Operating

Host Hotels & Resorts·Cash Flow Statement·23 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Net income	$242M	$84M	$109M	$251M	$225M	$163M	$137M	$501M
Net cash from operating activities	$453M	$349M	$331M	$305M	$444M	$218M	$543M	$342M
Other Nonoperating Gains Losses	$0	$1M	-$1M	$4M	$22M	$122M	$0	$242M
Depreciation and amortization	$188M	$197M	$197M	$196M	$195M	$196M	$208M	$190M
Increase Decrease In Due From Managers	-$18M	-$91M	-$18M	$102M	-$44M	$2M	-$75M	$125M
Increase Decrease In Inventories And Other Operating Assets	$0	$0	$0	$0	—	—	—	-$18M
Change in other assets	-$30M	$52M	—	-$16M	-$15M	$38M	-$24M	-$9M
Change in other liabilities	—	$62M	—	-$35M	—	—	-$18M	-$9M
Increase (Decrease) in Other Operating Assets	-$30M	$52M	—	-$16M	-$15M	$38M	-$24M	-$9M
Increase (Decrease) in Inventory for Long-Term Contracts or Programs	$13M	$17M	$28M	$19M	$24M	$24M	$21M	$8M
Stock-based compensation	$5M	$6M	$7M	$6M	$5M	$5M	$10M	$6M
Share of Profits (Losses) of Related Party	$2M	$2M	—	$10M	$4M	$2M	$2M	$4M
Equity in income of investees	$2M	$2M	—	$10M	$4M	$2M	$2M	$4M
Income (Loss) from Equity Method Investments	$2M	$2M	—	$10M	$4M	$2M	$2M	$4M
Income (Loss) from Equity Method Investments	$2M	$2M	—	$10M	$4M	$2M	$2M	$4M
Income (Loss) from Equity Method Investments	$2M	$2M	—	$10M	$4M	$2M	$2M	$4M
Equity in earnings (losses) of equity method investees	$2M	$2M	—	$10M	$4M	$2M	$2M	$4M
Income (Loss) from Equity Method Investments	$2M	$2M	—	$10M	$4M	$2M	$2M	$4M
Amortization of debt issuance costs	$3M	$2M	$3M	$3M	$3M	$3M	$2M	$3M
Non-cash interest expense	$3M	$2M	$3M	$3M	$3M	$3M	$2M	$3M
Distributions from equity method investments	$7M	$4M	$4M	$3M	$6M	$6M	$9M	$2M
Distributions of earnings from equity method investees	$7M	$4M	$4M	$3M	$6M	$6M	$9M	$2M
Medford settlement proceeds (Note A)	$0	$4M	$0	$0	—	—	$20M	$1M

Metrics

Operating

Breakdown

Metrics

Share of Profits (Losses) of Related Party

Amortization of debt issuance costs

Change in other assets

Change in other liabilities

Depreciation and amortization

Equity in income of investees

Distributions from equity method investments

Income (Loss) from Equity Method Investments

Income (Loss) from Equity Method Investments

Income (Loss) from Equity Method Investments

Net cash from operating activities

Net income

Non-cash interest expense

Distributions of earnings from equity method investees

Equity in earnings (losses) of equity method investees

Increase Decrease In Due From Managers

Increase Decrease In Inventories And Other Operating Assets

Increase (Decrease) in Inventory for Long-Term Contracts or Programs

Increase (Decrease) in Other Operating Assets

Other Nonoperating Gains Losses

Medford settlement proceeds (Note A)

Income (Loss) from Equity Method Investments

Stock-based compensation