by Year
Summit Hotel Properties, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $729.5M).
Summit Hotel Properties, Inc. Quarterly Revenue & Net Profit History
Summit Hotel Properties, 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 |
|---|---|---|---|---|
| Q1 FY2026 | $185.1M | +0.3% | $-10.4M | -5.6% |
| Q4 FY2025 | $175.0M | +1.2% | $-2.6M | -1.5% |
| Q3 FY2025 | $177.1M | +0.2% | $-11.8M | -6.6% |
| Q2 FY2025 | $192.9M | -0.5% | $2.0M | 1.1% |
| Q1 FY2025 | $184.5M | -1.9% | $623.0K | 0.3% |
| Q4 FY2024 | $172.9M | -2.5% | $916.0K | 0.5% |
| Q3 FY2024 | $176.8M | -2.8% | $-3.6M | -2.0% |
| Q2 FY2024 | $193.9M | -0.3% | $38.7M | 20.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $193.9M | $176.8M | $172.9M | $184.5M | $192.9M | $177.1M | $175.0M | $185.1M |
| YoY Growth | -0.3% | -2.8% | -2.5% | -1.9% | -0.5% | 0.2% | 1.2% | 0.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.87B | $2.84B | $2.90B | $2.90B | $2.87B | $2.85B | $2.78B | $2.75B |
| Liabilities | $1.46B | $1.46B | $1.51B | $1.53B | $1.54B | $1.55B | $1.50B | $1.50B |
| Equity | $931.9M | $911.4M | $909.5M | $920.4M | $895.1M | $875.8M | $862.2M | $840.4M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $50.3M | $55.7M | $166.3M | $25.9M | $48.8M | $45.8M | $149.0M |