VACMarriott Vacations Worldwide Corporation

$2B

Q3 2025 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$812M-37.8% YoY

Gross Profit

$393M48.4% margin

Operating Income

$106M13.1% margin

Net Income

-$2M-0.2% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-34.8%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$51M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$7.7B

Stockholders' Equity

$2.5B

Cash & Equivalents

$474M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$812M	$1.3B	-37.8%
Gross Profit	$393M	$1.2B	-67.0%
Operating Income	$106M	$902M	-88.2%
Net Income	-$2M	$84M	-102.4%

Revenue Segments

Cost Reimbursement

$451M33%

Time Share

$358M26%

Management And Exchange

$214M15%

Rental

$150M11%

Service, Other

$87M6%

Ancillary Revenues

$70M5%

Management Service

$57M4%

VAC Q3 2025 Earnings — Marriott Vacations Worldwide Corporation Revenue & Financial Results | Market Cap Arena