Apple Hospitality REIT (APLE) Operating Expenses (2010 - 2026)
Apple Hospitality REIT (APLE) posted quarterly Operating Expenses of $289.7 million for Q1 2026, up 3.33% year-over-year from $280.4 million in Q1 2025, and up 2.73% quarter-over-quarter from $282.0 million in Q4 2025.
Apple Hospitality REIT (APLE) Operating Expenses (2010 - 2026) Analysis & Trends
Apple Hospitality REIT (APLE) has reported Operating Expenses for 17 consecutive years, with $289.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 3.33% year-over-year to $289.7 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 1.19% YoY), while the FY2025 annual figure was $1.2 billion, up 0.8% from the prior year.
- Operating Expenses climbed to $289.7 million in Q1 2026 per APLE's latest filing, from $282.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $305.8 million in Q3 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses increased 26.58% — and 2023, when it declined 2.87%.
- Apple Hospitality REIT's Operating Expenses stood at $281.6 million in 2022, then slipped by 2.87% to $273.5 million in 2023, then climbed by 4.06% to $284.7 million in 2024, then decreased by 0.93% to $282.0 million in 2025, then gained by 2.73% to $289.7 million in 2026.
- Business Quant data shows APLE's Operating Expenses at $289.7 million in Q1 2026, $282.0 million in Q4 2025, and $305.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.15 Bn | 7.78 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.89 Bn | 3.88 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.17 Bn | 2.90 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.62 Bn | 2.52 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.09 Bn | 1.89 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 2.09 Bn | 1.83 Bn | 154.61 Mn | 349.90 Mn |
| 7 | Xenia Hotels & Resorts | 1.79 Bn | 1.68 Bn | 97.24 Mn | 295.46 Mn |
| 8 | RLJ Lodging Trust | 1.72 Bn | 780.07 Mn | - | 327.47 Mn |
| 9 | Service Properties Trust | 1.04 Bn | 1.03 Bn | 156.32 Mn | 548.44 Mn |
| 10 | Summit Hotel Properties | 645.89 Mn | 608.96 Mn | 138.35 Mn | 170.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 314.51 Mn |
| 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 |