APPLE HOSPITALITY REIT, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $402.6M | $337.7M | $326.4M | $373.9M | $384.4M | $327.7M | $333.0M | $378.8M |
| Cost of Revenue | $227.6M | $206.9M | $204.9M | $222.0M | $220.6M | $199.9M | $204.4M | $219.9M |
| Gross Profit | $175.0M | $130.8M | $121.5M | $151.9M | $163.8M | $127.8M | $128.7M | $158.9M |
| Gross Margin | 43.5% | 38.7% | 37.2% | 40.6% | 42.6% | 39.0% | 38.6% | 41.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $13.2M | $10.8M | $7.5M | $7.5M | $8.1M | $9.2M | $11.7M | $9.2M |
| Operating Income | $88.2M | $48.0M | $49.6M | $72.5M | $84.9M | $50.9M | $49.9M | $77.7M |
| Operating Margin | 21.9% | 14.2% | 15.2% | 19.4% | 22.1% | 15.5% | 15.0% | 20.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $67.3M | $27.9M | $29.9M | $51.1M | $63.9M | $31.5M | $30.1M | $56.5M |
| Income Tax Expense | $260.0K | $242.0K | $236.0K | $242.0K | $240.0K | $241.0K | $234.0K | $243.0K |
| Net Income | $67.1M | $27.7M | $29.6M | $50.9M | $63.6M | $31.2M | $29.8M | $56.3M |
| Net Margin | 16.7% | 8.2% | 9.1% | 13.6% | 16.6% | 9.5% | 9.0% | 14.9% |
| EPS (Basic) | $0.28 | $0.12 | $0.13 | $0.21 | $0.27 | $0.13 | $0.13 | $0.23 |
| EPS (Diluted) | $0.28 | $0.12 | $0.13 | $0.21 | $0.27 | $0.13 | $0.13 | $0.23 |
| Shares Outstanding (Basic) | 236.2M | 236.1M | 237.8M | 237.1M | 237.7M | 240.1M | 241.3M | 240.5M |
| Shares Outstanding (Diluted) | 236.2M | 236.1M | 237.8M | 237.1M | 237.7M | 240.1M | 241.3M | 240.5M |
| Dividends Per Share | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.29 | $0.24 |