Apple Hospitality REIT Quarterly Income Statement
NYSE: APLEReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Apple Hospitality REIT revenue and earnings
In the quarter ended Jun 30, 2026, Apple Hospitality REIT generated $402.6 million in revenue, up 4.7% from the same quarter a year earlier. Net income was $67.1 million (+5.4% year over year), for a net margin of 16.7% versus a median of 9.5% in the prior 5 quarters. Gross margin was 43.5% (up from 42.6%) and operating margin 21.9%.
Diluted earnings per share came in at $0.28, up from $0.27.
Summary generated from market data by MetaCap's automated system. Methodology
Apple Hospitality REIT income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 402.55M | 337.74M | 326.44M | 373.88M | 384.37M | 327.70M | 333.04M | 378.84M | 390.08M | 329.51M | 312.46M | 358.26M |
| Revenue growth (YoY) | +4.73% | +3.06% | -1.98% | -1.31% | -1.46% | -0.55% | +6.59% | +5.75% | +7.87% | +5.80% | +4.46% | +5.02% |
| Cost of Revenue | 227.58M | 206.94M | 204.93M | 221.96M | 220.56M | 199.87M | 204.37M | 219.94M | 216.29M | 197.26M | 191.34M | 203.71M |
| Gross Profit | 174.97M | 130.80M | 121.51M | 151.92M | 163.81M | 127.83M | 128.66M | 158.90M | 173.79M | 132.25M | 121.12M | 154.55M |
| Operating Expenses | 86.82M | 82.79M | 71.91M | 79.42M | 78.95M | 76.97M | 78.76M | 81.17M | 80.27M | 60.63M | 82.21M | 78.25M |
| Operating Income | 88.15M | 48.01M | 49.60M | 72.50M | 84.85M | 50.86M | 49.90M | 77.73M | 93.52M | 71.61M | 38.91M | 76.30M |
| Pretax Income | 67.34M | 27.94M | 29.85M | 51.12M | 63.89M | 31.46M | 30.05M | 56.51M | 74.14M | 54.31M | 21.03M | 58.83M |
| Income Tax | 260.00K | 242.00K | 236.00K | 242.00K | 240.00K | 241.00K | 234.00K | 243.00K | 214.00K | 256.00K | 261.00K | 313.00K |
| Net Income | 67.08M | 27.70M | 29.61M | 50.88M | 63.65M | 31.22M | 29.82M | 56.27M | 73.93M | 54.05M | 20.77M | 58.51M |
| Net Income growth (YoY) | +5.39% | -11.28% | -0.68% | -9.57% | -13.91% | -42.24% | +43.59% | -3.84% | +13.24% | +64.17% | +798.14% | -1.07% |
| EPS (Basic) | 0.28 | 0.12 | 0.13 | 0.21 | 0.27 | 0.13 | 0.13 | 0.23 | 0.31 | 0.22 | 0.08 | 0.26 |
| EPS (Diluted) | 0.28 | 0.12 | 0.13 | 0.21 | 0.27 | 0.13 | 0.13 | 0.23 | 0.31 | 0.22 | 0.08 | 0.26 |
| Shares Outstanding (Basic) | 236.15M | 236.11M | — | 237.07M | 237.66M | 240.07M | — | 240.50M | 242.17M | 242.41M | — | 228.88M |
| Shares Outstanding (Diluted) | 236.15M | 236.11M | — | 237.07M | 237.66M | 240.07M | — | 240.50M | 242.17M | 242.41M | — | 228.88M |
| EBITDA | 137.81M | 97.55M | 98.16M | 120.60M | 132.87M | 98.80M | 97.83M | 125.87M | 141.23M | 118.44M | 84.75M | 121.79M |
| Gross Margin | 43.47% | 38.73% | 37.22% | 40.63% | 42.62% | 39.01% | 38.63% | 41.94% | 44.55% | 40.13% | 38.76% | 43.14% |
| Operating Margin | 21.90% | 14.22% | 15.19% | 19.39% | 22.08% | 15.52% | 14.98% | 20.52% | 23.97% | 21.73% | 12.45% | 21.30% |
| Net Margin | 16.66% | 8.20% | 9.07% | 13.61% | 16.56% | 9.53% | 8.95% | 14.85% | 18.95% | 16.40% | 6.65% | 16.33% |
This table shows 12 quarterly periods of Apple Hospitality REIT's income statement, from Q2 2026 back to Q3 2023, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow APLE's reporting calendar. What is a income statement?