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

Other product segments

Other
$58.65M+3.0%
Room
$36.35M+0.6%

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Other financials

Income statement

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Revenue$185.1M+0.3%
Operating income$14.1M-28.7%
Net income-$5.9M-1,049%
EPS (diluted)-$0.10-150%

Balance sheet

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Cash & equivalents$50.4M-10.5%
Total debt$1.4B-1.5%
Total equity$840.4M-8.7%
Total assets$2.8B-4.9%

Cash flow

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Operating cash flow$28.1M+8.7%
CapEx$11.9M-24.1%
Free cash flow$16.2M+59.6%

Valuation

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Market cap$741.22M+35.6%
Enterprise value$2.11B+9.2%
P/S+0.3×

Profitability

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Gross margin36.8%
Operating margin8.2%-5.5pp
Net margin-2.5%-6.9pp
FCF margin10.9%+0.3pp

Returns & leverage

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Return on equity-2.1%-5.6pp
Debt / equity1.7×+0.1×

Where this comes from

Reported directly by Summit Hotel Properties in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Summit Hotel Properties’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 $8.52M in Q1 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 6.6% year-over-year, from $7.99M to $8.52M.
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.