Service Properties Trust (SVC) Operating Expenses (2009 - 2026)
Service Properties Trust's (SVC) quarterly Operating Expenses came in at $365.3 million in Q1 2026, down 18.33% YoY from $447.3 million in Q1 2025, and little changed on a QoQ basis from $365.6 million in Q4 2025.
Service Properties Trust (SVC) Operating Expenses (2009 - 2026) Analysis & Trends
Service Properties Trust (SVC) has 18 years of Operating Expenses data on file, last reported at $365.3 million in Q1 2026.
- Quarterly Operating Expenses fell 18.33% year-over-year to $365.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 10.12% YoY) and the FY2025 annual result came in at $1.7 billion, down 3.89% from the prior year.
- Operating Expenses steadied at $365.3 million in Q1 2026, from $365.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $474.4 million in Q2 2024 to a low of $365.3 million in Q1 2026.
- A 5-year average of $424.3 million and a median of $430.4 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 16.47% in 2022, down 24.29% in 2022.
- Tracing SVC's Operating Expenses over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.09 Bn | 7.73 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.90 Bn | 3.89 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.16 Bn | 2.90 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.61 Bn | 2.51 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.09 Bn | 1.88 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 2.08 Bn | 1.81 Bn | 154.61 Mn | 349.90 Mn |
| 7 | Xenia Hotels & Resorts | 1.78 Bn | 1.67 Bn | 97.24 Mn | 295.46 Mn |
| 8 | RLJ Lodging Trust | 1.71 Bn | 770.33 Mn | - | 327.47 Mn |
| 9 | Service Properties Trust | 1.04 Bn | 1.03 Bn | 156.32 Mn | 548.44 Mn |
| 10 | Summit Hotel Properties | 639.61 Mn | 602.68 Mn | 138.35 Mn | 170.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 548.44 Mn |
| 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 |