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Summit Hotel Properties INN Food and beverage — Cost of Goods Sold

Other product segments

Other
$60.67M+2.9%
Room
$39.35M+0.5%

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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+26.6%
Enterprise value$2.05B+5.0%
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:CostOfGoodsAndServicesSold.

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
Total revenues199,019192,917384,072377,395
Expenses:
Room39,35239,16675,69975,298
Food and beverage8,4808,38817,00016,379
Other lodging property operating expenses60,67158,943119,321115,865
Property taxes, insurance and other13,57113,70627,45527,017
Management fees4,3664,4118,5878,906
Depreciation and amortization36,41337,25973,18774,489

Item 1. Financial Statements

FAQ

What is Summit Hotel Properties's food and beverage — cost of goods sold?
Summit Hotel Properties (INN) reported food and beverage — cost of goods sold of $8.48M in Q2 2026.
How has Summit Hotel Properties's food and beverage — cost of goods sold changed year-over-year?
Summit Hotel Properties's food and beverage — cost of goods sold increased by 1.1% year-over-year, from $8.39M to $8.48M.
What is the long-term trend for Summit Hotel Properties's food and beverage — cost of goods sold?
Over 4 years (2021 to 2025), Summit Hotel Properties's food and beverage — cost of goods sold has grown at a 61.4% compound annual growth rate (CAGR), from $4.86M to $32.93M.
What does food and beverage — cost of goods sold mean?
This metric captures the direct costs associated with producing and delivering food and beverage offerings, including the cost of ingredients, beverages, and direct labor required for service. It is a critical measure for evaluating the operational efficiency and profit margins of the company's dining amenities. Investors use this to monitor cost control and the impact of inflationary pressures on the profitability of non-room revenue streams.

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