Hilton Grand Vacations Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,047	4,981	3,978	3,835	2,335
Revenue Growth (YoY)	1.32%	25.21%	3.73%	64.24%	161.19%
Cost of Revenue	152	239	194	274	213
Gross Profit	4,895	4,742	3,784	3,561	2,122
Selling, General & Admin	2,086	1,967	1,475	1,358	804
Depreciation & Amortization Expenses	273	268	213	244	126
Other Operating Expenses	2,076	2,049	1,483	1,348	802
Total Operating Expenses	4,435	4,284	3,171	2,950	1,732
Operating Income	460	458	613	611	390
Interest Income	19	18	12	13	10
Interest Expense	-311	-329	-178	-142	-105
Other Non-Operating Income (Expense)	7	-11	2	-1	-26
Total Non-Operating Income (Expense)	-285	-322	-164	-130	-121
Pretax Income	175	136	449	481	269
Provision for Income Taxes	76	76	136	129	93
Net Income	81	47	313	352	176
Minority Interest in Earnings	18	13	-	-	-
Net Income to Common	81	47	313	352	176
Net Income Growth	72.34%	-84.98%	-11.08%	100.00%	-
Shares Outstanding (Basic)	90	102	110	118	100
Shares Outstanding (Diluted)	92	103	112	120	101
Shares Change (YoY)	-11.25%	-7.62%	-6.69%	18.30%	18.94%
EPS (Basic)	0.90	0.46	2.84	2.98	1.77
EPS (Diluted)	0.89	0.45	2.80	2.93	1.75
EPS Growth	97.78%	-83.93%	-4.44%	67.43%	-
Shares Outstanding	83.13	96.72	105.96	113.63	119.9
Free Cash Flow	230	267	281	689	150
Free Cash Flow Growth	-13.86%	-4.98%	-59.22%	359.33%	111.27%
Free Cash Flow Per Share	2.51	2.59	2.52	5.76	1.48
Gross Margin	96.99%	95.20%	95.12%	92.86%	90.88%
Operating Margin	9.11%	9.19%	15.41%	15.93%	16.70%
Profit Margin	1.96%	1.20%	7.87%	9.18%	7.54%
FCF Margin	4.56%	5.36%	7.06%	17.97%	6.42%
EBITDA	733	726	826	855	516
EBITDA Margin	14.52%	14.58%	20.76%	22.29%	22.10%
EBIT	460	458	613	611	390
EBIT Margin	9.11%	9.19%	15.41%	15.93%	16.70%
Effective Tax Rate	43.43%	55.88%	30.29%	26.82%	34.57%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q