BRAEMAR HOTELS & RESORTS INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $171.0M | $209.0M | $165.6M | $143.6M | $179.1M | $215.8M | $173.3M | $148.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $4.9M | — | — | — | $2.9M | — | — |
| Operating Income | $30.6M | $39.6M | $-12.1M | $29.8M | $17.9M | $36.7M | $3.8M | $70.3M |
| Operating Margin | 17.9% | 19.0% | -7.3% | 20.8% | 10.0% | 17.0% | 2.2% | 47.4% |
| Interest Expense | $20.5M | $21.2M | $23.2M | $25.2M | $25.4M | $24.8M | $26.4M | $27.9M |
| Pretax Income | $9.4M | $19.5M | $-35.5M | $4.1M | $-7.2M | $12.1M | $-21.4M | $39.0M |
| Income Tax Expense | $2.5M | $1.4M | $1.5M | $-648.0K | $-345.0K | $1.5M | $368.0K | $-864.0K |
| Net Income | $7.0M | $17.7M | $-33.6M | $5.7M | $-5.5M | $11.0M | $-18.7M | $12.6M |
| Net Margin | 4.1% | 8.5% | -20.3% | 4.0% | -3.1% | 5.1% | -10.8% | 8.5% |
| EPS (Basic) | $-0.01 | $0.07 | $-0.67 | $-0.12 | $-0.24 | $-0.04 | $-0.47 | $-0.02 |
| EPS (Diluted) | $-0.01 | $0.07 | $-0.67 | $-0.12 | $-0.24 | $-0.04 | $-0.47 | $-0.02 |
| Shares Outstanding (Basic) | 68.7M | 68.4M | 67.6M | 68.2M | 67.3M | 66.7M | 66.5M | 66.5M |
| Shares Outstanding (Diluted) | 68.7M | 100.3M | 67.6M | 68.2M | 67.3M | 66.7M | 66.5M | 66.5M |
| Dividends Per Share | — | — | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |