Service Properties Trust (SVC) 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 | 362.22M | 397.45M | 478.77M | 503.44M | 435.18M | 456.56M | 491.17M | 512.95M | 436.25M | 444.05M | 496.82M | 503.78M | 429.21M | 455.22M | 498.25M | 515.78M | 393.76M | 421.38M | 437.1M | 375.94M |
| Revenue Growth % | -16.77% | -12.95% | -2.52% | -1.85% | -0.25% | 2.82% | -1.14% | 1.82% | 1.64% | -2.45% | -0.29% | -2.33% | 9% | 8.03% | 13.99% | 37.2% | 50.77% | 56.04% | 47.42% | 74.9% |
| Property Operating Expenses | 400.51M | 268.73M | 333.59M | 334.35M | 311.47M | 317.63M | 45.14M | 333.2M | 309.81M | 298.52M | 322.55M | 314.4M | 304.36M | 306.73M | 318.27M | 325.94M | 291.52M | 322.8M | 285.23M | 243.18M |
| Net Operating Income (NOI) | -38.3M | 128.73M | 145.18M | 169.08M | 123.71M | 138.93M | 446.03M | 179.74M | 126.44M | 145.53M | 174.27M | 189.38M | 124.85M | 148.49M | 179.99M | 189.84M | 102.24M | 98.58M | 151.87M | 132.75M |
| NOI Margin % | -10.57% | 32.39% | 30.32% | 33.59% | 28.43% | 30.43% | 90.81% | 35.04% | 28.98% | 32.77% | 35.08% | 37.59% | 29.09% | 32.62% | 36.12% | 36.81% | 25.97% | 23.39% | 34.74% | 35.31% |
| Operating Expenses | -68.02M | 86.22M | 85.51M | 85.25M | 98.66M | 102.58M | 283.4M | 106.36M | 103.61M | 11.22M | 174.27M | 12.42M | 10.91M | 8.66M | 11.29M | 12.66M | 11.99M | 12.6M | 142.83M | 139.53M |
| G&A Expenses | 0 | 9.84M | 11.06M | 10.22M | 9.56M | 8.58M | 10.47M | 10.68M | 10.51M | 11.22M | 10.85M | 12.42M | 10.91M | 8.66M | 11.29M | 12.66M | 11.99M | 12.6M | 14.23M | 13.95M |
| EBITDA | 105.57M | 118.89M | 134.12M | 158.87M | 114.16M | 130.35M | 251.64M | 169.06M | 115.94M | 229.27M | 168.54M | 271.53M | 213.98M | 234.79M | 270.21M | 277.69M | 194.37M | 201.74M | 133.2M | 114.9M |
| EBITDA Margin % | 29.15% | 29.91% | 28.01% | 31.56% | 26.23% | 28.55% | 51.23% | 32.96% | 26.58% | 51.63% | 33.92% | 53.9% | 49.85% | 51.58% | 54.23% | 53.84% | 49.36% | 47.88% | 30.47% | 30.56% |
| Depreciation & Amortization | 75.84M | 76.38M | 74.45M | 75.03M | 89.1M | 94M | 89M | 95.67M | 93.11M | 94.95M | 94.5M | 94.57M | 100.04M | 94.96M | 101.51M | 100.52M | 104.11M | 115.76M | 124.16M | 121.68M |
| D&A / Revenue % | 20.94% | 19.22% | 15.55% | 14.9% | 20.47% | 20.59% | 18.12% | 18.65% | 21.34% | 21.38% | 19.02% | 18.77% | 23.31% | 20.86% | 20.37% | 19.49% | 26.44% | 27.47% | 28.41% | 32.37% |
| Operating Income | 29.73M | 42.51M | 59.67M | 83.84M | 25.05M | 36.35M | 162.64M | 73.39M | 22.83M | 134.32M | 0 | 176.96M | 113.94M | 139.83M | 168.69M | 177.18M | 90.25M | 85.98M | 9.04M | -6.78M |
| Operating Margin % | 8.21% | 10.7% | 12.46% | 16.65% | 5.76% | 7.96% | 33.11% | 14.31% | 5.23% | 30.25% | 0% | 35.13% | 26.55% | 30.72% | 33.86% | 34.35% | 22.92% | 20.4% | 2.07% | -1.8% |
| Interest Expense | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -0.55x | 0.86x | - | 0.60x | -0.10x | -0.01x | 0.50x | 0.18x | 0.21x | 0.44x | 0.90x | - | 0.17x | 0.69x | 0.78x | 0.82x | -0.17x | -0.36x | 0.33x | -0.00x |
| Non-Operating Income | 83.18M | -28.77M | 9.27M | 28.23M | 35.18M | 37.31M | 113.45M | 57.61M | 3.45M | 94.95M | -74.05M | 94.57M | 100.04M | 85.8M | 105.03M | 103.7M | 106.38M | 119.66M | -21.5M | -6.52M |
| Pretax Income | -150M | -13.05M | -46.69M | -37.7M | -115.59M | -76.44M | -49.94M | -73.33M | -77.38M | -44.05M | -8.23M | -6.03M | 22.17M | -33.17M | 7.89M | 11.82M | -119.13M | -200.74M | -59.77M | -90.9M |
| Pretax Margin % | -41.41% | -3.28% | -9.75% | -7.49% | -26.56% | -16.74% | -10.17% | -14.3% | -17.74% | -9.92% | -1.66% | -1.2% | 5.17% | -7.29% | 1.58% | 2.29% | -30.25% | -47.64% | -13.67% | -24.18% |
| Income Tax | 1.18M | -12.27M | 253K | 457K | 843K | -52K | -3.04M | 524K | 1.01M | -723K | -2.24M | 5.25M | -3.78M | -1.76M | 390K | 473K | 695K | -1.95M | -55K | 211K |
| Effective Tax Rate % | -0.79% | 94.01% | -0.54% | -1.21% | -0.73% | 0.07% | 6.09% | -0.71% | -1.3% | 1.64% | 27.23% | -87% | -17.05% | 5.3% | 4.94% | 4% | -0.58% | 0.97% | 0.09% | -0.23% |
| Net Income | -151.18M | -782K | -46.95M | -38.16M | -116.44M | -76.39M | -46.9M | -73.85M | -78.38M | -43.32M | -4.13M | -11.28M | 25.95M | -31.41M | 7.5M | 11.35M | -119.82M | -198.79M | -59.71M | -91.11M |
| Net Margin % | -41.74% | -0.2% | -9.81% | -7.58% | -26.76% | -16.73% | -9.55% | -14.4% | -17.97% | -9.76% | -0.83% | -2.24% | 6.05% | -6.9% | 1.51% | 2.2% | -30.43% | -47.18% | -13.66% | -24.24% |
| Net Income Growth % | -29.84% | 98.98% | -0.09% | 48.33% | -48.55% | -76.33% | -1036.17% | -554.81% | -402.05% | -37.93% | -155.04% | -199.37% | 121.66% | 84.2% | 112.56% | 112.46% | 38.55% | -44.32% | 41.82% | -143.94% |
| Funds From Operations (FFO) | -75.33M | 75.6M | 27.51M | 36.87M | -27.34M | 17.61M | 42.1M | 21.82M | 14.72M | 51.63M | 90.37M | 83.29M | 125.99M | 63.55M | 109.01M | 111.87M | -15.71M | -83.03M | 64.45M | 30.57M |
| FFO Margin % | -20.8% | 19.02% | 5.75% | 7.32% | -6.28% | 3.86% | 8.57% | 4.25% | 3.38% | 11.63% | 18.19% | 16.53% | 29.35% | 13.96% | 21.88% | 21.69% | -3.99% | -19.71% | 14.74% | 8.13% |
| FFO Growth % | -175.6% | 329.34% | -34.67% | 68.95% | -285.65% | -65.9% | -53.41% | -73.8% | -88.31% | -18.76% | -17.1% | -25.54% | 902.02% | 176.54% | 69.15% | 265.98% | 77.76% | -406.6% | 229.46% | -66.07% |
| FFO per Share | -0.45 | 0.46 | 0.17 | 0.22 | -0.17 | 0.11 | 0.25 | 0.13 | 0.09 | 0.31 | 0.55 | 0.51 | 0.76 | 0.39 | 0.66 | 0.68 | -0.10 | -0.50 | 0.39 | 0.19 |
| FFO Payout Ratio % | 0% | 0% | 6.07% | 4.52% | -6.09% | 9.46% | 157.48% | 151.91% | 225.17% | 64.22% | 36.62% | 39.73% | 26.26% | 52.07% | 1.51% | 1.48% | -10.51% | -1.99% | 2.56% | 5.39% |
| EPS (Diluted) | -0.91 | -0.00 | -0.28 | -0.23 | -0.70 | -0.46 | -0.28 | -0.45 | -0.47 | -0.26 | -0.03 | -0.07 | 0.16 | -0.18 | 0.03 | 0.07 | -0.72 | -1.21 | -0.36 | -0.55 |
| EPS Growth % | -30% | 98.98% | 0% | 48.89% | -48.94% | -76.92% | -1020% | -557.89% | -393.75% | -44.44% | -187.72% | -199.27% | 122.22% | 85.12% | 107.92% | 112.53% | 39.5% | -44.05% | 41.94% | -139.13% |
| EPS (Basic) | -0.91 | -0.00 | -0.28 | -0.23 | -0.70 | -0.46 | -0.28 | -0.45 | -0.47 | -0.26 | -0.03 | -0.07 | 0.16 | -0.18 | 0.03 | 0.07 | -0.72 | -1.21 | -0.36 | -0.55 |
| Diluted Shares Outstanding | 166.4M | 165.95M | 166.09M | 165.74M | 165.62M | 165.34M | 165.4M | 165.2M | 165.16M | 165.77M | 165.03M | 164.9M | 164.87M | 164.86M | 164.75M | 164.68M | 164.67M | 164.67M | 164.59M | 164.51M |