# Starwood Real Estate Income Trust, Inc.: financial statements, quarterly

SWDR · OTC · CIK 1711929 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/swdr.md) · [Financials](/companies/swdr/financials.md) · [Filings](/companies/swdr/filings.md) · [Insiders](/companies/swdr/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/swdr/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [433](/filings/0000950170-24-126402.md) | [423 d](/filings/0001193125-26-117060.md) | [424](/filings/0000950170-25-067723.md) | [422](/filings/0000950170-25-107771.md) | [425](/filings/0001193125-25-277275.md) | [417 d](/filings/0001193125-26-117060.md) | [400](/filings/0001193125-26-216496.md) | [395](/filings/0001193125-26-346339.md) | [394](/filings/0001193125-25-277275.md) | [392 d](/filings/0001193125-26-117060.md) | [392](/filings/0001193125-26-216496.md) | [398](/filings/0001193125-26-346339.md) |
| Cost of revenue | $m | [189](/filings/0000950170-24-126402.md) | [177 d](/filings/0001193125-26-117060.md) | [180](/filings/0000950170-25-067723.md) | [181](/filings/0000950170-25-107771.md) | [184](/filings/0001193125-25-277275.md) | [171 d](/filings/0001193125-26-117060.md) | [171](/filings/0001193125-26-216496.md) | [167](/filings/0001193125-26-346339.md) | [172](/filings/0001193125-25-277275.md) | [166 d](/filings/0001193125-26-117060.md) | [160](/filings/0001193125-26-216496.md) | [165](/filings/0001193125-26-346339.md) |
| Operating income | $m | [286](/filings/0000950170-24-126402.md) | [243 d](/filings/0001193125-26-117060.md) | [281](/filings/0000950170-25-067723.md) | [252](/filings/0000950170-25-107771.md) | [258](/filings/0001193125-25-277275.md) | [264 d](/filings/0001193125-26-117060.md) | [247](/filings/0001193125-26-216496.md) | [242](/filings/0001193125-26-346339.md) | [234](/filings/0001193125-25-277275.md) | [242 d](/filings/0001193125-26-117060.md) | [249](/filings/0001193125-26-216496.md) | [252](/filings/0001193125-26-346339.md) |
| Interest expense | $m | [145](/filings/0000950170-24-126402.md) | [146 d](/filings/0001193125-26-117060.md) | [154](/filings/0000950170-25-067723.md) | [(158)](/filings/0000950170-25-107771.md) | [(166)](/filings/0001193125-25-277275.md) | [1,119 d](/filings/0001193125-26-117060.md) | [(152)](/filings/0001193125-26-216496.md) | [(151)](/filings/0001193125-26-346339.md) | [(160)](/filings/0001193125-25-277275.md) | [1,099 d](/filings/0001193125-26-117060.md) | [(172)](/filings/0001193125-26-216496.md) | [(183)](/filings/0001193125-26-346339.md) |
| Income tax | $m | [1.1](/filings/0000950170-24-126402.md) | [(7.9) d](/filings/0001193125-26-117060.md) | [4.4](/filings/0000950170-25-067723.md) | [1.8](/filings/0000950170-25-107771.md) | [1.9](/filings/0001193125-25-277275.md) | [(18.3) d](/filings/0001193125-26-117060.md) | [(0.4)](/filings/0001193125-26-216496.md) | [(0.7)](/filings/0001193125-26-346339.md) | [(1.7)](/filings/0001193125-25-277275.md) | [(2.6) d](/filings/0001193125-26-117060.md) | [(0.7)](/filings/0001193125-26-216496.md) | [(0.3)](/filings/0001193125-26-346339.md) |
| Net income | $m | [(55.1)](/filings/0000950170-24-126402.md) | [(252) d](/filings/0001193125-26-117060.md) | [(81.3)](/filings/0000950170-25-067723.md) | [(146)](/filings/0000950170-25-107771.md) | [(317)](/filings/0001193125-25-277275.md) | [(141) d](/filings/0001193125-26-117060.md) | [(177)](/filings/0001193125-26-216496.md) | [(194)](/filings/0001193125-26-346339.md) | [(169)](/filings/0001193125-25-277275.md) | [(152) d](/filings/0001193125-26-117060.md) | [(113)](/filings/0001193125-26-216496.md) | [(144)](/filings/0001193125-26-346339.md) |
| Diluted EPS | $ per share | [(0.12)](/filings/0000950170-24-126402.md) | not reported | [(0.19)](/filings/0000950170-25-067723.md) | [(0.36)](/filings/0000950170-25-107771.md) | [(0.79)](/filings/0001193125-25-277275.md) | not reported | [(0.44)](/filings/0001193125-26-216496.md) | [(0.49)](/filings/0001193125-26-346339.md) | [(0.42)](/filings/0001193125-25-277275.md) | not reported | [(0.29)](/filings/0001193125-26-216496.md) | [(0.37)](/filings/0001193125-26-346339.md) |
| Basic EPS | $ per share | [(0.12)](/filings/0000950170-24-126402.md) | not reported | [(0.19)](/filings/0000950170-25-067723.md) | [(0.36)](/filings/0000950170-25-107771.md) | [(0.79)](/filings/0001193125-25-277275.md) | not reported | [(0.44)](/filings/0001193125-26-216496.md) | [(0.49)](/filings/0001193125-26-346339.md) | [(0.42)](/filings/0001193125-25-277275.md) | not reported | [(0.29)](/filings/0001193125-26-216496.md) | [(0.37)](/filings/0001193125-26-346339.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [0.3](/filings/0000950170-24-126402.md) | [0.3](/filings/0001193125-26-117060.md) | [0.3](/filings/0000950170-25-067723.md) | [0.3](/filings/0000950170-25-107771.md) | [0.3](/filings/0001193125-25-277275.md) | [0.3](/filings/0001193125-26-117060.md) | [0.3](/filings/0001193125-26-216496.md) | [0.2](/filings/0001193125-26-346339.md) | [0.2](/filings/0001193125-25-277275.md) | [0.2](/filings/0001193125-26-346339.md) | [0.2](/filings/0001193125-26-216496.md) | [0.2](/filings/0001193125-26-346339.md) |
| Total assets | $bn | [24.2](/filings/0000950170-23-062865.md) | [23.1](/filings/0000950170-25-043128.md) | [22.7](/filings/0000950170-24-058750.md) | [22.0](/filings/0000950170-24-097234.md) | [21.7](/filings/0000950170-24-126402.md) | [21.0](/filings/0001193125-26-117060.md) | [19.6](/filings/0000950170-25-067723.md) | [19.4](/filings/0000950170-25-107771.md) | [19.2](/filings/0001193125-25-277275.md) | [18.9](/filings/0001193125-26-346339.md) | [18.7](/filings/0001193125-26-216496.md) | [18.6](/filings/0001193125-26-346339.md) |
| Total liabilities | $bn | [15.8](/filings/0000950170-23-062865.md) | [15.5](/filings/0000950170-25-043128.md) | [15.7](/filings/0000950170-24-058750.md) | [15.5](/filings/0000950170-24-097234.md) | [15.7](/filings/0000950170-24-126402.md) | [15.3](/filings/0001193125-26-117060.md) | [14.2](/filings/0000950170-25-067723.md) | [14.3](/filings/0000950170-25-107771.md) | [14.5](/filings/0001193125-25-277275.md) | [14.6](/filings/0001193125-26-346339.md) | [14.7](/filings/0001193125-26-216496.md) | [14.8](/filings/0001193125-26-346339.md) |
| Long-term debt | $bn | [13.2](/filings/0000950170-23-062865.md) | [13.0](/filings/0000950170-25-043128.md) | [13.0](/filings/0000950170-24-058750.md) | [13.0](/filings/0000950170-24-097234.md) | [13.0](/filings/0000950170-24-126402.md) | [12.7](/filings/0001193125-26-117060.md) | [11.9](/filings/0000950170-25-067723.md) | [12.0](/filings/0000950170-25-107771.md) | [12.0](/filings/0001193125-25-277275.md) | [12.0](/filings/0001193125-26-346339.md) | [12.0](/filings/0001193125-26-216496.md) | [12.0](/filings/0001193125-26-346339.md) |
| Shareholders' equity | $bn | [7.9](/filings/0000950170-23-062865.md) | [7.1](/filings/0000950170-25-043128.md) | [6.5](/filings/0000950170-24-058750.md) | [6.0](/filings/0000950170-24-097234.md) | [5.5](/filings/0000950170-24-126402.md) | [5.2](/filings/0001193125-26-117060.md) | [4.9](/filings/0000950170-25-067723.md) | [4.6](/filings/0000950170-25-107771.md) | [4.2](/filings/0001193125-25-277275.md) | [3.9](/filings/0001193125-26-346339.md) | [3.6](/filings/0001193125-26-216496.md) | [3.3](/filings/0001193125-26-346339.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Total assets: us-gaap:Assets
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [170 d](/filings/0000950170-24-126402.md) | [126 d](/filings/0001193125-26-117060.md) | [118](/filings/0000950170-25-067723.md) | [88.3 d](/filings/0000950170-25-107771.md) | [146 d](/filings/0001193125-25-277275.md) | [76.6 d](/filings/0001193125-26-117060.md) | [85.2](/filings/0001193125-26-216496.md) | [112 d](/filings/0001193125-26-346339.md) | [98.6 d](/filings/0001193125-25-277275.md) | [49.3 d](/filings/0001193125-26-117060.md) | [54.2](/filings/0001193125-26-216496.md) | [106 d](/filings/0001193125-26-346339.md) |
| Dividends paid | $m | [87.4 d](/filings/0000950170-24-126402.md) | [84.7 d](/filings/0001193125-26-117060.md) | [80.0](/filings/0000950170-25-067723.md) | [78.1 d](/filings/0000950170-25-107771.md) | [83.0 d](/filings/0001193125-25-277275.md) | [84.3 d](/filings/0001193125-26-117060.md) | [84.7](/filings/0001193125-26-216496.md) | [85.1 d](/filings/0001193125-26-346339.md) | [85.9 d](/filings/0001193125-25-277275.md) | [86.1 d](/filings/0001193125-26-117060.md) | [86.8](/filings/0001193125-26-216496.md) | [71.7 d](/filings/0001193125-26-346339.md) |
| Share repurchases | $m | [639 d](/filings/0000950170-24-126402.md) | [606 d](/filings/0001193125-26-117060.md) | [515](/filings/0000950170-25-067723.md) | [346 d](/filings/0000950170-25-107771.md) | [104 d](/filings/0001193125-25-277275.md) | [101 d](/filings/0001193125-26-117060.md) | [87.3](/filings/0001193125-26-216496.md) | [115 d](/filings/0001193125-26-346339.md) | [138 d](/filings/0001193125-25-277275.md) | [133 d](/filings/0001193125-26-117060.md) | [120](/filings/0001193125-26-216496.md) | [65.2 d](/filings/0001193125-26-346339.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [503](/filings/0000950170-23-062865.md) | [497](/filings/0000950170-24-058750.md) | [477](/filings/0000950170-24-097234.md) | [458](/filings/0000950170-24-126402.md) | [421](/filings/0000950170-25-067723.md) | [406](/filings/0000950170-25-107771.md) | [404](/filings/0001193125-25-277275.md) | [401](/filings/0001193125-26-216496.md) | [400](/filings/0001193125-26-346339.md) | [397](/filings/0001193125-25-277275.md) | [390](/filings/0001193125-26-216496.md) | [387](/filings/0001193125-26-346339.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 10,000 at 2018-11-13, from the cover of the [10-Q filed 2018-11-13](/filings/0001564590-18-029312.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.