Summit Hotel Properties (INN)
Owns franchised lodging assets leased to taxable REIT subsidiaries and run by third-party managers.
$5.71
After hours−0.00 (−0.09%)
At close$5.72(+0.97%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 182 | 177 | 188 | 194 | 177 | 173 | 184 | 193 | 177 | 175 | 185 | 199 |
| Cost of revenue | 120 | 115 | 120 | 121 | 117 | 115 | 119 | 125 | 123 | 419 | 195 | 126 |
| Gross profit | 62 | 62 | 69 | 73 | 60 | 58 | 66 | 68 | 54 | −244 | −10 | 73 |
| 46 | 62 | 45 | 17 | 44 | 50 | 46 | 46 | 46 | −254 | −28 | 44 | |
| 8 | 7 | 8 | 9 | 7 | 7 | 9 | 8 | 8 | 8 | 9 | 7 | |
| General & administrative | 8 | 7 | 8 | 9 | 7 | 7 | 9 | 8 | 8 | 8 | 9 | 7 |
| Other expenses | 38 | 55 | 37 | 8 | 37 | 43 | 37 | 37 | 38 | −262 | −37 | 36 |
| Operating income | 16 | 0 | 23 | 56 | 16 | 8 | 20 | 23 | 9 | 10 | 18 | 29 |
| −21 | −21 | −20 | −15 | −19 | −19 | −18 | −19 | −21 | −13 | −23 | −20 | |
| Interest income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Interest expense | 22 | 22 | 22 | 21 | 20 | 20 | 20 | 21 | 0 | 82 | 21 | 22 |
| Other non-operating income | −1 | −1 | −1 | −6 | −1 | −1 | −2 | −1 | 0 | −69 | 1 | 1 |
| Income before tax | −4 | −20 | 3 | 41 | −3 | −11 | 1 | 3 | −12 | −3 | −5 | 8 |
| Income tax expense | 1 | 1 | 0 | 2 | 0 | −12 | 1 | 1 | 0 | −1 | 1 | −1 |
| Net income from continuing operations | −6 | −21 | 3 | 39 | −4 | 1 | 1 | 2 | −12 | −3 | −6 | 10 |
| Net income | −1 | −12 | 3 | 35 | 0 | 5 | 0 | 3 | −7 | −2 | −7 | 8 |
| EPS, basic | −$0.01 | −$0.11 | $0.02 | $0.23 | −$0.04 | $0.01 | −$0.04 | $0.03 | −$0.11 | −$0.06 | −$0.10 | $0.04 |
| EPS, diluted | −$0.01 | −$0.11 | $0.02 | $0.23 | −$0.04 | $0.01 | −$0.04 | $0.03 | −$0.11 | −$0.06 | −$0.10 | $0.04 |
| Weighted average shares, basic | 106 | 106 | 106 | 106 | 106 | 106 | 108 | 108 | 106 | 107 | 106 | 105 |
| Weighted average shares, diluted | 106 | 106 | 106 | 106 | 106 | 107 | 108 | 108 | 106 | 107 | 106 | 106 |
| EBITDA | 55 | 40 | 61 | 98 | 54 | 46 | 59 | 61 | 46 | 153 | 53 | 64 |
| Depreciation & amortization | 38 | 39 | 37 | 36 | 37 | 36 | 37 | 37 | 38 | 75 | 37 | 36 |
| EBIT | 18 | 1 | 25 | 62 | 17 | 9 | 21 | 24 | 9 | 78 | 16 | 27 |
