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Apple Hospitality APLE Direct Operating — Cost of Goods Sold

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$10.37M-7.7%

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Other financials

Income statement

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Revenue$337.7M+3.1%
Gross profit$130.8M+2.3%
Operating income$48.0M-5.6%
Net income$27.7M-11.3%
EPS (diluted)$0.12-7.7%

Balance sheet

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Cash & equivalents$7.8M-47.5%
Total debt$1.7B+1.8%
Total equity$3.1B-2.7%
Total assets$4.9B-1.1%

Cash flow

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Operating cash flow$48.9M-0.6%
CapEx$35.8M+31.1%
Free cash flow$13.1M-40.1%

Valuation

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Market cap$3.92B-12.4%

Profitability

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Gross margin39.9%-1.3pp
Operating margin17.9%-1.1pp
Net margin12.1%-1.3pp
FCF margin19.3%-3.4pp

Returns & leverage

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Return on equity5.4%-0.4pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Apple Hospitality in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Apple Hospitality’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apple Hospitality's direct operating — cost of goods sold?
Apple Hospitality (APLE) reported direct operating — cost of goods sold of $88.67M in Q1 2026.
How has Apple Hospitality's direct operating — cost of goods sold changed year-over-year?
Apple Hospitality's direct operating — cost of goods sold increased by 4.9% year-over-year, from $84.51M to $88.67M.
What is the long-term trend for Apple Hospitality's direct operating — cost of goods sold?
Over 4 years (2021 to 2025), Apple Hospitality's direct operating — cost of goods sold has grown at a 13.7% compound annual growth rate (CAGR), from $216.64M to $361.99M.
What does direct operating — cost of goods sold mean?
This metric represents the aggregate direct expenses incurred to provide lodging and hospitality services within the company's hotel portfolio. It encompasses variable costs such as housekeeping labor, guest supplies, food and beverage costs, and other property-level operating expenses directly attributable to revenue generation. Monitoring these costs is essential for evaluating the operational efficiency and margin performance of the company's upscale hotel assets.