Service Properties Trust (SVC) Operating Expenses (2009 - 2026)
Service Properties Trust (SVC) posted Operating Expenses of $365.3 million for Q1 2026, little changed on a QoQ basis from $365.6 million in Q4 2025, and down 18.33% year-over-year from $447.3 million in Q1 2025.
Service Properties Trust (SVC) Operating Expenses (2009 - 2026) Analysis & Trends
Service Properties Trust's Operating Expenses history runs 18 years deep, the most recent figure standing at $365.3 million for 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 was $365.3 million for Q1 2026 at Service Properties Trust, roughly flat from $365.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $474.4 million in Q2 2024 and bottomed at $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.
- Peak annual rise in Operating Expenses reached 16.47% in 2022, while the deepest fall reached 24.29% in 2022.
- Service Properties Trust's Operating Expenses stood at $402.5 million in 2022, then climbed by 0.56% to $404.7 million in 2023, then climbed by 6.81% to $432.3 million in 2024, then slipped by 15.43% to $365.6 million in 2025, then retreated by 0.07% to $365.3 million in 2026.
- Business Quant data shows SVC's Operating Expenses at $365.3 million in Q1 2026, $365.6 million in Q4 2025, and $448.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.12 Bn | 7.74 Bn | 290.28 Mn | 526.78 Mn |
| 2 | Apple Hospitality REIT | 3.92 Bn | 3.91 Bn | 130.80 Mn | 289.73 Mn |
| 3 | Park Hotels & Resorts | 2.91 Bn | 2.69 Bn | 516.00 Mn | 559.00 Mn |
| 4 | DiamondRock Hospitality | 2.59 Bn | 2.56 Bn | 215.84 Mn | 229.54 Mn |
| 5 | Sunstone Hotel Investors | 2.19 Bn | 2.03 Bn | 259.54 Mn | 231.29 Mn |
| 6 | Pebblebrook Hotel Trust | 2.15 Bn | 2.05 Bn | 113.57 Mn | 337.61 Mn |
| 7 | Xenia Hotels & Resorts | 1.94 Bn | 1.91 Bn | 99.84 Mn | 253.79 Mn |
| 8 | RLJ Lodging Trust | 1.80 Bn | 1.78 Bn | - | 312.17 Mn |
| 9 | Service Properties Trust | 1.42 Bn | 1.40 Bn | 21.93 Mn | 365.33 Mn |
| 10 | Summit Hotel Properties | 730.53 Mn | 1.08 Bn | 148.71 Mn | 170.88 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 |