Hilton Grand Vacations Inc. (HGV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.28B | 1.33B | 1.3B | 1.27B | 1.15B | 1.28B | 1.31B | 1.24B | 1.16B | 1.02B | 1.02B | 1.01B | 934M | 992M | 1.12B | 948M | 779M | 838M | 928M | 334M |
| Revenue Growth % | 11.93% | 3.82% | -0.46% | 2.51% | -0.69% | 26.01% | 28.29% | 22.64% | 23.77% | 2.72% | -8.78% | 6.22% | 19.9% | 18.38% | 20.26% | 183.83% | 289.5% | 295.28% | 430.29% | 171.54% |
| Cost of Goods Sold | 591M | 145M | 543M | 958M | 540M | 937M | -685M | 995M | 899M | 433M | 154M | 755M | 715M | 742M | 777M | 689M | 596M | 579M | 599M | 245M |
| COGS % of Revenue | 45.99% | 10.88% | 41.77% | 75.67% | 47.04% | 72.98% | -52.45% | 80.57% | 77.77% | 42.49% | 15.13% | 74.98% | 76.55% | 74.8% | 69.62% | 72.68% | 76.51% | 69.09% | 64.55% | 73.35% |
| Gross Profit | 694M | 1.19B | 757M | 308M | 608M | 347M | 1.99B | 240M | 257M | 586M | 864M | 252M | 219M | 250M | 339M | 259M | 183M | 259M | 329M | 89M |
| Gross Margin % | 54.01% | 89.12% | 58.23% | 24.33% | 52.96% | 27.02% | 152.45% | 19.43% | 22.23% | 57.51% | 84.87% | 25.02% | 23.45% | 25.2% | 30.38% | 27.32% | 23.49% | 30.91% | 35.45% | 26.65% |
| Gross Profit Growth % | 14.14% | 242.36% | -61.98% | 28.33% | 136.58% | -40.78% | 130.44% | -4.76% | 17.35% | 134.4% | 154.87% | -2.7% | 19.67% | -3.47% | 3.04% | 191.01% | 273.47% | 684.85% | 961.29% | 735.71% |
| Operating Expenses | 539M | 1B | 611M | 169M | 520M | 169M | 1.79B | 98M | 80M | 411M | 684M | 82M | 72M | 88M | 83M | 98M | 67M | 82M | 65M | 63M |
| OpEx % of Revenue | 41.95% | 75.02% | 47% | 13.35% | 45.3% | 13.16% | 137.14% | 7.94% | 6.92% | 40.33% | 67.19% | 8.14% | 7.71% | 8.87% | 7.44% | 10.34% | 8.6% | 9.79% | 7% | 18.86% |
| Selling, General & Admin | 539M | 1.43B | 555M | 58M | 46M | 52M | 44M | 58M | 45M | 64M | 210M | 82M | 72M | 88M | 83M | 98M | 67M | 82M | 65M | 63M |
| SG&A % of Revenue | 41.95% | 107.05% | 42.69% | 4.58% | 4.01% | 4.05% | 3.37% | 4.7% | 3.89% | 6.28% | 20.63% | 8.14% | 7.71% | 8.87% | 7.44% | 10.34% | 8.6% | 9.79% | 7% | 18.86% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 155M | 188M | 146M | 139M | 88M | 178M | 200M | 142M | 177M | 175M | 180M | 170M | 147M | 162M | 256M | 161M | 116M | 177M | 264M | 26M |
| Operating Margin % | 12.06% | 14.1% | 11.23% | 10.98% | 7.67% | 13.86% | 15.31% | 11.5% | 15.31% | 17.17% | 17.68% | 16.88% | 15.74% | 16.33% | 22.94% | 16.98% | 14.89% | 21.12% | 28.45% | 7.78% |
| Operating Income Growth % | 76.14% | 5.62% | -27% | -2.11% | -50.28% | 1.71% | 11.11% | -16.47% | 20.41% | 8.02% | -29.69% | 5.59% | 26.72% | -8.47% | -3.03% | 519.23% | 314.29% | 3050% | 1930.77% | 161.9% |
| EBITDA | 226M | 268M | 213M | 198M | 155M | 248M | 268M | 210M | 239M | 232M | 233M | 222M | 198M | 225M | 313M | 227M | 176M | 232M | 312M | 38M |
| EBITDA Margin % | 17.59% | 20.11% | 16.38% | 15.64% | 13.5% | 19.31% | 20.52% | 17% | 20.67% | 22.77% | 22.89% | 22.05% | 21.2% | 22.68% | 28.05% | 23.95% | 22.59% | 27.68% | 33.62% | 11.38% |
| EBITDA Growth % | 45.81% | 8.06% | -20.52% | -5.71% | -35.15% | 6.9% | 15.02% | -5.41% | 20.71% | 3.11% | -25.56% | -2.2% | 12.5% | -3.02% | 0.32% | 497.37% | 351.28% | 4540% | 1200% | 222.58% |
| D&A (Non-Cash Add-back) | 71M | 80M | 67M | 59M | 67M | 70M | 68M | 68M | 62M | 57M | 53M | 52M | 51M | 63M | 57M | 66M | 60M | 55M | 48M | 12M |
| EBIT | 155M | 639M | 124M | 122M | 71M | 128M | 177M | 94M | 66M | 153M | 192M | 159M | 134M | 129M | 241M | 149M | 104M | 153M | 190M | 29M |
| Net Interest Income | -73M | -546M | -79M | -79M | -77M | -79M | -84M | -87M | -79M | -45M | -45M | -44M | -44M | -37M | -37M | -35M | -33M | -31M | -42M | -17M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 73M | 546M | 79M | 79M | 77M | 79M | 84M | 87M | 79M | 45M | 45M | 44M | 44M | 37M | 37M | 35M | 33M | 31M | 42M | 17M |
| Other Income/Expense | -81M | -95M | -101M | -96M | -94M | -129M | -107M | -135M | -190M | -67M | -44M | -55M | -57M | -70M | -52M | -47M | -45M | -55M | -116M | -14M |
| Pretax Income | 74M | 93M | 45M | 43M | -6M | 49M | 93M | 7M | -13M | 108M | 136M | 115M | 90M | 92M | 204M | 114M | 71M | 122M | 148M | 12M |
| Pretax Margin % | 5.76% | 6.98% | 3.46% | 3.4% | -0.52% | 3.82% | 7.12% | 0.57% | -1.12% | 10.6% | 13.36% | 11.42% | 9.64% | 9.27% | 18.28% | 12.03% | 9.11% | 14.56% | 15.95% | 3.59% |
| Income Tax | 6M | 40M | -15M | 15M | 6M | 23M | 61M | 3M | -11M | 40M | 44M | 35M | 17M | 14M | 54M | 41M | 20M | 47M | 49M | 3M |
| Effective Tax Rate % | 8.11% | 43.01% | -33.33% | 34.88% | -100% | 46.94% | 65.59% | 42.86% | 84.62% | 37.04% | 32.35% | 30.43% | 18.89% | 15.22% | 26.47% | 35.96% | 28.17% | 38.52% | 33.11% | 25% |
| Net Income | 66M | 48M | 60M | 25M | -17M | 20M | 154M | 2M | -4M | 68M | 92M | 80M | 73M | 78M | 150M | 73M | 51M | 75M | 99M | 9M |
| Net Margin % | 5.14% | 3.6% | 4.62% | 1.97% | -1.48% | 1.56% | 11.79% | 0.16% | -0.35% | 6.67% | 9.04% | 7.94% | 7.82% | 7.86% | 13.44% | 7.7% | 6.55% | 8.95% | 10.67% | 2.69% |
| Net Income Growth % | 488.24% | 140% | -61.04% | 1150% | -325% | -70.59% | 67.39% | -97.5% | -105.48% | -12.82% | -38.67% | 9.59% | 43.14% | 4% | 51.52% | 711.11% | 828.57% | 148.7% | 1514.29% | 118.75% |
| Net Income (Continuing) | 68M | 53M | 60M | 28M | -12M | 26M | 32M | 4M | -2M | 68M | 92M | 80M | 73M | 78M | 150M | 73M | 51M | 75M | 99M | 9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 153M | 151M | 156M | 151M | 148M | 143M | 142M | 162M | 160M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.79 | 0.55 | 0.63 | 0.26 | -0.18 | 0.20 | 1.51 | 0.02 | -0.04 | 0.62 | 0.83 | 0.71 | 0.64 | 0.67 | 1.24 | 0.60 | 0.42 | 0.62 | 0.90 | 0.10 |
| EPS Growth % | 538.89% | 175% | -58.28% | 1254.17% | -372.44% | -67.74% | 81.93% | -97.3% | -105.95% | -7.46% | -33.06% | 18.33% | 52.38% | 8.06% | 37.78% | 500% | 609.71% | 134.25% | 1193.56% | 117.86% |
| EPS (Basic) | 0.81 | 0.56 | 0.63 | 0.26 | -0.18 | 0.20 | 1.52 | 0.02 | -0.04 | 0.63 | 0.84 | 0.72 | 0.65 | 0.69 | 1.25 | 0.60 | 0.43 | 0.63 | 0.92 | 0.10 |
| Diluted Shares Outstanding | 83.7M | 95.5M | 95.5M | 95.5M | 95.5M | 100M | 102M | 104.3M | 105.1M | 110M | 110.9M | 112M | 114M | 116M | 121.06M | 122.31M | 122M | 120.97M | 109.14M | 86.84M |
| Basic Shares Outstanding | 81.48M | 95.5M | 95.5M | 95.5M | 95.5M | 100M | 101M | 103.4M | 105.1M | 107.94M | 109.5M | 111M | 113M | 113.63M | 119.6M | 121M | 120M | 119.05M | 107.69M | 85.65M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |