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Host Hotels & Resorts (HST) Q2 FY2026 earnings: revenue $1.6 billion, up 3.4% on the year

Host Hotels & Resorts, Inc. (HST) reported revenue of $1.6 billion for Q2 FY2026, the quarter ended 30 June 2026, up 3.4% on the same quarter a year earlier. Net income was $237 million, up 7.2% on the year, and diluted earnings per share $0.35. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue
$1.6 billion
+3.4% on the year · -0.3% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
17.9%
17.5% a year earlier
Q3 FY2024Q2 FY2026
Net income
$237 million
+7.2% on the year · -52.0% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$0.35
+9.4% on the year · -51.4% on the quarter
Q3 FY2024Q2 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 8 raised, 1 lowered, 7 narrowed, 2 kept.

  • Comparable RevPAR rose 7.0%: Comparable hotel RevPAR rose 7.0% in the quarter, with management attributing the increase primarily to higher room rates.
  • Total RevPAR rose 5.9%: Comparable hotel Total RevPAR rose 5.9% for the quarter, with room rates and food and beverage spend as drivers.
  • Comparable EBITDA margin up 60 bps: Comparable hotel EBITDA margin rose 60 basis points to 31.9%, which management attributed mainly to average room rate increases.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Revenue1,6401,6451,586-0.3%+3.4%
Operating income293319277-8.2%+5.8%
Operating margin17.9%19.4%17.5%
Interest expense58.059.058.0-1.7%0.0%
Pre-tax income259518252-50.0%+2.8%
Income tax18.017.027.0+5.9%-33.3%
Effective tax rate6.9%3.3%10.7%
Net income237494221-52.0%+7.2%
Net margin14.5%30.0%13.9%
Diluted EPS$0.35$0.72$0.32-51.4%+9.4%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow503342444+47.1%+13.3%
Capital expenditure52.051.063.0+2.0%-17.5%
Free cash flow451291381+55.0%+18.4%
Free cash flow margin27.5%17.7%24.0%
Cash from investing-108914-115
Cash from financing-139-337-256
Depreciation and amortisation193190195+1.6%-1.0%
Share-based compensation6.06.05.00.0%+20.0%
Buybacks0.075.0105
Dividends paid136241138-43.6%-1.4%
Dividend per share$0.92$0.20$0.20+360.0%+360.0%
Diluted shares, weighted687m689m694m-0.3%-1.0%
Shares outstanding at period end685m685m688m+0.0%-0.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity6,3886,8276,638-6.4%-3.8%
Non-controlling interest4.03.03.0+33.3%+33.3%
Redeemable equity226184136+22.8%+66.2%
Debt5,0825,0795,077+0.1%+0.1%
Other liabilities1,5531,0611,106+46.4%+40.4%
Total liabilities and equity13,25313,15412,960+0.8%+2.3%
Fixed assets9,6399,69810,795-0.6%-10.7%
Cash and equivalents1,9531,703490+14.7%+298.6%
Other assets1,6611,7531,675-5.2%-0.8%
Total assets13,25313,15412,960+0.8%+2.3%

Questions

What was Host Hotels & Resorts' revenue in Q2 FY2026?

Host Hotels & Resorts (HST) reported revenue of $1.6 billion for Q2 FY2026, the quarter ended 30 June 2026, up 3.4% on the same quarter a year earlier.

How much did Host Hotels & Resorts earn in Q2 FY2026?

Net income for Q2 FY2026 was $237 million, up 7.2% on the year, and diluted earnings per share $0.35.

When did Host Hotels & Resorts report Q2 FY2026 results?

Host Hotels & Resorts filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 7 August 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue9981,0741,3811,1891,2631,3811,3931,2141,3231,4711,4661,3191,4281,5941,5861,3311,6031,6451,6401,347
Operating income79.0122327148178248249157173291292135157285277101192319293121
Operating margin8%11%24%12%14%18%18%13%13%20%20%10%11%18%17%8%12%19%18%9%
Interest expense63.036.037.040.043.049.045.048.049.047.050.059.059.057.058.060.060.059.058.059.0
Pre-tax income31310229912214628922812814327025890.010325025217214451825978.0
Tax rate-3%-16%13%5%-2%-1%6%12%6%-1%6%7%-6%-0%11%5%5%3%7%9%
Net income32011625611414728721011113226823982.010824822116113549423770.0
Net margin32%11%19%10%12%21%15%9%10%18%16%6%8%16%14%12%8%30%14%5%
Diluted EPS$0.46$0.16$0.36$0.16$0.20$0.40$0.29$0.16$0.19$0.38$0.34$0.12$0.15$0.35$0.32$0.23$0.20$0.72$0.35$0.10
Operating cash flow214261447348360308512314307365453349331305444218543342503345
Capital expenditure92.083.079.078.067.051.046.043.055.033.044.087.096.046.063.075.098.051.052.071.0
Free cash flow122178368270293257466271252332409262235259381143445291451274
Buybacksn/a0.00.00.027.050.00.010032.00.050.057.00.01001050.00.075.00.00.0
Dividends paid0.00.021.044.085.022885.0107127316141141139210138138137241136630
Shares outstanding714m715m715m715m713m711m711m705m704m705m702m699m699m694m688m688m688m685m685m685m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 June 2026, filed 7 August 2026: the filing.