Hilton Grand Vacations Inc. income statement
In fiscal 2025, Hilton Grand Vacations Inc. reported revenue of $5.05bn, up 1.3% on the year before and net income of $81.0m, or $0.89 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,475 | 1,583 | 1,711 | 1,999 | 1,838 | 894 | 2,335 | 3,835 | 3,978 | 4,981 | 5,047 | 5,937 |
| Selling and marketing | 541 | 605 | 663 | — | — | — | — | — | — | — | — | — |
| General and administrative | 57 | 92 | 104 | 120 | 118 | 92 | 151 | 212 | 194 | 199 | 215 | 245 |
| Interest expense | 0 | 3 | 27 | 30 | 43 | 43 | 105 | 142 | 178 | 329 | 311 | 297 |
| Provision for credit losses | 39 | 49 | 58 | 69 | 74 | 75 | 121 | 142 | 171 | 377 | 442 | 427 |
| Income before tax | 292 | 293 | 311 | 403 | 273 | −280 | 269 | 481 | 449 | 136 | 175 | 604 |
| Income tax | 118 | 125 | −16 | 105 | 57 | −79 | 93 | 129 | 136 | 76 | 76 | 171 |
| Net income | 174 | 168 | 327 | 298 | 216 | −201 | 176 | 352 | 313 | 47 | 81 | 417 |
| Diluted EPS | $1.76 | $1.70 | $3.28 | $3.05 | $2.42 | −$2.36 | $1.75 | $2.93 | $2.80 | $0.45 | $0.89 | $5.03 |
| Diluted shares (average) | 99m | 99m | 100m | 98m | 89m | 85m | 101m | 120m | 112m | 103m | 92m | 83m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,284 | 1,148 | 1,266 | 1,300 | 1,333 | 1,285 | 1,358 | 1,961 |
| General and administrative | 52 | 46 | 58 | 58 | 53 | 49 | 67 | 76 |
| Interest expense | 79 | 77 | 79 | 79 | 76 | 73 | 70 | 78 |
| Provision for credit losses | 103 | 79 | 101 | 131 | 131 | 89 | 122 | 85 |
| Income before tax | 49 | −6 | 43 | 45 | 93 | 74 | 23 | 414 |
| Income tax | 23 | 6 | 15 | 15 | 40 | 6 | 8 | 117 |
| Net income | 20 | −17 | 25 | 25 | 48 | 66 | 12 | 291 |
| Diluted EPS | $0.19 | −$0.17 | $0.25 | $0.28 | $0.53 | $0.79 | $0.15 | $3.70 |
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