Soho House & Co Inc. Reports Strong Q1 2025 Growth

Soho House & Co Inc. ( (SHCO) ) has released its Q1 earnings. Here is a breakdown of the information Soho House & Co Inc. presented to its investors.

Soho House & Co Inc. is a global membership platform offering a network of physical and digital spaces for members to connect, socialize, and work, with a presence in various locations worldwide, including Soho Houses, Soho Works, and other hospitality ventures.

In its first quarter of 2025, Soho House & Co Inc. reported a total revenue of $282.9 million, reflecting an 8% increase year-over-year. The company also saw a significant rise in membership revenues, which grew by 14.1% to $112.9 million, indicating strong demand and engagement from its global membership base.

Key financial metrics for the quarter included a net income of $8.2 million, or $0.04 per share, and an adjusted EBITDA of $47.0 million, a substantial increase from the previous year’s $19.8 million. The company benefited from $22.9 million in business interruption insurance proceeds related to COVID-19, which contributed to the improved financial performance. Additionally, Soho House expanded its global footprint with new openings, including the upcoming Soho Farmhouse Ibiza.

The company continues to focus on enhancing the member experience and operational excellence, which is reflected in the improved profitability and growth in revenue per available room. Despite challenges such as the Los Angeles wildfires, Soho House remains committed to its strategic priorities and sees promising signs of profitability.

Looking ahead, Soho House & Co Inc. remains optimistic about its growth potential, driven by its operational transformation and the continued loyalty of its members. The company is also evaluating a potential offer to go private, which could impact its future strategy and operations.