Every 10-Q that Service Properties Trust (SVC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SVC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SVC filings page.
Service Properties Trust, a REIT focused on service‑oriented net lease properties and hotels, reported weaker 2026 results while continuing a major balance‑sheet reshaping. As of June 30, 2026 it owned 745 net lease assets and 93 hotels across 46 U.S. states, the District of Columbia, Canada and Puerto Rico.
For the six months ended June 30, 2026, total revenues were $785,425 (amounts in thousands) versus $938,615 a year earlier, mainly because 2025 and 2026 hotel sales reduced hotel operating revenues. Net loss expanded to $375,016 from $154,594, largely due to $217,192 of impairment charges on hotels and net lease properties and $61,254 of losses on early extinguishment of debt. Operations still generated $43,842 of cash from operating activities.
Capital structure actions were substantial. The trust issued 95,833,333 common shares for net proceeds of approximately $541,798, issued $745,000 of net lease mortgage notes and used these funds plus cash to redeem $1,550,000 principal amount of higher‑coupon senior notes. The carrying value of total financial liabilities fell to $4,509,037 at June 30, 2026 from $5,289,428 at December 31, 2025, while common shares outstanding increased to 129,527,433. The portfolio shift toward net lease properties and continued hotel dispositions remained central to strategy.
Service Properties Trust reported a larger net loss for the quarter ended March 31, 2026 as it continued reshaping its portfolio and balance sheet. Net loss widened to $151.2 million, or $0.91 per share, from $116.4 million, driven in part by a $51.9 million loss on early extinguishment of debt and $28.1 million of asset impairments.
Total revenues fell to $364.5 million from $435.2 million as hotel operating revenues declined 21.0% following significant hotel sales, while rental income was essentially flat. SVC ended the quarter with 854 properties, including 761 service-focused net lease sites and 93 hotels, and remains focused on expanding its net lease portfolio and improving retained hotel performance.
The company undertook major financing actions. It issued $745.0 million of net lease mortgage notes and used cash and these proceeds to redeem $1.0 billion of higher-coupon senior unsecured notes in the quarter. In April and May 2026, it completed a large equity offering of 479.2 million shares at $1.20 per share, raising roughly $542.3 million in net proceeds that were used to redeem an additional $550.0 million of senior notes.
Service Properties Trust (SVC) reported Q3 2025 results with total revenues of $478.8 million and a net loss of $(46.9) million, or $(0.28) per share. Year to date, revenues were $1,417.4 million with a net loss of $(201.5) million. Results reflect higher interest expense and non‑cash real estate impairments alongside gains on asset sales.
SVC advanced its portfolio repositioning. Through Q3, it sold 56 properties for gross proceeds of $343.9 million and recorded a net gain of $25.8 million and impairments of $81.8 million for the nine months. As of September 30, 76 hotels and seven net lease assets were classified as held for sale. Subsequent to quarter‑end, it sold six hotels for $66.5 million and one net lease asset for $0.55 million, and entered agreements to sell 69 hotels for $567.5 million.
On capital structure, SVC issued $580.2 million zero‑coupon senior secured notes due 2027, raising approximately $490 million net, and redeemed $350 million of 5.25% notes in September; in October it redeemed $450 million of 4.75% notes. Liquidity remained solid with cash and restricted cash of $441.2 million and $650 million of revolver availability as of September 30.