Short answer
Summit Hotel Properties, Inc. (INN) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $185M (up 0.3% year over year) with net income of −$11M.
Q1 2026 key financials · XBRL
- Revenue
- $185M
- +0.3% YoY
- Net income
- −$11M
- −1788.9% YoY
- Operating margin
- 7.6%
- EPS (diluted)
- −$0.10
- −150.0% YoY
Source: XBRL data from the Summit Hotel Properties, Inc. (INN) Q1 2026 10-Q on SEC EDGAR. USD.
Summit Hotel Properties, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $185.1M, up $0.6M or 0.3% YoY
- RevPAR $126.37, up 1.1% YoY; occupancy 71.6% vs 72.2%, ADR $176.57 vs $173.06
- Best line other revenue $11.0M, up 13.0%; weakest room revenue $162.6M, down 0.7%
- Same-store RevPAR up 0.2%; labor, royalties, franchise fees and operating costs increased
- Outlook favorable medium- and long-term; near-term headwinds from macroeconomic uncertainty, geopolitical conflict and inflationary pressures
Risk Factors
- Newly added self-insurance risk triggered by coverage structure: claims may exceed reserves and specified retention levels
- Most materially updated risk: guest-related claim frequency, severity, or costs could increase operating expense
- Financial risk: additional uninsured claims could weaken financial condition
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Summit Hotel Properties, Inc. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.