Service Properties Trust (SVC) Operating Expenses (2009 - 2026)
Service Properties Trust (SVC) reported Operating Expenses of $365.3 million for Q1 2026, down 18.33% on a YoY basis from $447.3 million in Q1 2025, and little changed quarter-over-quarter from $365.6 million in Q4 2025.
Service Properties Trust (SVC) Operating Expenses (2009 - 2026) Analysis & Trends
Service Properties Trust has reported Operating Expenses for 18 years, with the latest figure at $365.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 18.33% year-over-year to $365.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (down 10.12% YoY), and the FY2025 full-year result was $1.7 billion, down 3.89% from the prior year.
- Operating Expenses for Q1 2026 stood at $365.3 million, roughly flat from $365.6 million in the prior quarter.
- The five-year high for Operating Expenses was $474.4 million in Q2 2024, with the low at $365.3 million in Q1 2026.
- Historically, Operating Expenses has averaged $424.3 million across 5 years, with a median of $430.4 million in 2023.
- The largest YoY upside for Operating Expenses was 16.47% in 2022 against a maximum downside of 24.29% in 2022.
- Service Properties Trust's Operating Expenses stood at $402.5 million in 2022, then gained by 0.56% to $404.7 million in 2023, then gained by 6.81% to $432.3 million in 2024, then retreated by 15.43% to $365.6 million in 2025, then declined by 0.07% to $365.3 million in 2026.
- The last three Operating Expenses figures came in at $365.3 million (Q1 2026), $365.6 million (Q4 2025), and $448.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | 224.99 Mn |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | 170.88 Mn |
| 10 | Service Properties Trust | 261.24 Mn | 241.95 Mn | 357.01 Mn | 365.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 365.33 Mn |
| Dec 31, 2025 | 365.60 Mn |
| Sep 30, 2025 | 448.85 Mn |
| Jun 30, 2025 | 438.60 Mn |
| Mar 31, 2025 | 447.30 Mn |
| Dec 31, 2024 | 432.29 Mn |
| Sep 30, 2024 | 446.50 Mn |
| Jun 30, 2024 | 474.45 Mn |
| Mar 31, 2024 | 415.87 Mn |
| Dec 31, 2023 | 404.71 Mn |
| Sep 30, 2023 | 428.53 Mn |
| Jun 30, 2023 | 430.40 Mn |
| Mar 31, 2023 | 415.31 Mn |
| Dec 31, 2022 | 402.46 Mn |
| Sep 30, 2022 | 435.76 Mn |
| Jun 30, 2022 | 445.35 Mn |
| Mar 31, 2022 | 415.39 Mn |
| Dec 31, 2021 | 531.56 Mn |
| Sep 30, 2021 | 431.21 Mn |
| Jun 30, 2021 | 389.77 Mn |