TNL Q3 2025 Earnings — Travel + Leisure Co. Revenue & Financial Results | Market Cap Arena

TNLTravel + Leisure Co.

$4B

Q3 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$1.0B+5.1% YoY

Gross Profit

$576M55.2% margin

Operating Income

$214M20.5% margin

Net Income

$111M10.6% margin

EPS (Diluted)

$1.67

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$516M

Free Cash Flow

$431M

Stock-Based Comp.

$38M

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$7.7B

Stockholders' Equity

-$821M

Cash & Equivalents

$240M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$993M	+5.1%
Gross Profit	$576M	$497M	+15.9%
Operating Income	$214M	$189M	+13.2%
Net Income	$111M	$97M	+14.4%

Revenue Segments

Vacation Ownership

$876M84%

Travel and Membership

$169M16%