Short answer
Summit Hotel Properties, Inc. (INN) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $199M (up 3.2% year over year) with net income of $4M.
Q2 2026 key financials · XBRL
- Revenue
- $199M
- +3.2% YoY · +7.5% QoQ
- Net income
- $4M
- +151.7% YoY · +135.1% QoQ
- Operating margin
- 14.5%
- EPS (diluted)
- $0.04
- +300.0% YoY · +140.0% QoQ
Source: XBRL data from the Summit Hotel Properties, Inc. (INN) Q2 2026 10-Q on SEC EDGAR. USD.
Summit Hotel Properties, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 revenue $199.0M vs $192.9M, up 3.2% YoY, led by room revenue growth
- RevPAR $136.06 vs $128.79, up 5.6%; occupancy 76.3% vs 77.7%; ADR $178.42 vs $165.70
- Same-store RevPAR up 5.0%, with ADR up 7.1% despite occupancy declining 1.9%
- Interest expense $22.1M vs $20.6M, up 7.0%, following refinancing of $287.5M convertible notes
- Outlook positive: sustained room-night demand and ADR growth, limited supply growth; risks include elevated labor and operating costs
Risk Factors
- Newly added self-insurance risk triggered by updated quarterly disclosure
- Claims exceeding reserves could increase expenses and weaken financial condition
- Guest-related incidents could drive higher claim frequency, severity, or costs
- Third-party coverage begins only above specified retention levels
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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