SWDR · XBRL financial data

Starwood Real Estate Income Trust financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (SWDR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	433	423*	424	422	425	417*	400	395	394	392*	392	398
Cost of goods and services sold	189	177*	180	181	184	171*	171	167	172	166*	160	165
General and administrative	10	13*	12	13	10	11*	10	9	10	10*	10	10
Operating income (loss)	286	243*	281	252	258	264*	247	242	234	242*	249	252
Interest expense	145	146*	154	158	166	164*	152	(151)	(160)	1,099*	(172)	(183)
Other income (expense)	(10)	(213)*	16	(22)	(208)	34*	(87)	(105)	(35)	(15)*	14	(13)
Income tax expense (benefit)	1	(8)*	(4)	(2)	(2)	(2)*	(0)	(1)	(2)	(3)*	(1)	(0)
Net income (loss)	(55)	(252)*	(81)	(146)	(317)	(141)*	(177)	(194)	(169)	(152)*	(113)	(144)
Earnings per share, basic USD per share	(0.12)	(0.57)*	(0.19)	(0.36)	(0.79)	(0.35)*	(0.44)	(0.49)	(0.42)	(0.39)*	(0.29)	(0.37)
Earnings per share, diluted USD per share	(0.12)	(0.57)*	(0.19)	(0.36)	(0.79)	(0.35)*	(0.44)	(0.49)	(0.42)	(0.39)*	(0.29)	(0.37)
Weighted average shares, basic millions of shares	458	439*	421	406	404	402*	401	400	397	393*	390	387
Weighted average shares, diluted millions of shares	458	439*	421	406	404	402*	401	400	397	393*	390	387

Fiscal quarters (SWDR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	288	295	316	294	263	282	270	240	244	201	211	207
Right-of-use asset	105	105	105	105	105	105	105	105	105	105	105	105
Total assets	24,216	23,114	22,691	21,970	21,682	20,992	19,625	19,365	19,166	18,918	18,745	18,605
Total liabilities	15,787	15,517	15,676	15,459	15,656	15,298	14,229	14,279	14,451	14,550	14,680	14,799
Accumulated deficit	(2,160)	(2,537)	(2,739)	(3,002)	(3,435)	(3,691)	(3,984)	(4,294)	(4,577)	(4,843)	(5,069)	(5,295)
Total stockholders' equity	7,882	7,092	6,509	6,015	5,535	5,194	4,901	4,588	4,227	3,886	3,583	3,327
Total liabilities and equity	24,216	23,114	22,691	21,970	21,682	20,992	19,625	19,365	19,166	18,918	18,745	18,605
Common shares outstanding (cover page) millions of shares	450	431	415	405	403	402	401	399	396	—	—	—

Fiscal quarters (SWDR's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(55)	(252)*	(81)	(146)	(317)	(141)*	(177)	(194)	(169)	(152)*	(113)	(144)
Net cash from operating activities	170*	126*	118	88*	146*	77*	85	112*	99*	49*	54	106*
Net cash from investing activities	809*	800*	161	495*	(38)*	297*	1,116	97*	(7)*	(19)*	(2)	(28)*
Proceeds from issuing common stock	64*	51*	44	39*	8*	8*	7	18*	5*	4*	3	3*
Share repurchases	639*	606*	515	346*	104*	101*	87	115*	138*	133*	120	65*
Dividends paid	87*	85*	80	78*	83*	84*	85	85*	86*	86*	87	72*
Proceeds from long-term debt	713*	634*	589	360*	143*	166*	74	142*	1,708*	1,143*	1,932	131*
Net cash from financing activities	(1,055)*	(940)*	(277)	(624)*	(109)*	(356)*	(1,215)	(257)*	(80)*	(90)*	(47)	(61)*
Net change in cash	(69)*	(25)*	7	(38)*	(8)*	21*	(17)	(40)*	8*	(48)*	7	16*

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Starwood Real Estate Income Trust	207	398	106*	not reported	Q2 FY26 10-QJun 30, 2026
Rayonier	412	396	not reported	297.6M	Q2 FY26 10-QJun 30, 2026
Apple Hospitality REIT	10	403	125*	236.1M	Q2 FY26 10-QJun 30, 2026
Pebblebrook Hotel Trust	288	403	85*	111.7M	Q3 FY26 10-QSep 30, 2026
Equity Lifestyle Properties	24	410	152*	194.8M	Q3 FY26 10-QSep 30, 2026
RLJ Lodging Trust	938	383	115*	152.4M	Q2 FY26 10-QJun 30, 2026
Regency Centers	not reported	414	not reported	183.1M	Q2 FY26 10-QJun 30, 2026
Diversified Healthcare Trust	111	368	27*	242.5M	Q3 FY26 10-QSep 30, 2026
Gaming & Leisure Properties	166	435	280*	290.9M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.