Summit Hotel Properties, Inc. (INN)

NYSE: INN · Real Estate Investment Trusts · Austin, TX · filing with the SEC since 2010

Grade4.6

◀ Past 4.9● Present 5.4▶ Future 3.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 25, 2026	Feb 24, 2025	Feb 29, 2024	Feb 27, 2023	Feb 23, 2022	Feb 26, 2021	Feb 25, 2020	Feb 26, 2019	Feb 21, 2018	Feb 23, 2017
Revenue	729,472	731,783	736,127	675,695	361,926	234,463	549,348	567,270	515,377	473,935
For lenders
Provision for credit losses	·	·	·	-1,100	-2,632	4,821	0	0	·	·
Cost of revenue	·	·	·	·	·	·	·	·	325,604	295,681
General and administrative	32,816	31,891	32,530	30,765	29,428	20,985	23,622	21,509	19,597	19,292
Total costs and expenses	670,366	657,205	677,003	628,228	395,432	343,857	475,360	483,545	431,482	391,448
Operating income	65,685	103,490	58,787	67,782	-33,266	-109,410	119,406	125,199	127,104^r	132,342^r
Interest expense	80,692	82,632	86,798	65,581	43,368	43,300	41,030	41,944	29,687	28,091
Interest and investment income	1,178	1,906	1,688	1,544	6,855	·	·	·	·	·
Other income (expense), net	2,994	4,384	1,005	1,083^r	2,668^r	4,841	5,472	6,949	3,778	2,560
Total non-operating income (expense)	-76,520	-73,342	-84,105	-62,954	-33,845	-38,459	-35,558	-34,995	-25,909^r	-25,531^r
Income before income taxes	-10,835	30,148	-25,318	4,828	-67,111	-147,869	83,848	90,204	101,195	106,811
Income tax expense	842	-8,743	2,798	3,611	1,473	1,376	1,500	-922	1,674	-1,450
Income from continuing operations	·	·	·	·	·	·	·	·	·	87,106
Income from discontinued operations	·	·	·	·	·	·	·	·	·	0
Net income including non-controlling interests	-11,677	38,891	-28,116	1,217	-68,584	-149,245	82,348	91,126	99,521	108,261
Net income to non-controlling interests	-6,610	-4,751	-18,627	-249	-3,011	-5,906	·	·	·	·
Net income	·	·	·	·	-65,573	-143,339	82,610	90,921	99,214	107,805
Preferred dividends	15,875	15,875	15,875	15,875	15,431	14,838	14,838	16,671	17,408	18,232
Net income to common shareholders	-23,954	24,833	-27,990	-16,929	-83,714	-158,177^r	67,463^r	70,702^r	79,234	87,448
Earnings per share, basic	-0.22	0.23	-0.27	-0.16	-0.80	-1.52	0.65	·	0.79	1.00
Earnings per share, diluted	-0.22	0.22	-0.27	-0.16	-0.80	-1.52	0.65	·	0.79	1.00
Earnings per share, basic and diluted	·	·	·	·	·	-1.52	0.65	0.68	0.79	1.00
Weighted average shares, basic	106,850	105,927	105,548	105,142	104,471	104,141	103,887	103,623	99,406	86,874
Weighted average shares, diluted	106,850	132,365	105,548	105,142	104,471	104,141	103,939	103,842	99,780	87,343

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton INN · research, not advice