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…
Earnings analysis · 10-Q
HST earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
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…
Read full summary
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.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.63
What stood out
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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.
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No interest-rate derivatives outstanding
The company had no interest-rate derivatives outstanding as of June 30, 2026, indicating no current derivative hedge position.
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Substantial repurchase capacity remains
The $1 billion share-repurchase authorization had approximately $405 million remaining at June 30, 2026.
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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.
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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.
What to watch
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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.
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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.
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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.
Management's outlook
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.
Earlier filings 4
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 itself. Analysis can contain errors; check the source document for full context.