For the quarter ending 2026-03-31, INN made $185,053K in revenue. -$5,814K in net income. Net profit margin of -3.14%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 185,053 | 176,038* | - | - |
| Cost of goods and services sold-Occupancy | 36,347 | 37,860* | - | - |
| Cost of goods and services sold-Food And Beverage | 8,520 | 8,233* | - | - |
| Cost of goods and services sold-Hotel Other | 58,650 | 67,802* | - | - |
| Property taxes, insurance and other | 13,884 | 14,758* | - | - |
| Management fees | 4,221 | 2,275* | - | - |
| Depreciation and amortization | 36,774 | 37,920* | - | - |
| Corporate general and administrative | 8,845 | 7,103* | - | - |
| Transaction costs | - | 0* | - | - |
| Loss on write-down of assets | 3,641 | 458* | - | - |
| Recovery of credit losses | - | 0* | - | - |
| Total expenses | 170,882 | 176,410* | - | - |
| (loss) gain on disposal of assets, net | -40 | 6,576* | - | - |
| Operating income | 14,131 | 6,204* | - | - |
| Interest expense | 20,450 | 3,068* | - | - |
| Interest income | 246 | 350* | - | - |
| Gain on extinguishment of debt | - | 0* | - | - |
| Other income, net | 1,052 | -696* | - | - |
| Total other expense, net | -19,152 | -3,414* | - | - |
| (loss) income from continuing operations before income taxes | -5,021 | 2,790* | - | - |
| Net (loss) income | - | - | -11,760 | 2,037 |
| Distributions to and accretion on redeemable non-controlling interests | - | - | 656 | 657 |
| Preferred dividends | - | - | 3,968 | 3,968 |
| Losses attributable to non-controlling interests in joint ventures | - | - | -3,565 | -769 |
| Dividends paid on unvested time-based restricted stock | - | - | 113 | 117 |
| Allocation of loss (income) to participating securities | - | - | -1,415 | -210 |
| Numerator for (loss) income per common stockholder - basic | - | - | -11,517 | -1,726 |
| Income tax expense (note 13) | 892 | -1,420* | - | - |
| Interest rate effect on assumed conversion of convertible debt | - | - | 0 | - |
| Net (loss) income | -5,913 | 4,210* | - | - |
| Allocation of income to participating securities | - | - | 0 | 0 |
| Less - (loss) income attributable to non-controlling interests | -99 | -8,650* | - | - |
| Numerator for (loss) income per common stockholder - diluted | - | - | -11,517 | -1,726 |
| Net (loss) income attributable to summit hotel properties, inc. before preferred dividends and distributions | - | 12,860 | - | - |
| Net loss attributable to summit hotel properties, inc. before preferred dividends | -5,814 | - | - | - |
| Basic EPS | -0.1 | 0.121 | -0.11 | -0.02 |
| Diluted EPS | -0.1 | 0.121 | -0.11 | -0.02 |
| Basic Average Shares | 105,720,000 | 105,870,000 | 105,889,000 | 107,633,000 |
| Diluted Average Shares | 105,720,000 | 105,870,000 | 105,889,000 | 107,633,000 |
Summit Hotel Properties, Inc. (INN)
Summit Hotel Properties, Inc. (INN)