Quarterly ResultMay 5, 2026, 10:36 AM
Marriott Vacations Q1 Net Income $22M, EPS $0.64; Revenue $1.26B
AI Summary
Marriott Vacations Worldwide reported a significant decrease in net income and EPS for Q1 2026, with net income attributable to common stockholders falling to $22 million ($0.64 diluted EPS) from $56 million ($1.46 diluted EPS) in Q1 2025. Total revenues increased slightly to $1.26 billion from $1.20 billion year-over-year. The company also completed the disposition of a hotel in Cancun, Mexico for $50 million, recognizing a $2 million gain. Operating cash flow turned negative for the quarter.
Key Highlights
- Net income attributable to common stockholders decreased to $22M from $56M YoY.
- Diluted EPS fell to $0.64 from $1.46 in the prior year quarter.
- Total revenues increased to $1.26B from $1.20B YoY.
- Sale of vacation ownership products decreased to $343M from $355M YoY.
- Cost reimbursements revenue increased to $430M from $373M YoY.
- Disposed of a hotel in Cancun, Mexico for $50M, recording a $2M gain.
- Net cash used in operating activities was $4M, compared to $8M provided in Q1 2025.
- Cash dividends declared per share increased to $0.80 from $0.79 YoY.
Price Impact
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