Chatham Lodging Trust's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Chatham Lodging Trust reported revenue of $295.1M and net income of $15.3M (+279.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue | $294.0M | $317.2M | $311.1M | $294.9M |
| Total revenue | $295.1M | — | — | — |
| Room | $59.8M | — | — | — |
| Food and beverage | $5.5M | — | — | — |
| Telephone | $1.2M | — | — | — |
| Other hotel operating | $4.5M | — | — | — |
| General and administrative | $27.0M | $18.4M | $17.5M | $17.3M |
| Franchise and marketing fees | $23.6M | — | — | — |
| Advertising and promotions | $6.8M | — | — | — |
| Utilities | $12.4M | — | — | — |
| Repairs and maintenance | $15.3M | — | — | — |
| Management fees paid to related parties | $9.9M | — | — | — |
| Insurance | $3.3M | — | — | — |
| Total hotel operating expenses | $169.2M | $181.2M | $175.4M | $160.8M |
| Depreciation and amortization | $59.7M | $60.7M | $58.3M | $59.4M |
| Impairment loss | $0 | $4.3M | $4.3M | $0 |
| Property taxes, ground rent and insurance | $22.0M | $23.7M | $23.5M | $21.2M |
| General and administrative | $16.6M | — | — | — |
| Other charges | $27.0K | $327.0K | $2.3M | $683.0K |
| Reimbursable costs from related parties | $1.1M | $1.1M | $1.3M | — |
| Total operating expenses | $268.6M | $289.7M | $282.5M | $260.7M |
| Operating income before gain on sale of hotel properties | $26.5M | $27.5M | — | — |
| Gain on sale of hotel properties | $14.4M | $5.7M | $0 | $0 |
| Operating income | $40.9M | $33.2M | $28.6M | $36.5M |
| Interest and other income | $270.0K | $1.7M | $1.5M | $10.0K |
| Interest expense, including amortization of deferred fees | ($25.7M) | ($30.9M) | — | — |
| Loss on early extinguishment of debt | ($174.0K) | ($17.0K) | ($696.0K) | ($138.0K) |
| Gain from partial lease termination | $0 | $0 | $164.0K | — |
| Income before income tax expense | $15.3M | $4.0M | $2.5M | $9.9M |
| Income tax expense | $0 | $0 | $0 | $0 |
| Net income | $15.3M | $4.0M | $2.5M | $9.9M |
| Net (income) loss attributable to non-controlling interest | ($260.0K) | $131.0K | $156.0K | ($66.0K) |
| Net income attributable to Chatham Lodging Trust | $15.1M | $4.2M | $2.6M | $9.8M |
| Preferred dividends | ($8.0M) | ($8.0M) | ($8.0M) | ($8.0M) |
| Net income (loss) attributable to common shareholders | $7.1M | ($3.8M) | ($5.3M) | $1.9M |
| Net income (loss) attributable to common shareholders (Note 10) (in dollars per share) | $0.14 | -$0.08 | -$0.11 | $0.04 |
| Basic (in shares) | 48.8M | 48.9M | 48.8M | 48.8M |
| Diluted (in shares) | 50.0M | 48.9M | 48.8M | 49.1M |
| Dividends declared (in dollars per share) | $0.36 | $0.28 | $0.28 | — |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenue | $87.6M | $67.2M | $78.1M | $80.0M |
| Total revenue | $87.8M | $67.5M | $78.4M | $80.3M |
| Room | $16.6M | $14.0M | $15.5M | $15.0M |
| Food and beverage | $1.3M | $1.4M | $1.4M | $1.4M |
| Telephone | $382.0K | $344.0K | $292.0K | $281.0K |
| Other hotel operating | $1.3M | $1.1M | $1.2M | $1.2M |
| General and administrative | $7.2M | $7.1M | $6.7M | $7.1M |
| Franchise and marketing fees | $7.0M | $5.3M | $6.3M | $6.4M |
| Advertising and promotions | $1.9M | $1.7M | $1.9M | $1.7M |
| Utilities | $3.1M | $3.1M | $3.6M | $2.8M |
| Repairs and maintenance | $3.9M | $3.7M | $3.8M | $3.7M |
| Management fees paid to related parties | $3.0M | $2.3M | $2.6M | $2.7M |
| Insurance | $909.0K | $849.0K | $813.0K | $820.0K |
| Total hotel operating expenses | $46.5M | $40.7M | $44.0M | $43.0M |
| Depreciation and amortization | $15.7M | $14.8M | $14.7M | $15.4M |
| Property taxes, ground rent and insurance | $5.3M | $5.2M | $5.3M | $6.1M |
| General and administrative | $4.6M | $4.6M | $4.1M | $4.0M |
| Other charges | $26.0K | $455.0K | $16.0K | $0 |
| Reimbursable costs from related parties | $250.0K | $271.0K | $276.0K | $249.0K |
| Total operating expenses | $72.4M | $66.0M | $68.5M | $68.8M |
| Operating income before gain on sale of hotel properties | $15.4M | $1.5M | $9.9M | $11.5M |
| Gain on sale of hotel properties | $10.0K | $122.0K | $39.0K | $350.0K |
| Operating income | $15.4M | $1.6M | $9.9M | $11.9M |
| Interest and other income | $23.0K | $79.0K | $71.0K | $59.0K |
| Interest expense, including amortization of deferred fees | ($6.9M) | ($6.2M) | ($6.2M) | ($6.4M) |
| Income before income tax expense | $8.5M | ($4.5M) | $3.6M | $5.5M |
| Income tax expense | ($62.0K) | ($62.0K) | $0 | $0 |
| Net income | $8.5M | ($4.5M) | $3.6M | $5.5M |
| Net income attributable to noncontrolling interests | ($241.0K) | $238.0K | ($56.0K) | ($123.0K) |
| Net income attributable to Chatham Lodging Trust | $8.2M | ($4.3M) | $3.5M | $5.4M |
| Preferred dividends | ($2.0M) | ($2.0M) | ($2.0M) | ($2.0M) |
| Net income (loss) attributable to common shareholders | $6.2M | ($6.3M) | $1.5M | $3.4M |
| Net income (loss) attributable to common shareholders (Note 10) (in dollars per share) | $0.13 | -$0.13 | $0.03 | $0.07 |
| Basic (in shares) | 46.6M | 47.3M | 48.9M | 49.0M |
| Diluted (in shares) | 47.9M | 47.3M | 49.6M | 49.6M |
| Dividends declared (in dollars per share) | $0.10 | $0.10 | $0.09 | $0.09 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Real Estate Investment Property, Net | $1.1B | $1.2B | $1.2B | $1.3B |
| Cash and cash equivalents | $24.4M | $20.2M | $68.1M | $26.3M |
| Restricted cash | $8.2M | $9.6M | $17.6M | $18.9M |
| Right of use asset, net | $16.9M | $17.5M | $18.1M | $19.3M |
| Hotel receivables (net of allowance for doubtful accounts of $261 and $300, respectively) | $2.8M | — | — | — |
| Deferred costs, net | $7.4M | $4.0M | $4.2M | $6.4M |
| Prepaid expenses and other assets | $3.7M | $2.8M | $3.8M | $3.4M |
| Total assets | $1.2B | $1.3B | $1.3B | $1.3B |
| Mortgage debt, net | $141.5M | $157.2M | $394.5M | $430.6M |
| Revolving credit facility | $0 | $110.0M | $0 | $0 |
| Unsecured term loan, net | $197.4M | $139.6M | $89.5M | — |
| Accounts payable and accrued expenses (including $234 and $490 due to related parties, respectively) | $26.6M | $29.6M | $29.3M | $28.5M |
| Operating and Finance Lease, Liabilities | $20.1M | — | — | — |
| Distributions payable | $6.7M | $5.6M | $5.4M | $5.2M |
| Total liabilities | $392.3M | $462.7M | $539.6M | $525.7M |
| Preferred shares, $0.01 par value, 100,000,000 shares authorized; 4,800,000 and 4,800,000 shares issued and outstanding at December 31, 2025 and 2024, respectively | 48.0K | 48.0K | 48.0K | 48.0K |
| Common shares, $0.01 par value, 500,000,000 shares authorized; 47,708,587 and 48,912,293 shares issued and outstanding at December 31, 2025 and 2024, respectively | 477.0K | 489.0K | 488.0K | 488.0K |
| Additional paid-in capital | $1.0B | $1.0B | $1.0B | $1.0B |
| Accumulated deficit | ($299.5M) | ($289.1M) | ($271.7M) | ($252.7M) |
| Total shareholders’ equity | $740.8M | $758.2M | $776.1M | $794.9M |
| Noncontrolling interest in operating partnership | $37.2M | $33.8M | $28.3M | $23.1M |
| Total equity | $778.0M | $792.0M | $804.4M | $818.0M |
| Total liabilities and equity | $1.2B | $1.3B | $1.3B | $1.3B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Real Estate Investment Property, Net | $1.2B | $1.2B | $1.1B | $1.1B |
| Cash and cash equivalents | $11.3M | $13.7M | $13.2M | $17.2M |
| Restricted cash | $6.4M | $5.6M | $8.1M | $7.0M |
| Right of use asset, net | $16.6M | $16.7M | $17.1M | $17.2M |
| Hotel receivables (net of allowance for doubtful accounts of $296 and $261, respectively) | $3.0M | $2.8M | $3.9M | $4.7M |
| Deferred costs, net | $6.8M | $7.1M | $6.4M | $3.3M |
| Prepaid expenses and other assets | $8.6M | $8.0M | $6.8M | $7.7M |
| Total assets | $1.2B | $1.2B | $1.2B | $1.2B |
| Mortgage debt, net | $141.6M | $141.5M | $141.4M | $141.4M |
| Revolving credit facility | $75.0M | $85.0M | $0 | $70.0M |
| Unsecured term loan, net | $197.7M | $197.6M | $197.4M | $139.9M |
| Accounts payable and accrued expenses (including $947 and $234 due to related parties, respectively) | $31.1M | $30.3M | $31.3M | $27.1M |
| Lease liability | $19.7M | $19.9M | $20.2M | $20.3M |
| Distributions payable | $7.1M | $7.0M | $6.7M | $6.7M |
| Total liabilities | $472.3M | $481.4M | $397.1M | $405.4M |
| Preferred shares, $0.01 par value, 100,000,000 shares authorized; 4,800,000 and 4,800,000 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | 48.0K | 48.0K | 48.0K | 48.0K |
| Common shares, $0.01 par value, 500,000,000 shares authorized; 46,565,171 and 47,708,587 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | 466.0K | 469.0K | 487.0K | 490.0K |
| Additional paid-in capital | $1.0B | $1.0B | $1.0B | $1.0B |
| Accumulated deficit | ($308.9M) | ($310.5M) | ($297.9M) | ($295.0M) |
| Total shareholders’ equity | $721.7M | $722.9M | $749.4M | $754.1M |
| Noncontrolling interest in Operating Partnership | $40.2M | $38.9M | $36.0M | $34.9M |
| Total equity | $761.9M | $761.9M | $785.5M | $789.0M |
| Total liabilities and equity | $1.2B | $1.2B | $1.2B | $1.2B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Book income before income taxes | $15.3M | $4.0M | $2.5M | $9.9M |
| Depreciation and amortization of investment in hotel properties | $59.6M | $60.5M | — | — |
| Amortization of deferred franchise fees | $198.0K | $211.0K | $214.0K | $246.0K |
| Amortization of deferred financing fees included in interest expense | $1.5M | $1.4M | $1.2M | $1.4M |
| Gain on sale of hotel properties | ($14.4M) | ($5.7M) | $0 | $0 |
| Impairment loss | $0 | $4.3M | $4.3M | $0 |
| Write-off of hotel development costs included in other charges | $0 | $0 | $2.2M | — |
| Loss on early extinguishment of debt | $174.0K | $17.0K | $672.0K | $138.0K |
| Gain (Loss) on write-off of deferred franchise fee | $0 | — | — | — |
| Share based compensation | $6.3M | $6.4M | $6.1M | $5.6M |
| Gain from partial lease termination | $0 | $0 | ($164.0K) | — |
| Right of use asset | $635.0K | $593.0K | $625.0K | $688.0K |
| Hotel receivables | $92.0K | $1.3M | $803.0K | ($2.2M) |
| Deferred costs | ($1.2M) | ($271.0K) | ($102.0K) | ($175.0K) |
| Prepaid expenses and other assets | ($1.0M) | $942.0K | ($382.0K) | ($764.0K) |
| Accounts payable and accrued expenses | ($2.5M) | $256.0K | $1.0M | $460.0K |
| Lease liability | ($541.0K) | ($159.0K) | ($604.0K) | ($588.0K) |
| Net cash provided by operating activities | $64.1M | $73.8M | $76.4M | $71.5M |
| Improvements and additions to hotel properties | ($24.5M) | ($30.6M) | ($28.1M) | ($15.7M) |
| Acquisition of hotel properties, net | $0 | ($43.7M) | — | — |
| Proceeds from sale of hotel properties, net | $70.0M | $45.9M | $0 | $79.6M |
| Payments of franchise application costs | ($110.0K) | ($700.0K) | — | — |
| Net cash provided by (used in) investing activities | $45.4M | ($29.2M) | ($28.1M) | $30.0M |
| Borrowings on revolving credit facility | $15.0M | $150.0M | $0 | $40.0M |
| Repayments on revolving credit facility | ($125.0M) | ($40.0M) | $0 | ($110.0M) |
| Repayments on construction loan | $0 | $0 | ($39.3M) | — |
| Borrowings on unsecured term loan | $200.0M | $50.0M | $90.0M | — |
| Repayments on unsecured term loan | ($140.0M) | — | — | — |
| Repayments of mortgage debt | ($16.0M) | ($297.2M) | — | — |
| Proceeds from the issuance of mortgage debt | $0 | $60.3M | $82.9M | — |
| Principal payments on finance lease | ($26.0K) | ($15.0K) | — | — |
| Payments of financing costs | ($6.2M) | ($1.1M) | ($1.5M) | ($3.4M) |
| Payment of offering costs on common shares | 0 | -278.0K | -2.0K | -107.0K |
| Proceeds from issuance of common shares | 54.0K | 53.0K | 61.0K | 57.0K |
| In-substance repurchase of vested common shares | -5.0K | — | — | — |
| Repurchases of common shares | -9.0M | — | — | — |
| Distributions - common shares/units | -17.6M | -14.4M | -14.2M | -147.0K |
| Distributions - preferred shares | -8.0M | -8.0M | -8.0M | -8.0M |
| Net cash used in financing activities | ($106.6M) | ($100.6M) | ($7.7M) | ($86.2M) |
| Net change in cash, cash equivalents and restricted cash | $2.8M | ($55.9M) | $40.6M | $15.3M |
| Cash, cash equivalents and restricted cash, beginning of period | $29.8M | $85.7M | $45.2M | $29.9M |
| Cash, cash equivalents and restricted cash, end of period | $32.6M | $29.8M | $85.7M | $45.2M |
| Cash paid for interest | $24.2M | $29.5M | $24.9M | $25.3M |
| Cash paid for taxes | $637.0K | $871.0K | $930.0K | $768.0K |
| Remeasurement of right of use asset from partial lease termination | $0 | $0 | $531.0K | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $3.9M | ($4.5M) | $10.6M | $7.0M |
| Depreciation and amortization of investment in hotel properties | $30.4M | $14.7M | $45.0M | $30.3M |
| Amortization of deferred franchise fees | $120.0K | $53.0K | $150.0K | $101.0K |
| Amortization of deferred financing fees included in interest expense | $920.0K | $457.0K | $1.0M | $663.0K |
| Gain on sale of hotel properties | ($131.0K) | ($122.0K) | ($7.5M) | ($7.5M) |
| Share-based compensation | $3.0M | $1.5M | $4.7M | $3.2M |
| Right of use asset | $336.0K | $166.0K | $472.0K | $312.0K |
| Hotel receivables | ($143.0K) | $29.0K | ($989.0K) | ($1.7M) |
| Deferred costs | ($17.0K) | $17.0K | $58.0K | $82.0K |
| Prepaid expenses and other assets | ($4.8M) | ($4.3M) | ($4.0M) | ($5.0M) |
| Accounts payable and accrued expenses | $5.7M | $5.5M | $2.6M | ($904.0K) |
| Lease liability | ($296.0K) | ($146.0K) | ($397.0K) | ($259.0K) |
| Net cash provided by operating activities | $38.9M | $13.3M | $51.8M | $26.3M |
| Improvements and additions to hotel properties | ($13.4M) | ($6.0M) | ($20.4M) | ($16.4M) |
| Acquisition of hotel properties | ($92.5M) | ($92.5M) | $0 | $0 |
| Proceeds from sale of hotel properties, net | $0 | $0 | $53.0M | $53.0M |
| Net cash (used in) provided by investing activities | ($105.9M) | ($98.5M) | $32.4M | $36.5M |
| Borrowings on revolving credit facility | $95.0M | $90.0M | $15.0M | $15.0M |
| Repayments on revolving credit facility | ($20.0M) | ($5.0M) | ($125.0M) | ($55.0M) |
| Repayments of mortgage debt | $0 | $0 | ($16.0M) | ($16.0M) |
| Principal payments on finance lease | ($41.0K) | — | ($26.0K) | ($26.0K) |
| Proceeds from issuance of common shares | 26.0K | 12.0K | 43.0K | 27.0K |
| In-substance repurchase of vested common shares | 0 | 0 | -5.0K | -5.0K |
| Repurchases of common shares | -9.5M | -6.6M | -2.0M | -144.0K |
| Distributions-common shares/units | -9.5M | -4.5M | -13.0M | -8.3M |
| Distributions-preferred shares | -4.0M | -2.0M | -6.0M | -4.0M |
| Net cash provided by (used in) financing activities | $52.0M | $71.8M | ($92.7M) | ($68.4M) |
| Net change in cash, cash equivalents and restricted cash | ($14.9M) | ($13.3M) | ($8.5M) | ($5.6M) |
| Cash, cash equivalents and restricted cash, beginning of period | $32.6M | $32.6M | $29.8M | $29.8M |
| Cash, cash equivalents and restricted cash, end of period | $17.7M | $19.3M | $21.4M | $24.2M |
| Cash paid for interest | $11.5M | $5.2M | $18.6M | $12.4M |
| Capitalized interest | $7.0K | — | — | — |
| Cash paid for taxes | $675.0K | $41.0K | $955.0K | $859.0K |
Chatham Lodging Trust score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.