Financial Statements — BHR
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.09 | 0.09 | 0.12 | 0.08 | 0.08 | 0.17 | 0.11 | 0.14 | 0.15 | 0.13 | 0.28 | 0.36 | 0.25 | 0.19 | 0.20 | 0.16 | 0.09 |
| Real Estate Assets | 1.10 | 1.54 | 1.68 | 1.78 | 1.77 | 1.79 | 1.80 | 1.88 | 1.88 | 1.89 | 1.88 | 1.62 | 1.63 | 1.63 | 1.45 | 1.39 | 1.41 |
| Total Assets | 1.66 | 1.85 | 2.01 | 2.06 | 2.10 | 2.18 | 2.21 | 2.28 | 2.27 | 2.26 | 2.41 | 2.21 | 2.09 | 2.05 | 1.84 | 1.76 | 1.68 |
| Long-term Debt | 0.75 | 1.11 | 1.16 | 1.21 | 1.20 | 1.21 | 1.13 | 1.22 | 1.18 | 1.14 | 1.28 | 1.24 | 1.24 | 1.24 | 1.17 | 1.14 | 1.12 |
| Total Liabilities | 1.18 | 1.35 | 1.37 | 1.40 | 1.40 | 1.41 | 1.43 | 1.47 | 1.42 | 1.37 | 1.50 | 1.46 | 1.44 | 1.45 | 1.35 | 1.31 | 1.28 |
| Retained Earnings | (0.56) | (0.56) | (0.52) | (0.50) | (0.48) | (0.44) | (0.44) | (0.41) | (0.38) | (0.34) | (0.32) | (0.31) | (0.29) | (0.30) | (0.30) | (0.30) | (0.28) |
| Total Stockholder Equity | 0.15 | 0.15 | 0.21 | 0.23 | 0.24 | 0.28 | 0.28 | 0.31 | 0.34 | 0.38 | 0.39 | 0.43 | 0.45 | 0.43 | 0.40 | 0.37 | 0.29 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 171.03 | 208.98 | 165.56 | 143.56 | 179.08 | 215.82 | 173.34 | 148.40 | 187.59 | 219.08 | 177.53 | 159.80 | 186.71 | 215.30 | 171.62 | 161.19 | 174.89 | 161.88 | 130.41 | 116.18 |
| Cost of Revenue* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 87.10 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 86.48 |
| Operating Income | 30.61 | 39.62 | (12.08) | 29.81 | 17.89 | 36.74 | 3.78 | 70.33 | 12.18 | 42.47 | 5.84 | 0.65 | 17.39 | 37.80 | 12.07 | 3.11 | 26.76 | 26.45 | 6.89 | 1.05 |
| Net Income | 7.04 | 17.70 | (33.59) | 5.74 | (5.47) | 11.00 | (18.65) | 12.60 | (11.56) | 15.93 | (19.17) | (22.03) | (1.85) | 16.03 | (3.23) | (8.04) | 14.37 | 14.66 | (1.78) | (6.95) |
| Diluted EPS | (0.01) | 0.07 | (0.67) | (0.12) | (0.24) | (0.04) | (0.47) | (0.02) | (0.33) | 0.05 | (0.48) | (0.50) | (0.20) | 0.05 | (0.22) | (0.24) | 0.12 | 0.15 | (0.01) | (0.15) |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 20.92 | 21.95 | 8.34 | (5.76) | 23.05 | 15.15 | 6.65 | 0.01 | 24.12 | 36.04 | 11.71 | 11.04 | 19.65 | 42.31 | 5.50 | 24.15 | 51.04 | 28.79 | 8.80 | 23.64 |
| Capital Expenditures | 5.75 | 12.07 | 23.35 | 21.54 | 17.71 | 15.31 | 15.77 | 15.60 | 15.89 | 23.33 | 0.00 | 0.00 | 0.00 | 0.00 | 267.65 | 0.00 | (0.16) | 86.96 | 9.80 | 6.76 |
| Free Cash Flow* | 15.17 | 9.88 | (15.01) | (27.30) | 5.34 | (0.16) | (9.12) | (15.59) | 8.23 | 12.71 | 11.71 | 11.04 | 19.65 | 42.31 | (262.15) | 24.15 | 51.20 | (58.16) | (0.99) | 16.88 |
| Investing Cash Flow | 164.05 | (11.88) | 103.13 | 118.16 | 2.55 | (14.20) | (17.16) | 91.35 | (15.85) | (22.83) | (21.49) | (19.47) | (17.37) | (18.73) | (278.60) | (16.78) | (9.09) | (97.75) | (18.01) | (13.39) |
| Financing Cash Flow | (181.81) | (28.16) | (108.60) | (84.13) | (26.14) | (49.76) | (21.57) | (55.28) | (46.63) | 39.71 | (30.55) | 23.80 | (155.36) | 5.27 | 175.99 | 106.29 | 30.86 | 31.92 | 32.31 | 14.93 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2019 | Q3
2019 | Q2
2019 | Q1
2019 |
|---|
| Dividends Per Share | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.01 | 0.01 | 0.01 | (0.20) | 0.16 | 0.16 | 0.52 |
