Summit Hotel Properties (INN) Operating Expenses (2013 - 2026)
Summit Hotel Properties (INN) recorded Operating Expenses of $170.27 million in Q2 2026, up 0.1% from $170.15 million a year earlier but down 0.4% from the prior quarter.
Summit Hotel Properties (INN) Operating Expenses (2013 - 2026) Analysis & Trends
On a TTM basis, Summit Hotel Properties' Operating Expenses came in at $676.71 million as of Jun 30, 2026, up 2.3% year-over-year; for FY2025, it was $670.37 million, up 2.0% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $657.21 million in FY2024 (-2.9%), $677 million in FY2023 (+7.8%), $628.23 million in FY2022 (+58.9%) and $395.43 million in FY2021 (+15.0%).
- Quarterly Operating Expenses has ranged from $105.66 million in Q3 2021 to $177.01 million in Q4 2023 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for five consecutive quarters, with growth averaging 0.3% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 69.8% in Q1 2022, against a decline of 6.6% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $170.88 million (Q1 2026), $167.08 million (Q4 2025) and $168.48 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.47 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 900.79 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 766.20 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 566.18 Mn |
| 10 | Summit Hotel Properties | 643.89 Mn | 837.03 Mn | 90.52 Mn | 170.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 170.27 Mn |
| Mar 31, 2026 | 170.88 Mn |
| Dec 31, 2025 | 167.08 Mn |
| Sep 30, 2025 | 168.48 Mn |
| Jun 30, 2025 | 170.15 Mn |
| Mar 31, 2025 | 164.65 Mn |
| Dec 31, 2024 | 165.37 Mn |
| Sep 30, 2024 | 161.07 Mn |
| Jun 30, 2024 | 166.04 Mn |
| Mar 31, 2024 | 164.73 Mn |
| Dec 31, 2023 | 177.01 Mn |
| Sep 30, 2023 | 165.32 Mn |
| Jun 30, 2023 | 170.73 Mn |
| Mar 31, 2023 | 164.18 Mn |
| Dec 31, 2022 | 165.43 Mn |
| Sep 30, 2022 | 161.02 Mn |
| Jun 30, 2022 | 160.64 Mn |
| Mar 31, 2022 | 141.15 Mn |
| Dec 31, 2021 | 108.47 Mn |
| Sep 30, 2021 | 105.66 Mn |
Summit Hotel Properties Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=INN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "INN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=INN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();