ORLANDO, Fla. (April 30, 2026) – Hilton Grand Vacations Inc. (NYSE: HGV) (“HGV” or “the Company”) today reports its first quarter 2026 results.
First Quarter 2026 Results1
- Total contract sales were $719 million.
- Total revenues were $1.285 billion.
- Total revenues were affected by a net construction deferral of $25 million.
- Net income attributable to stockholders was $66 million and diluted EPS was $0.79.
- Adjusted net income attributable to stockholders was $83 million and adjusted diluted EPS was $0.99.
- Net income and Adjusted net income attributable to stockholders were affected by a net construction deferral of $18 million, or $(0.22) per share.
- Adjusted EBITDA attributable to stockholders was $249 million.
- Adjusted EBITDA attributable to stockholders was affected by a net construction deferral of $18 million.
- During the first quarter, the Company repurchased 3.3 million shares of common stock for $150 million.
- From April 1 through April 23, 2026, the Company repurchased approximately 904,000 shares for $41 million and currently has $237 million of remaining availability under the 2025 Repurchase Plan.
- The Company is raising its prior guidance for the full year 2026 Adjusted EBITDA, excluding deferrals and recognitions, to $1.225 billion to $1.265 billion, from the prior range of $1.185 billion to $1.225 billion.
“We delivered results that exceeded our expectations in the first quarter, driven by disciplined execution and efficiency initiatives that fueled strong Adjusted EBITDA growth and meaningful margin expansion,” said Mark Wang, CEO of Hilton Grand Vacations. “We also continued to attract new buyers and deepen engagement across our platform, underscoring the strength of our value proposition. Our team is executing well against our strategic initiatives, and the momentum we’re seeing gives us the confidence to raise our Adjusted EBITDA outlook for the year.”
[1]The Company’s current period results and prior year results include impacts related to deferrals of revenues and direct expenses related to the Sales of Vacation Ownership Intervals or Vacation Ownership Interests (“VOIs”) under construction that are recognized when construction is complete. These impacts are reflected in the sub-bullets.
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