Hilton Grand Vacations Inc (HGV) financials
Hilton Grand Vacations revenue and earnings by year
Hilton Grand Vacations's revenue was $5.05 billion in the fiscal year to December 31, 2025, up 1.3% from the year before. Net income was $81.0 million, 1.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 13.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.05 | 4.98 | 3.98 | 3.84 | 2.34 | 0.89 | 1.84 | 2.00 | 1.71 | 1.58 |
| Revenue growth | 1.3% | 25.2% | 3.7% | 64.2% | 161.2% | -51.4% | -8.1% | 16.8% | 8.1% | — |
| Gross profit | 3.13 | 3.10 | 2.51 | 2.42 | 1.51 | 0.53 | 1.30 | 1.41 | 1.22 | 1.12 |
| Gross margin | 62.1% | 62.3% | 63.1% | 63.1% | 64.6% | 59.6% | 70.6% | 70.7% | 71.3% | 71.0% |
| Operating income | 0.47 | 0.45 | 0.62 | 0.61 | 0.36 | -0.24 | 0.31 | 0.43 | 0.34 | 0.32 |
| Operating margin | 9.3% | 9.0% | 15.5% | 15.9% | 15.6% | -27.1% | 17.0% | 21.7% | 19.7% | 20.4% |
| Net income | 0.08 | 0.05 | 0.31 | 0.35 | 0.18 | -0.20 | 0.22 | 0.30 | 0.33 | 0.17 |
| Net margin | 1.6% | 0.9% | 7.9% | 9.2% | 7.5% | -22.5% | 11.8% | 14.9% | 19.1% | 10.6% |
| Diluted EPS | $0.89 | $0.45 | $2.80 | $2.93 | $1.75 | -$2.36 | $2.43 | $3.06 | $3.28 | $1.70 |
| Free cash flow | 0.15 | 0.18 | 0.24 | 0.65 | 0.13 | 0.05 | 0.08 | -0.22 | 0.31 | 0.15 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open HGV in Markets.
How Hilton Grand Vacations makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Sales Of Vacation Ownership Intervals Net | $1.12B | 62.2% |
| Resort & Club Management | $196M | 10.8% |
| Rental & Ancillary Service | $194M | 10.7% |
| Financing | $149M | 8.2% |
| Fee For Services Commissions Package Sales & Other Fees | $145M | 8.0% |
See also: HGV valuation and P/E history · HGV returns
No forecast, no recommendation. This page describes Hilton Grand Vacations Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.