Apple Hospitality REIT (APLE) Operating Expenses (2010 - 2026)
Apple Hospitality REIT's (APLE) quarterly Operating Expenses came in at $289.7 million in Q1 2026, up 3.33% year-on-year from $280.4 million in Q1 2025, and up 2.73% on a QoQ basis from $282.0 million in Q4 2025.
Apple Hospitality REIT (APLE) Operating Expenses (2010 - 2026) Analysis & Trends
Apple Hospitality REIT (APLE) has 17 years of Operating Expenses data on file, last reported at $289.7 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 3.33% year-over-year to $289.7 million in Q1 2026; TTM through Mar 2026 was $1.2 billion, a 1.19% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 0.8% from the prior year.
- Operating Expenses for Q1 2026 stood at $289.7 million, up from $282.0 million in the prior quarter.
- Over the last five years, Operating Expenses for APLE reached as high as $305.8 million in Q3 2025 and fell as low as $227.6 million in Q1 2022.
- Historically, Operating Expenses has averaged $279.2 million across 5 years, with a median of $281.6 million in 2022.
- Across the five-year window, Operating Expenses climbed 26.58% in 2022 and slipped 2.87% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $281.6 million in 2022, then declined by 2.87% to $273.5 million in 2023, then increased by 4.06% to $284.7 million in 2024, then dropped by 0.93% to $282.0 million in 2025, then climbed by 2.73% to $289.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $289.7 million in Q1 2026, $282.0 million in Q4 2025, and $305.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.74 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.91 Bn | 2.69 Bn | 516.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.59 Bn | 2.56 Bn | 215.84 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.19 Bn | 2.03 Bn | 259.54 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 2.15 Bn | 2.05 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.94 Bn | 1.91 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.80 Bn | 1.78 Bn | - | 312.17 Mn |
| 9 | Service Properties Trust | 1.42 Bn | 1.40 Bn | 21.93 Mn | 365.33 Mn |
| 10 | Summit Hotel Properties | 730.53 Mn | 1.08 Bn | 148.71 Mn | 170.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 289.73 Mn |
| Dec 31, 2025 | 282.02 Mn |
| Sep 30, 2025 | 305.76 Mn |
| Jun 30, 2025 | 299.52 Mn |
| Mar 31, 2025 | 280.40 Mn |
| Dec 31, 2024 | 284.66 Mn |
| Sep 30, 2024 | 301.12 Mn |
| Jun 30, 2024 | 297.01 Mn |
| Mar 31, 2024 | 275.66 Mn |
| Dec 31, 2023 | 273.55 Mn |
| Sep 30, 2023 | 281.97 Mn |
| Jun 30, 2023 | 278.60 Mn |
| Mar 31, 2023 | 262.21 Mn |
| Dec 31, 2022 | 281.63 Mn |
| Sep 30, 2022 | 267.53 Mn |
| Jun 30, 2022 | 256.92 Mn |
| Mar 31, 2022 | 227.64 Mn |
| Dec 31, 2021 | 222.50 Mn |
| Sep 30, 2021 | 229.36 Mn |
| Jun 30, 2021 | 207.55 Mn |