Summit Hotel Properties, Inc. (INN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 185.05M | 174.96M | 177.12M | 192.92M | 184.48M | 172.93M | 176.81M | 193.9M | 188.14M | 177.44M | 181.82M | 194.49M | 182.38M | 172.33M | 178.25M | 183.25M | 141.87M | 106.86M | 110.69M | 86.52M |
| Revenue Growth % | 0.31% | 1.17% | 0.18% | -0.51% | -1.95% | -2.54% | -2.76% | -0.3% | 3.16% | 2.96% | 2% | 6.14% | 28.56% | 61.26% | 61.04% | 111.79% | 145.22% | 121.57% | 111.18% | 240.16% |
| Property Operating Expenses | 0 | 418.86M | 123M | 124.61M | 118.85M | 114.77M | 116.88M | 120.87M | 119.62M | 115.16M | 119.57M | 123.86M | 119.52M | 110.28M | 117.15M | 114.07M | 95.73M | 71.15M | 71.94M | 61.24M |
| Net Operating Income (NOI) | 185.05M | -243.9M | 54.12M | 68.3M | 65.63M | 58.16M | 59.92M | 73.03M | 68.52M | 62.28M | 62.25M | 70.63M | 62.87M | 62.05M | 61.1M | 69.17M | 46.13M | 35.71M | 38.74M | 25.28M |
| NOI Margin % | 100% | -139.41% | 30.56% | 35.41% | 35.57% | 33.63% | 33.89% | 37.66% | 36.42% | 35.1% | 34.24% | 36.31% | 34.47% | 36.01% | 34.28% | 37.75% | 32.52% | 33.42% | 35% | 29.22% |
| Operating Expenses | 8.85M | -253.75M | 45.54M | 45.62M | 45.8M | 50.12M | 44.17M | 16.82M | 45.03M | 61.85M | 45.77M | 47.19M | 44.66M | 55.32M | 43.87M | 26.08M | 45.41M | 37.16M | 33.72M | 36.91M |
| G&A Expenses | 8.85M | 8.12M | 7.84M | 8.28M | 8.57M | 7.4M | 7.47M | 8.7M | 8.31M | 7.3M | 8.13M | 9.1M | 8.01M | 7.02M | 6.53M | 8.07M | 9.14M | 11.14M | 6.1M | 6.51M |
| EBITDA | 50.91M | 84.56M | 46.22M | 59.94M | 57.06M | 44.51M | 52.46M | 92.67M | 60.29M | 39.05M | 54.36M | 60.95M | 55.11M | 44.43M | 55.36M | 81.15M | 37M | 24.73M | 30.92M | 14.96M |
| EBITDA Margin % | 27.51% | 48.33% | 26.09% | 31.07% | 30.93% | 25.74% | 29.67% | 47.79% | 32.04% | 22.01% | 29.9% | 31.34% | 30.22% | 25.78% | 31.06% | 44.29% | 26.08% | 23.14% | 27.93% | 17.29% |
| Depreciation & Amortization | 36.77M | 74.72M | 37.63M | 37.26M | 37.23M | 36.47M | 36.71M | 36.46M | 36.8M | 38.62M | 37.88M | 37.51M | 36.91M | 37.7M | 38.13M | 38.06M | 36.27M | 26.18M | 25.89M | 26.59M |
| D&A / Revenue % | 19.87% | 42.71% | 21.25% | 19.31% | 20.18% | 21.09% | 20.76% | 18.8% | 19.56% | 21.77% | 20.84% | 19.29% | 20.24% | 21.88% | 21.39% | 20.77% | 25.57% | 24.5% | 23.39% | 30.73% |
| Operating Income | 14.13M | 9.85M | 8.58M | 22.68M | 19.83M | 8.04M | 15.76M | 56.21M | 23.49M | 428K | 16.48M | 23.44M | 18.2M | 6.73M | 17.23M | 43.09M | 724K | -1.45M | 5.02M | -11.63M |
| Operating Margin % | 7.64% | 5.63% | 4.85% | 11.76% | 10.75% | 4.65% | 8.91% | 28.99% | 12.48% | 0.24% | 9.06% | 12.05% | 9.98% | 3.91% | 9.67% | 23.52% | 0.51% | -1.36% | 4.54% | -13.44% |
| Interest Expense | -1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.69x | 0.96x | - | 1.16x | 1.07x | 0.46x | 0.84x | 2.97x | 1.14x | 0.07x | 0.80x | 1.08x | 0.88x | 0.32x | 0.95x | 2.97x | 0.18x | 0.03x | 0.67x | -0.85x |
| Non-Operating Income | 0 | -68.53M | 19K | -1.16M | -1.51M | -1M | -1.45M | -5.69M | -1.14M | -1.04M | -1.14M | -490K | -265K | 472K | 416K | -1.77M | -1.74M | -1.75M | -2.25M | -2.29M |
| Pretax Income | -5.02M | -3.31M | -12.11M | 3.21M | 1.38M | -10.75M | -3.22M | 41.07M | 3.05M | -20.15M | -4.41M | 1.68M | -2.44M | -13.12M | -831K | 29.75M | -10.97M | -10.51M | -3.54M | -20.29M |
| Pretax Margin % | -2.71% | -1.89% | -6.84% | 1.67% | 0.75% | -6.22% | -1.82% | 21.18% | 1.62% | -11.36% | -2.42% | 0.86% | -1.34% | -7.61% | -0.47% | 16.23% | -7.73% | -9.83% | -3.2% | -23.45% |
| Income Tax | -892K | -738K | -352K | 1.18M | 754K | -11.67M | 332K | 2.38M | 217K | 1.12M | 1.36M | 791K | -472K | -1.04M | 210K | 6.44M | -2M | 398K | 695K | 275K |
| Effective Tax Rate % | 17.77% | 22.26% | 2.91% | 36.64% | 54.76% | 108.52% | -10.3% | 5.78% | 7.11% | -5.55% | -30.85% | 47.06% | 19.33% | 7.9% | -25.27% | 21.64% | 18.23% | -3.79% | -19.61% | -1.36% |
| Net Income | -10.44M | -1.91M | -6.68M | 3.01M | -57K | 5.3M | 352K | 35.47M | 2.51M | -11.95M | -814K | 3.87M | -601K | -7.35M | 4.11M | 12.56M | -7.85M | -11.01M | -4.5M | -18.69M |
| Net Margin % | -5.64% | -1.09% | -3.77% | 1.56% | -0.03% | 3.07% | 0.2% | 18.29% | 1.33% | -6.73% | -0.45% | 1.99% | -0.33% | -4.27% | 2.3% | 6.86% | -5.54% | -10.3% | -4.07% | -21.6% |
| Net Income Growth % | -18217.54% | -135.95% | -1996.88% | -91.51% | -102.27% | 144.41% | 143.24% | 816.17% | 517.8% | -62.49% | -119.82% | -69.18% | 92.35% | 33.24% | 191.19% | 167.22% | 74.96% | 74.42% | 86.96% | 62.93% |
| Funds From Operations (FFO) | 26.33M | 72.81M | 30.96M | 40.27M | 37.17M | 41.78M | 37.06M | 71.93M | 39.31M | 26.68M | 37.07M | 41.38M | 36.31M | 30.35M | 42.24M | 50.62M | 28.42M | 15.17M | 21.39M | 7.89M |
| FFO Margin % | 14.23% | 41.62% | 17.48% | 20.88% | 20.15% | 24.16% | 20.96% | 37.1% | 20.89% | 15.04% | 20.39% | 21.28% | 19.91% | 17.61% | 23.7% | 27.63% | 20.03% | 14.19% | 19.32% | 9.12% |
| FFO Growth % | -29.16% | 74.29% | -16.47% | -44.01% | -5.44% | 56.59% | -0.02% | 73.82% | 8.27% | -12.09% | -12.24% | -18.25% | 27.75% | 100.08% | 97.47% | 541.28% | 798.62% | 197.34% | 403.69% | 134.54% |
| FFO per Share | 0.25 | 0.68 | 0.29 | 0.37 | 0.34 | 0.39 | 0.35 | 0.68 | 0.37 | 0.25 | 0.35 | 0.39 | 0.34 | 0.29 | 0.40 | 0.42 | 0.27 | 0.15 | 0.20 | 0.08 |
| FFO Payout Ratio % | 36.55% | 46.89% | 31.09% | 36.15% | 26.79% | 35.01% | 39.04% | 20.31% | 30.47% | 45.51% | 19.83% | 17.74% | 13.51% | 16.06% | 12.25% | 9.88% | 15.15% | 28.4% | 17.53% | 47.56% |
| EPS (Diluted) | -0.10 | -0.06 | -0.11 | -0.02 | -0.04 | -0.21 | -0.04 | 0.23 | 0.02 | -0.11 | -0.01 | 0.04 | -0.02 | -0.11 | -0.01 | 0.19 | -0.09 | -0.11 | -0.04 | -0.18 |
| EPS Growth % | -150% | 73.38% | -172.95% | -106.96% | -268.07% | -90.91% | - | 526.7% | 227.27% | 0% | - | -80.68% | 78.13% | 0% | 77.03% | 205.56% | 71.5% | 73.17% | 86.94% | 62.5% |
| EPS (Basic) | -0.10 | -0.06 | -0.11 | -0.02 | -0.04 | -0.21 | -0.04 | 0.29 | 0.02 | -0.11 | -0.01 | 0.04 | -0.02 | -0.11 | -0.01 | 0.20 | -0.09 | -0.11 | -0.04 | -0.18 |
| Diluted Shares Outstanding | 105.72M | 106.85M | 105.89M | 107.63M | 108.01M | 107.03M | 106.03M | 105.88M | 105.72M | 105.67M | 105.65M | 105.56M | 105.31M | 105.23M | 105.23M | 121.35M | 104.9M | 104.56M | 104.55M | 104.5M |