Choice Hotels Q2 net income falls 21% to $64 million; full-year net income outlook cut
Choice Hotels reported second-quarter 2026 results, with total revenues up 3% to $441 million and adjusted EBITDA up 6% to $175 million, but net income fell 21% to $64 million. The company cut its full-year 2026 net income guidance to $230 million to $241 million from $265 million to $275 million, citing higher marketing and reservation system reimbursable expenses, interest expense and tax rate, while raising its adjusted EBITDA guidance to $635 million to $650 million.
Key points
- Q2 2026 net income was $64 million, or $1.41 per diluted share, versus $82 million, or $1.75 per share, a year earlier.
- Adjusted diluted EPS rose 5% to $2.02; adjusted EBITDA rose 6% to $175 million.
- Full-year 2026 net income guidance was lowered to $230 million to $241 million; adjusted EBITDA guidance was raised to $635 million to $650 million.
- The company returned $139 million to shareholders through dividends and share repurchases in the first half of 2026.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.