Xenia Hotels & Resorts Inc'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), Xenia Hotels & Resorts Inc reported revenue of $1.1B (+3.8% year on year) and net income of $68.3M (+420.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenues: | $1.1B | $1.0B | $1.0B | $997.6M |
| Expenses | $446.9M | $429.8M | $416.5M | $398.4M |
| Total hotel operating expenses | $748.6M | $730.4M | $703.8M | $672.3M |
| Depreciation and amortization | $130.7M | $128.7M | $132.0M | $132.6M |
| Real estate taxes, personal property taxes and insurance | $50.8M | $53.1M | $50.5M | $44.4M |
| Ground lease expense | $1.9M | $3.2M | $3.0M | $2.8M |
| General and administrative expenses | $36.8M | $36.2M | $37.2M | $34.3M |
| Gain on business interruption insurance | ($510.0K) | ($2.3M) | ($218.0K) | ($2.5M) |
| Other operating expenses | $2.4M | $2.3M | $1.5M | $1.1M |
| Impairment and other losses | $279.0K | $520.0K | $0 | $1.3M |
| Total expenses | $971.0M | $952.2M | $927.8M | $886.2M |
| Operating income | $107.5M | $86.8M | $97.6M | $111.4M |
| Gain on sale of investment properties | $40.0M | $1.6M | $0 | $27.3M |
| Other income | $7.5M | $9.4M | $9.9M | $4.2M |
| Interest expense | ($86.7M) | ($80.9M) | ($85.0M) | ($82.7M) |
| Loss on extinguishment of debt | $0 | ($3.9M) | ($1.2M) | ($294.0K) |
| Net income before income taxes | $68.3M | $13.1M | $21.3M | $59.8M |
| Income tax (expense) benefit | ($1.4M) | $3.7M | ($1.4M) | ($2.2M) |
| Net income attributable to non-controlling interests | ($3.8M) | ($727.0K) | ($732.0K) | ($1.7M) |
| Net income attributable to common stockholders | $63.1M | $16.1M | $19.1M | $55.9M |
| Net income per share available to common stockholders - basic (in dollars per share) | $0.64 | $0.15 | $0.17 | $0.49 |
| Net income per share available to common stockholders - diluted (in dollars per share) | $0.64 | $0.15 | $0.17 | $0.49 |
| Weighted-average number of common shares, basic (in shares) | 96.7M | 101.8M | 108.2M | 114.1M |
| Weighted-average number of common shares, diluted (in shares) | 97.2M | 102.3M | 108.4M | 114.4M |
| Net income | $66.9M | $16.9M | $19.9M | $57.6M |
| Unrealized gain (loss) on interest rate derivative instruments | ($169.0K) | $2.5M | $5.2M | $2.9M |
| Reclassification adjustment for amounts recognized in net income (interest expense) | ($706.0K) | ($4.1M) | ($2.7M) | $1.6M |
| Comprehensive (loss) income, including portion attributable to noncontrolling interests | $66.0M | $15.3M | $22.4M | $62.2M |
| Comprehensive income attributable to non-controlling interests | ($3.8M) | ($677.0K) | ($823.0K) | ($2.2M) |
| Comprehensive income attributable to the Company | $62.2M | $14.6M | $21.6M | $60.0M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Total revenues | $295.5M | $295.4M | $236.4M | $287.6M |
| Expenses | $118.8M | $117.8M | $103.0M | $114.9M |
| Total hotel operating expenses | $198.2M | $195.6M | $177.1M | $190.9M |
| Depreciation and amortization | $31.8M | $31.9M | $32.6M | $32.6M |
| Real estate taxes, personal property taxes and insurance | $12.7M | $12.2M | $13.1M | $11.9M |
| Ground lease expense | $494.0K | $380.0K | $264.0K | $527.0K |
| General and administrative expenses | $11.2M | $9.1M | $8.8M | $10.8M |
| Other operating expenses | $2.3M | $4.1M | $355.0K | $224.0K |
| Impairment and other losses | $38.8M | $487.0K | $0 | $279.0K |
| Total expenses | $295.5M | $253.8M | $231.7M | $247.4M |
| Operating income | $31.0K | $41.6M | $4.7M | $40.2M |
| Gain on sale of investment properties | $0 | — | $0 | $40.0M |
| Other income | $848.0K | $1.5M | $1.9M | $1.7M |
| Interest expense | ($20.5M) | ($20.9M) | ($21.8M) | ($21.9M) |
| Loss on extinguishment of debt | ($14.0K) | ($21.0K) | — | — |
| Net income (loss) before income taxes | ($19.7M) | $22.2M | ($15.2M) | $59.9M |
| Income tax expense | ($1.1M) | ($1.0M) | $684.0K | ($1.4M) |
| Net (income) loss attributable to non-controlling interests (Note 1) | $1.4M | ($1.4M) | $790.0K | ($3.4M) |
| Net income (loss) attributable to common stockholders | ($19.3M) | $19.8M | ($13.7M) | $55.2M |
| Net income (loss) per share available to common stockholders - basic (in dollars per share) | -$0.21 | $0.21 | -$0.14 | $0.56 |
| Net income (loss) per share available to common stockholders - diluted (in dollars per share) | -$0.21 | $0.21 | -$0.14 | $0.56 |
| Weighted-average number of common shares (basic) (in shares) | 92.2M | 92.2M | 95.2M | 97.7M |
| Weighted-average number of common shares (diluted) (in shares) | 92.2M | 92.7M | 95.2M | 98.1M |
| Net income (loss) | ($20.7M) | $21.2M | ($14.5M) | $58.6M |
| Unrealized gain (loss) on interest rate derivative instruments | $20.0K | $121.0K | $57.0K | ($14.0K) |
| Reclassification adjustment for amounts recognized in net income (loss) (interest expense) | ($48.0K) | ($58.0K) | ($157.0K) | ($153.0K) |
| Comprehensive (loss) income including portion attributable to noncontrolling interest | ($20.8M) | $21.3M | ($14.6M) | $58.4M |
| Comprehensive (income) loss attributable to non-controlling interests (Note 1) | $1.4M | ($1.4M) | $795.0K | ($3.4M) |
| Comprehensive income (loss) attributable to the Company | ($19.4M) | $19.8M | ($13.8M) | $55.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Land | $472.6M | $455.9M | $460.3M | $460.5M |
| Buildings and other improvements | $3.1B | $3.2B | $3.1B | $3.1B |
| Total | $3.6B | $3.6B | $3.6B | $3.5B |
| Less: accumulated depreciation | ($1.1B) | ($1.1B) | ($963.1M) | ($945.8M) |
| Net investment properties | $2.5B | $2.6B | $2.6B | $2.6B |
| Cash and cash equivalents | $140.4M | $78.2M | $164.7M | $305.1M |
| Restricted cash and escrows | $82.7M | $65.4M | $58.4M | $60.8M |
| Accounts and rents receivable, net of allowance for doubtful accounts | $26.9M | $25.8M | $32.4M | $37.6M |
| Intangible assets, net of accumulated amortization (Note 5) | $4.8M | $4.9M | $4.9M | $5.1M |
| Deferred tax assets, net (Note 9) | $5.5M | $5.3M | — | — |
| Other assets | $46.2M | $61.3M | $46.9M | $70.0M |
| Total assets | $2.8B | $2.8B | $2.9B | $3.1B |
| Debt, net of loan premiums, discounts and unamortized deferred financing costs (Note 6) | $1.4B | $1.3B | $1.4B | $1.4B |
| Finance lease liabilities | $7.6M | — | — | — |
| Accounts payable and accrued expenses | $93.5M | $102.9M | $102.4M | $107.1M |
| Distributions payable | $13.5M | $12.6M | $10.8M | $11.5M |
| Other liabilities | $87.6M | $101.1M | $76.6M | $72.4M |
| Total liabilities | $1.6B | $1.6B | $1.6B | $1.6B |
| Common stock, $0.01 par value, 500,000,000 shares authorized, 92,153,929 and 101,310,135 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 922.0K | 1.0M | 1.0M | 1.1M |
| Additional paid in capital | $1.8B | $1.9B | $1.9B | $2.1B |
| Accumulated other comprehensive income | $86.0K | $925.0K | $2.4M | $0 |
| Accumulated distributions in excess of net earnings | ($670.4M) | ($679.8M) | ($647.2M) | ($623.2M) |
| Total Company stockholders' equity | $1.1B | $1.2B | $1.3B | $1.4B |
| Non-controlling interests | $49.3M | $37.2M | $26.5M | $18.8M |
| Total equity | $1.2B | $1.3B | $1.3B | $1.5B |
| Total liabilities and equity | $2.8B | $2.8B | $2.9B | $3.1B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Land | $454.3M | $472.6M | $472.6M | $472.6M |
| Buildings and other improvements | $3.1B | $3.1B | $3.2B | $3.1B |
| Total | $3.6B | $3.6B | $3.6B | $3.6B |
| Less: accumulated depreciation | ($1.1B) | ($1.1B) | ($1.1B) | ($1.1B) |
| Net investment properties | $2.4B | $2.5B | $2.5B | $2.5B |
| Cash and cash equivalents | $112.4M | $101.1M | $188.2M | $172.6M |
| Restricted cash and escrows | $83.7M | $78.5M | $80.7M | $78.4M |
| Accounts and rents receivable, net of allowance for doubtful accounts | $36.5M | $46.4M | $30.4M | $35.6M |
| Goodwill | $4.8M | $4.8M | — | — |
| Deferred tax assets, net (Note 8) | $5.4M | $5.5M | $5.3M | $5.2M |
| Other assets | $50.0M | $53.3M | $47.3M | $54.2M |
| Assets held for sale (Note 4) | $10.7M | — | — | — |
| Total assets | $2.7B | $2.8B | $2.9B | $2.9B |
| Debt, net of loan premiums, discounts and unamortized deferred financing costs (Note 5) | $1.4B | $1.4B | $1.4B | $1.4B |
| Finance lease liabilities | $7.6M | $7.6M | — | — |
| Accounts payable and accrued expenses | $94.3M | $110.0M | $119.2M | $96.7M |
| Distributions payable | $13.7M | $13.6M | $14.0M | $14.0M |
| Other liabilities | $78.1M | $81.5M | $87.3M | $78.8M |
| Liabilities associated with assets held for sale (Note 4) | $1.4M | — | — | — |
| Total liabilities | $1.6B | $1.6B | $1.6B | $1.6B |
| Common stock, $0.01 par value, 500,000,000 shares authorized, 92,245,835 and 92,153,929 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | 923.0K | 923.0K | 948.0K | 958.0K |
| Additional paid in capital | $1.8B | $1.8B | $1.8B | $1.9B |
| Accumulated other comprehensive income | $118.0K | $144.0K | $179.0K | $274.0K |
| Accumulated distributions in excess of net earnings | ($696.0M) | ($663.7M) | ($663.6M) | ($636.5M) |
| Total Company stockholders' equity | $1.1B | $1.1B | $1.2B | $1.2B |
| Non-controlling interests | $54.6M | $52.5M | $47.3M | $45.8M |
| Total equity | $1.2B | $1.2B | $1.2B | $1.3B |
| Total liabilities and equity | $2.7B | $2.8B | $2.9B | $2.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $66.9M | $16.9M | $19.9M | $57.6M |
| Depreciation | $130.7M | $128.7M | $131.8M | $132.1M |
| Non-cash ground rent and amortization of other intangibles | $22.0K | $90.0K | $214.0K | $535.0K |
| Amortization of debt premiums, discounts, and financing costs | $4.5M | $5.4M | $4.9M | $5.3M |
| Loss on extinguishment of debt | $0 | $2.0M | $1.2M | $294.0K |
| Gain on sale of investment properties | ($40.0M) | ($1.6M) | $0 | ($27.3M) |
| Impairment and other losses | $279.0K | — | $0 | $0 |
| Gain on insurance recoveries | ($1.6M) | ($4.4M) | ($535.0K) | ($3.5M) |
| Share-based compensation expense | $13.1M | $13.7M | $13.2M | $11.4M |
| Deferred interest expense | $0 | $0 | ($1.3M) | ($409.0K) |
| Accounts and rents receivable | ($1.2M) | $6.7M | $5.1M | ($8.9M) |
| Other assets | $7.3M | ($18.9M) | $27.6M | ($6.8M) |
| Accounts payable and accrued expenses | ($4.1M) | ($2.2M) | ($6.4M) | $22.5M |
| Other liabilities | $635.0K | $17.6M | $2.4M | $4.3M |
| Net cash provided by operating activities | $176.5M | $163.7M | $198.1M | $187.1M |
| Purchase of investment properties | ($25.4M) | $0 | $0 | ($328.5M) |
| Capital expenditures | ($86.6M) | ($140.6M) | ($120.9M) | ($70.4M) |
| Proceeds from sale of investment properties | $101.4M | $29.1M | $0 | $127.1M |
| Proceeds from property insurance | $3.6M | $3.0M | $535.0K | $4.0M |
| Performance guaranty payments | $0 | $151.0K | $1.6M | $2.3M |
| Net cash used in investing activities | ($7.1M) | ($108.2M) | ($118.8M) | ($265.4M) |
| Proceeds from mortgage debt modification | $0 | $0 | $440.0K | — |
| Payoff of mortgage debt | $0 | $0 | ($99.5M) | ($65.0M) |
| Principal payments of mortgage debt | ($4.4M) | ($3.4M) | ($3.3M) | ($4.5M) |
| Principal payments on finance leases | ($9.0K) | — | — | — |
| Proceeds from Corporate Credit Facility Term Loans | $100.0M | $225.0M | $225.0M | — |
| Principal payments on Corporate Credit Facility Term Loans | $0 | ($225.0M) | ($125.0M) | $0 |
| Proceeds from draws on the Revolving Credit Facility | $10.0M | $10.0M | — | $0 |
| Payments on the Revolving Credit Facility | ($20.0M) | — | $0 | $0 |
| Proceeds from Senior Notes | $0 | $400.0M | $0 | $0 |
| Principal payments of 2020 Senior Notes | $0 | ($464.7M) | — | — |
| Repurchase of 2020 Senior Notes | $0 | $0 | ($34.9M) | — |
| Payment of loan fees and issuance costs | $0 | ($12.1M) | ($5.6M) | $0 |
| Payment of loan modification fees | $0 | $0 | ($25.0K) | — |
| Repurchase of common shares | -120.4M | -15.8M | -132.7M | -28.2M |
| Redemption of Operating Partnership Units | ($342.0K) | ($655.0K) | ($1.4M) | $0 |
| Dividends and dividend equivalents | ($54.2M) | ($47.9M) | ($578.0K) | ($627.0K) |
| Shares redeemed to satisfy tax withholding on vested share-based compensation | -575.0K | -351.0K | -44.6M | -11.7M |
| Net cash used in financing activities | ($89.9M) | ($135.0M) | ($222.1M) | ($110.1M) |
| Net increase (decrease) in cash and cash equivalents and restricted cash | $79.5M | ($79.5M) | ($142.8M) | ($188.3M) |
| Cash and cash equivalents and restricted cash, at beginning of year | $143.6M | $223.1M | $365.9M | $554.2M |
| Cash and cash equivalents and restricted cash, at end of year | $223.1M | $143.6M | $223.1M | $365.9M |
| Cash and cash equivalents | $140.4M | $78.2M | $164.7M | $305.1M |
| Restricted cash | $82.7M | $65.4M | $58.4M | $60.8M |
| Total cash and cash equivalents and restricted cash shown in the statements of cash flows | $223.1M | $143.6M | $223.1M | $365.9M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $484.0K | $21.2M | $60.5M | $75.1M |
| Depreciation | $63.7M | $31.9M | $98.4M | $65.8M |
| Non-cash ground rent and amortization of other intangibles | $2.0K | $1.0K | $19.0K | $14.0K |
| Amortization of debt premiums, discounts, and financing costs | $2.3M | $1.1M | $3.3M | $2.2M |
| Loss on extinguishment of debt | $35.0K | ($21.0K) | — | — |
| Gain on sale of investment properties | $0 | — | ($40.0M) | ($40.0M) |
| Impairment and other losses | $38.8M | — | $279.0K | $279.0K |
| Gain on insurance recoveries | $0 | $0 | ($1.6M) | ($548.0K) |
| Share-based compensation expense | $7.6M | $2.8M | $10.5M | $7.2M |
| Accounts and rents receivable | ($9.8M) | ($19.5M) | ($4.6M) | ($9.8M) |
| Other assets | ($3.9M) | ($7.1M) | $9.8M | $3.3M |
| Accounts payable and accrued expenses | $2.1M | $16.7M | $20.6M | ($1.7M) |
| Other liabilities | ($4.7M) | ($2.1M) | ($2.1M) | ($10.8M) |
| Net cash provided by operating activities | $96.5M | $45.0M | $155.1M | $91.1M |
| Purchase of investment properties | $0 | $0 | ($25.4M) | ($25.4M) |
| Capital expenditures | ($30.6M) | ($15.2M) | ($70.7M) | ($50.8M) |
| Proceeds from sale of investment properties | $0 | — | $101.4M | $101.4M |
| Proceeds from property insurance | $0 | $0 | $3.5M | $2.4M |
| Net cash (used in) provided by investing activities | ($30.6M) | ($15.2M) | $8.7M | $27.5M |
| Payoff of mortgage debt | ($63.4M) | ($58.1M) | — | — |
| Principal payments of mortgage debt | ($1.9M) | ($1.0M) | ($3.3M) | ($2.2M) |
| Principal payments on finance leases | ($5.0K) | ($3.0K) | — | — |
| Proceeds from Corporate Credit Facility Term Loan | $0 | $0 | $100.0M | $100.0M |
| Proceeds from draw on the Revolving Credit Facility | $0 | $0 | $10.0M | $10.0M |
| Payments on the Revolving Credit Facility | $0 | $0 | ($20.0M) | ($20.0M) |
| Repurchase of common shares | 0 | 0 | -83.8M | -71.5M |
| Redemption of Operating Partnership Units | $0 | $0 | ($342.0K) | ($342.0K) |
| Dividends and dividend equivalents | ($26.8M) | ($13.4M) | ($40.5M) | ($26.7M) |
| Shares redeemed to satisfy tax withholding on vested share-based compensation | -763.0K | -763.0K | -576.0K | -576.0K |
| Net cash used in financing activities | ($92.9M) | ($73.3M) | ($38.5M) | ($11.2M) |
| Net increase (decrease) in cash and cash equivalents and restricted cash | ($27.0M) | ($43.6M) | $125.4M | $107.4M |
| Cash and cash equivalents and restricted cash, at beginning of period | $223.1M | $223.1M | $143.6M | $143.6M |
| Cash and cash equivalents and restricted cash, at end of period | $196.1M | $179.6M | $269.0M | $251.0M |
| Cash and cash equivalents | $112.4M | $101.1M | $188.2M | $172.6M |
| Restricted cash | $83.7M | $78.5M | $80.7M | $78.4M |
| Total cash and cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows | $196.1M | $179.6M | $269.0M | $251.0M |
| Cash paid for interest, net of $0.3 million of capitalized interest for the six months ended June 30, 2026 and 2025, respectively. | $39.9M | $7.7M | $48.7M | $40.5M |
| Cash paid for taxes | $780.0K | $248.0K | $1.8M | $1.6M |
| Accrued capital expenditures | $64.0K | $180.0K | $1.7M | $1.6M |
| Distributions payable | $13.7M | $13.6M | $14.0M | $14.0M |
Xenia Hotels & Resorts Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.