TNL Q4 2025 Earnings — Travel + Leisure Co. Revenue & Financial Results | Market Cap Arena

TNLTravel + Leisure Co.

$4B

Q4 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$1.0B+5.7% YoY

Gross Profit

$148M14.4% margin

Operating Income

$39M3.8% margin

Net Income

-$61M-5.9% margin

EPS (Diluted)

$-0.95

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$124M

Free Cash Flow

$92M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.8B

Total Liabilities

$7.7B

Stockholders' Equity

-$982M

Cash & Equivalents

$253M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$971M	+5.7%
Gross Profit	$148M	$496M	-70.2%
Operating Income	$39M	$206M	-81.1%
Net Income	-$61M	$119M	-151.3%

Revenue Segments

Vacation Ownership

$877M86%

Travel and Membership

$147M14%