Summit Hotel Properties, Inc.
For the period ended Mar 31, 2026. Filed Apr 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 30, 2026
INN$7.44+3.2%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited
Condensed Consolidated Statements of Comprehensive (Loss) Income
(In thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Net (loss) income | $(5,913) | $623 |
| Other comprehensive loss, net of tax: | ||
| Changes in fair value of derivative financial instruments | 3,230 | (3,667) |
| Comprehensive loss | (2,683) | (3,044) |
| Comprehensive (income) loss attributable to non-controlling interests | (981) | 8 |
| Comprehensive loss attributable to Summit Hotel Properties, Inc. | (3,664) | (3,036) |
| Distributions to and accretion on redeemable non-controlling interests | (657) | (657) |
| Preferred dividends and distributions | (3,970) | (3,970) |
| Comprehensive loss attributable to common stockholders | $(8,291) | $(7,663) |
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