HST earnings analysis
What we found in HST's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The supplied 10-Q information provides limited operating detail but indicates reported quarterly revenue of approximately $1.64 billion and EPS of $0.63. Balance-sheet risk disclosures show that 80% of debt was fixed-rate, while CAD 99 million ($73 million) of foreign-currency forwards mature in August 2026. The company retained approximately $405 million under its $1 billion repurchase authorization, and management reported effective disclosure controls with no material risk-factor changes from the 2025 Form 10-K.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Most debt remains fixed-rate
- As of June 30, 2026, 80% of outstanding debt bore interest at fixed rates, limiting exposure to near-term floating-rate movements.
- No interest-rate derivatives outstanding
- The company had no interest-rate derivatives outstanding as of June 30, 2026, indicating no current derivative hedge position.
- Substantial repurchase capacity remains
- The $1 billion share-repurchase authorization had approximately $405 million remaining at June 30, 2026.
- Limited quarter-end equity activity
- The company reported no common-share repurchases during April, May, or June 2026, while Host L.P. issued 30,745 common OP units in the quarter through redemptions.
- Controls assessed as effective
- Disclosure controls were concluded to be effective as of June 30, 2026, and management reported no material changes to internal control over financial reporting.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Residual floating-rate exposure
- Although 80% of debt was fixed-rate as of June 30, 2026, the remaining 20% remained exposed to interest-rate changes; the company had no interest-rate derivatives outstanding.
- Foreign-exchange exposure
- The company had two foreign-currency forward purchase contracts with a total notional amount of CAD 99 million, or $73 million, maturing in August 2026. No foreign-currency hedging transactions were entered into during the first half of 2026.
- No new risk-factor updates
- Management stated that there had not been any material changes to the risk factors disclosed in the 2025 Form 10-K; therefore, the filing does not identify a newly emerging quantified risk.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.63
What they said about what is next.
The provided 10-Q excerpt does not include quantitative revenue, EPS, or RevPAR guidance. The prior disclosed full-year RevPAR outlook of 3.0% to 4.5% is not reaffirmed or updated in the supplied text.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 8, 2026
- Host Hotels & Resorts, Inc. reported a strong Q1 2026 with revenues of $1.645 billion and EPS of $0.72, marking an increase of 3.2% and 105.7% from the previous year, respectively. The notable performance was driven by…
- 10-K · February 25, 2026
- Host Hotels & Resorts, Inc. (HST) demonstrated robust revenue growth in 2025, with total revenues increasing by 7.6% to $6.114 billion, primarily due to strong transient business demand and increased out-of-room…
- 10-Q · November 7, 2025
- Host Hotels & Resorts, Inc. achieved a strong Q3 2025, reporting revenues of $1.331 billion and EPS of $0.35, both surpassing expectations. The company experienced significant improvements in net income and continued…
- 10-Q · August 1, 2025
- Host Hotels & Resorts, Inc. reported robust Q2 2025 earnings with total revenues increasing by 8.2% year-over-year to $1.586 billion, surpassing consensus expectations. Net income showed a slight decline of 7.0% to $225…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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