Quarterly ResultApr 30, 2026, 12:30 PM
CHH Q1 Net Income -54.4% to $20.3M; EPS $0.44; Revenue +2.3% to $340.6M
AI Summary
CHOICE HOTELS INTERNATIONAL INC /DE reported a significant decline in its first-quarter 2026 financial results. Net income decreased by 54.4% to $20.3 million, with diluted EPS falling to $0.44 from $0.94 in the prior year. Total revenues saw a modest increase of 2.3% to $340.6 million, but operating income dropped by 24.9%. The company also reported negative cash flow from operating activities and an increase in long-term debt.
Key Highlights
- Net income decreased 54.4% to $20.3 million for Q1 2026 from $44.5 million in Q1 2025.
- Diluted EPS fell 53.2% to $0.44 in Q1 2026 from $0.94 in Q1 2025.
- Total revenues increased 2.3% to $340.6 million in Q1 2026 from $332.9 million in Q1 2025.
- Operating income decreased 24.9% to $60.0 million in Q1 2026 from $79.9 million in Q1 2025.
- Hotel Franchising & Management revenues rose 2.1% to $309.5 million.
- Net cash used in operating activities was $23.2 million in Q1 2026, compared to $20.5 million provided in Q1 2025.
- Long-term debt increased 5.1% to $2.003 billion as of March 31, 2026.
- Purchases of treasury stock totaled $56.5 million in Q1 2026.