SERVICE PROPERTIES TRUST

SVC ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $1.81B $1.90B $1.87B $1.86B $1.50B $1.27B $2.32B
Cost of Revenue $1.41B
Gross Profit $905.2M
Gross Margin 39.1%
Operating Expenses
Research & Development
SG&A Expense $40.7M $40.2M $45.4M $44.4M $53.4M $50.7M $54.6M
Operating Income $-213.0M $0 $336.3M $206.4M $-178.9M $22.2M $487.3M
Operating Margin -11.7% 0.0% 17.9% 11.1% -12.0% 1.8% 21.0%
Interest Expense $336.3M $341.8M $365.7M $306.5M $225.1M
Pretax Income $-213.0M $0 $0 $-135.4M $-544.6M $-284.3M $262.2M
Income Tax Expense $-10.7M $1.4M $-1.5M $-199.0K $-941.0K $17.2M $2.8M
Net Income $-202.3M $-275.5M $-32.8M $-132.4M $-544.6M $-311.4M $259.8M
Net Margin -11.1% -14.5% -1.7% -7.1% -36.4% -24.6% 11.2%
EPS (Basic) $-1.22 $-1.67 $-0.20 $-0.80 $-3.31 $-1.89 $1.58
EPS (Diluted) $-1.22 $-1.67 $-0.20 $-0.80 $-3.31 $-1.89 $1.58
Shares Outstanding (Basic) 168.1M 166.0M 165.3M 165.0M 164.7M 164.6M 164.2M 164.3M
Shares Outstanding (Diluted) 168.1M 166.0M 165.3M 165.0M 164.7M 164.6M 164.2M 164.3M
Dividends Per Share $0.04 $0.61 $0.80 $0.23 $0.04 $0.57 $2.15
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Charlie Munger

Focus on wisdom, rationality, learning, and avoiding stupidity in life and investing.