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Summit Hotel Properties INN Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

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-$116K+69.3%
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-$2M-300%
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-$383K-146%
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American Assets TrustAAT
$0-100%

Segments

By segment

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Reportable Segments$134K+268%

Other financials

Income statement

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Revenue$199.0M+3.2%
Operating income$28.9M+27.3%
Net income$9.7M+378%
EPS (diluted)$0.04+300%

Balance sheet

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Cash & equivalents$42.5M-11.9%
Total debt$1.4B-3.8%
Total equity$838.9M-6.3%
Total assets$2.7B-4.9%

Cash flow

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Operating cash flow$55.3M+13.3%
CapEx$11.7M-38.0%
Free cash flow$43.7M+45.6%

Valuation

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Market cap$699.97M+21.2%
Enterprise value$2.05B+3.5%
P/S+0.2×

Profitability

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Gross margin36.8%
Operating margin9%-0.1pp
Net margin-1.4%-1.4pp
FCF margin12.7%+2.0pp

Returns & leverage

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Return on equity-1.2%-1.2pp
Debt / equity1.7×0.0×

Where this comes from

Reported directly by Summit Hotel Properties in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The source filing: Summit Hotel Properties’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001497645-26-000064
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Corporate general and administrative7,4158,28016,26016,851
Loss on write-down of assets3,641
Total expenses170,268170,153341,150334,805
Gain (loss) on disposal of assets, net134(80)94(79)
Operating income28,88522,68443,01642,511
Other income (expense):
Interest expense(22,068)(20,628)(42,518)(40,584)
Interest income301301547577

Item 1. Financial Statements

FAQ

What is Summit Hotel Properties's gain (loss) on disposal of assets?
Summit Hotel Properties (INN) reported gain (loss) on disposal of assets of $134K in Q2 2026.
How has Summit Hotel Properties's gain (loss) on disposal of assets changed year-over-year?
Summit Hotel Properties's gain (loss) on disposal of assets increased by 267.5% year-over-year, from -$80K to $134K.
What is the long-term trend for Summit Hotel Properties's gain (loss) on disposal of assets?
Over 4 years (2021 to 2025), Summit Hotel Properties's gain (loss) on disposal of assets has grown at a 128.8% compound annual growth rate (CAGR), from $240K to $6.58M.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

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