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
DateValue
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