Company: BHR-PD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001574085-25-000130
Chunk: 3

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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Net (income) loss attributable to redeemable noncontrolling interests in operating partnership607 124 2,358 1,747 NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY5,742 12,596 11,273 16,960 Preferred dividends(8,667)(9,857)(26,928)(30,593)Deemed dividends on preferred stock(5,251)(4,151)(11,086)(6,175)NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS$(8,176)$(1,412)$(26,741)$(19,808)INCOME (LOSS) PER SHARE - BASIC:Net income (loss) attributable to common stockholders$(0.12)$(0.02)$(0.40)$(0.30)Weighted average common shares outstanding – basic68,219 66,522 67,419 66,493 INCOME (LOSS) PER SHARE - DILUTED:Net income (loss) attributable to common stockholders$(0.12)$(0.02)$(0.40)$(0.30)Weighted average common shares outstanding – diluted68,219 66,522 67,419 66,493 

See Notes to Condensed Consolidated Financial Statements.

3

BRAEMAR HOTELS & RESORTS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(unaudited, in thousands)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024NET INCOME (LOSS)$4,723 $39,835 $8,554 $41,530 OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:Unrealized gain (loss) on investment in securities143 (786)742 (786)Total other comprehensive income (loss)143 (786)742 (786)TOTAL COMPREHENSIVE INCOME (LOSS)4,866 39,049 9,296 40,744 Comprehensive (income) loss attributable to noncontrolling interest in consolidated entities412 (27,363)361 (26,317)Comprehensive (income) loss attributable to redeemable noncontrolling interests in operating partnership597 187 2,298 1,810 COMPREHENSIVE INCOME