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
DateValue
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