Service Properties Trust (SVC) Income Statement
SVC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSVC revenue and net income
Where SVC's revenue goes
2025Each bar shows an amount and its share of revenue. SVC kept −11.1% of revenue as net income.
SVC profit margins
SVC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.3% | −0.9% | +7.5% | −0.6% |
| Gross profit | −6.0% | −3.1% | −0.5% | −3.1% |
| Operating income | +10.5% | +6.1% | +136.5% | −4.5% |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SVC quarterly EPS vs estimates
Service Properties beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.30).
SVC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81B | $1.90B | $1.87B | $1.86B | $1.50B | $1.27B | $2.32B | $2.29B | $2.17B | $2.05B |
| Cost of revenue | $1.25B | $1.29B | $1.24B | $1.24B | $1.03B | $682.8M | $1.41B | $1.39B | $1.28B | $1.20B |
| Gross profit | $566.7M | $603.0M | $632.3M | $622.5M | $469.2M | $582.5M | $903.4M | $902.2M | $892.4M | $844.7M |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $40.7M | $40.2M | $45.4M | $44.4M | $53.4M | $50.7M | $54.6M | $104.9M | $125.4M | $99.1M |
| Total operating expenses | $355.6M | $412.0M | $429.5M | $445.5M | $539.4M | $582.5M | $54.6M | $507.9M | $512.1M | $456.4M |
| Operating income | $211.1M | $190.9M | $202.8M | $177.0M | −$70.2M | $2.9M | $848.8M | $394.2M | $380.3M | $386.9M |
| Interest income | $9.0M | $4.1M | $12.5M | $3.4M | $664,000 | $284,000 | $2.2M | $1.5M | $798,000 | $274,000 |
| Interest expense | $367.3M | $352.7M | $336.3M | $341.8M | $365.7M | $306.5M | $225.1M | $195.2M | $181.6M | $153.8M |
| Income before taxes | −$213.0M | −$274.1M | −$34.3M | −$132.6M | −$545.5M | −$284.3M | $262.5M | $186.4M | $201.9M | $227.0M |
| Income taxes | −$10.7M | $1.4M | −$1.5M | −$199,000 | −$941,000 | $17.2M | $2.8M | $1.2M | −$3.3M | $4.0M |
| Net income | −$202.3M | −$275.5M | −$32.8M | −$132.4M | −$544.6M | −$311.4M | $259.8M | $185.7M | $215.1M | $223.1M |
| EBITDA | $473.4M | $462.6M | $664.8M | $588.1M | $286.0M | $506.3M | $840.4M | $784.7M | $779.5M | $738.1M |
| EPS (diluted) | −$2.97 | −$6.51 | $0.22 | −$3.24 | −$6.95 | −$9.45 | $8.47 | $3.82 | $6.90 | $4.53 |
| Gross margin | 31.2% | 31.8% | 33.7% | 33.4% | 31.4% | 46.0% | 39.0% | 39.3% | 41.1% | 41.3% |
| Operating margin | 11.6% | 10.1% | 10.8% | 9.5% | −4.7% | 0.2% | 36.6% | 17.2% | 17.5% | 18.9% |
| Net margin | −11.1% | −14.5% | −1.7% | −7.1% | −36.4% | −24.6% | 11.2% | 8.1% | 9.9% | 10.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $421.0M | $362.2M | $397.5M | $478.8M | $503.4M | $435.2M | $456.6M | $491.2M | $512.9M | $436.2M | $444.1M | $496.8M |
| Cost of revenue | $270.7M | $400.5M | $268.7M | $333.6M | $334.4M | $311.5M | $317.6M | $45.1M | $333.2M | $309.8M | $298.5M | $515.0M |
| Gross profit | $150.3M | −$38.3M | $128.7M | $145.2M | $169.1M | $123.7M | $138.9M | $446.0M | $179.7M | $126.4M | $145.5M | −$18.2M |
| Sales, general & admin | $11.1M | $8.8M | $9.8M | $11.1M | $10.2M | $9.6M | $8.6M | $10.5M | $10.7M | $10.5M | $11.2M | $10.8M |
| Total operating expenses | $277.7M | −$68.0M | $86.2M | $85.5M | $85.2M | $98.7M | $102.6M | $283.4M | $106.4M | $103.6M | $11.2M | −$87.1M |
| Operating income | −$127.5M | $29.7M | $42.5M | $59.7M | $83.8M | $25.1M | $36.3M | $162.6M | $73.4M | $22.8M | $134.3M | $68.9M |
| Interest income | $1.2M | $943,000 | $2.1M | $4.8M | $822,000 | $1.2M | $734,000 | $537,000 | $819,000 | $2.0M | $9.1M | $5.6M |
| Interest expense | $87.7M | $96.5M | $83.0M | $98.7M | $92.8M | $101.5M | $68.3M | $99.1M | $86.4M | $91.4M | $90.0M | $82.3M |
| Income before taxes | −$223.7M | −$150.0M | −$13.1M | −$46.7M | −$37.7M | −$115.6M | −$76.4M | −$49.9M | −$73.3M | −$77.4M | −$44.0M | −$6.4M |
| Income taxes | −$132,000 | $1.2M | −$12.3M | $253,000 | $457,000 | $843,000 | −$52,000 | −$3.0M | $524,000 | $1.0M | −$723,000 | −$2.2M |
| Net income | −$223.8M | −$151.2M | −$782,000 | −$46.9M | −$38.2M | −$116.4M | −$76.4M | −$46.9M | −$73.8M | −$78.4M | −$43.3M | −$4.1M |
| EBITDA | −$59.0M | $22.4M | $147.7M | $124.8M | $130.6M | $79.0M | $93.0M | $138.2M | $111.4M | $112.5M | $134.3M | $170.4M |
| EPS (diluted) | $0.43 | −$2.08 | −$0.26 | $0.20 | −$0.53 | −$2.38 | −$0.46 | −$1.40 | −$2.25 | −$2.40 | −$0.08 | −$0.15 |
| Gross margin | 35.7% | −10.6% | 32.4% | 30.3% | 33.6% | 28.4% | 30.4% | 90.8% | 35.0% | 29.0% | 32.8% | −3.7% |
| Operating margin | −30.3% | 8.2% | 10.7% | 12.5% | 16.7% | 5.8% | 8.0% | 33.1% | 14.3% | 5.2% | 30.2% | 13.9% |
| Net margin | −53.2% | −41.7% | −0.2% | −9.8% | −7.6% | −26.8% | −16.7% | −9.5% | −14.4% | −18.0% | −9.8% | −0.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SVC's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SVC financial results
In fiscal year 2025 (ended December 31, 2025), Service Properties reported revenue of $1.8 billion, down 4.3% from the year before. It had a net loss of $202.3 million, a net profit margin of −11.1%. Diluted earnings per share came to −$2.97. Over five years revenue grew at an average rate of 7.5% a year.
See the SVC stock overview for the latest quote and news, or the SVC chart for price history and technical indicators.
SVC income statement FAQ
What is Service Properties's annual revenue?
Service Properties reported total revenue of $1.8 billion for fiscal year 2025, which ended on December 31, 2025. That was down 4.3% from $1.9 billion the previous year.
Is Service Properties profitable?
No. Service Properties reported a net loss of $202.3 million in fiscal 2025, a net profit margin of −11.1%; its operating margin was 11.6%.
What is Service Properties's gross margin?
Service Properties's gross margin was 31.2% in fiscal 2025: for every $100 of revenue, Service Properties kept $31 after the direct cost of its products and services.
How fast is Service Properties growing?
Revenue grew 7.5% a year on average over the last five fiscal years, from $1.3 billion to $1.8 billion.
What are Service Properties's earnings per share?
Service Properties earned $-2.97 per diluted share in fiscal 2025, compared with $-6.51 a year earlier.
When will Service Properties report its next earnings?
Service Properties is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Service Properties's fiscal year end?
Service Properties's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.