FY2025 · ended Dec 31, 2025 · Revenue $704.01M, -3.3% YoY · Filed Mar 12, 2026
Braemar Hotels & Resorts Inc. (BHR) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $704.0 million and a net loss of $22.3 million. As of Sep 30, 2026 it held $78.9 million in cash and investments and $443.3 million in total debt.
Revenue (TTM)
$647.15M
-9.1% vs year-ago TTM
Net income (TTM)
$-242.12M
-3180.8% vs year-ago TTM
Operating cash flow (TTM)
$-206.93M
-629.4% vs year-ago TTM
Free cash flow
$84.71M
+134.6% vs prior year
EPS (TTM)
$-4.13
-379.0% vs year-ago TTM
Dividend per share
$0.20
+0.0% vs prior year
Shares outstanding
68.68M
+0.0% vs prior year
Net cash
$-364.46M
as of Sep 30, 2026
Operating margin
-28.7%
FY 2026
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- BHR (NYSE), BHR-PB (NYSE), BHR-PD (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- MD
- Headquarters
- Dallas, TX
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1574085
- Former names
- Ashford Hospitality Prime, Inc. (until Apr 4, 2018)
Other Real Estate Investment Trusts companies
- Welltower Inc. WELL
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $704.0M | $728.4M | $739.3M | $669.6M | $427.5M |
| Operating income | $72.4M | $128.8M | $61.7M | $68.4M | $1.4M |
| Net income | -$22.3M | -$1.7M | -$27.0M | $17.8M | -$26.7M |
| Diluted EPS | -$1.07 | -$0.77 | -$1.13 | -$0.15 | -$0.76 |
| Operating cash flow | $40.8M | $66.8M | $84.7M | $109.5M | $64.0M |
| Free cash flow | — | — | $84.7M | -$245.0M | — |
| Total assets | $1.9B | $2.1B | $2.2B | $2.4B | $1.9B |
| Total liabilities | $1.3B | $1.4B | $1.4B | $1.6B | $1.4B |
| Stockholders' equity | $138.7M | $240.7M | $307.0M | $410.1M | $398.8M |
| Cash and investments | $124.4M | $177.0M | $85.6M | $261.5M | $216.0M |
| Total debt | $1.1B | $1.2B | $1.2B | $1.4B | $1.2B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Nov 5, 2026 | Nov 5, 2026 |
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Acquisition or sale of assets, Regulation FD disclosure
|
Nov 3, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Nov 3, 2026 | Oct 30, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Oct 26, 2026 | Oct 26, 2026 |
All 1002 Braemar Hotels & Resorts Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.