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Hilton Grand Vacations HGV Cost of VOI sales — Expenses

Other product segments

Sales and marketing
$437M+2.8%
Cost reimbursements
$149M+12.0%
License fees
$53M+8.2%
Acquisition and integration-related
$12M-57.1%

Similar metrics at other companies

Host Hotels & Resorts logo
HSTCost of goods sold — Expenses
$44M
Marriott Vacations Worldwide logo
VACSale of vacation ownership products — Expenses
$43M+4.9%
Xenia Hotels & Resorts logo
XHRRooms expenses — Expenses
$39.36M+0.1%
Xenia Hotels & Resorts logo
XHRUndistributed expenses — Expenses
$67.87M-0.9%
Xenia Hotels & Resorts logo
XHRFood and beverage expenses — Expenses
$66.34M-0.3%
Host Hotels & Resorts logo
HSTOther property-level expenses — Expenses
$94M-12.1%

Other financials

Income statement

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Revenue$1.3B+11.9%
Net income$66.0M+488%
EPS (diluted)$0.79+565%

Balance sheet

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Cash & equivalents$552.0M-3.2%
Total debt$4.8B+5.6%
Total equity$1.2B-24.4%
Total assets$11.9B+1.2%

Cash flow

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Operating cash flow$128.0M+237%
CapEx$6.0M-57.1%
Free cash flow$122.0M+408%

Valuation

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Market cap$3.61B-8.8%
Enterprise value$7.9B-1.7%
P/E22×-47.4×
P/S0.7×-0.1×

Profitability

See full
Net margin3.2%+2.5pp
FCF margin6.3%+0.3pp

Returns & leverage

See full
Return on equity11.8%+9.9pp
Debt / equity+1.1×

Where this comes from

Reported directly by Hilton Grand Vacations in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Hilton Grand Vacations’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 11:37 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001674168-26-000065
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Cost reimbursements149133
Total revenues1,2851,148
Expenses
Cost of VOI sales4525
Sales and marketing437425
Financing5155
Resort and club management5954
Rental and ancillary services216206

Item 1. Financial Statements

FAQ

What is Hilton Grand Vacations's cost of VOI sales — expenses?
Hilton Grand Vacations (HGV) reported cost of VOI sales — expenses of $45M in Q1 2026.
How has Hilton Grand Vacations's cost of VOI sales — expenses changed year-over-year?
Hilton Grand Vacations's cost of VOI sales — expenses increased by 80.0% year-over-year, from $25M to $45M.
What is the long-term trend for Hilton Grand Vacations's cost of VOI sales — expenses?
Over 4 years (2021 to 2025), Hilton Grand Vacations's cost of VOI sales — expenses has grown at a -8.1% compound annual growth rate (CAGR), from $213M to $152M.
What does cost of VOI sales — expenses mean?
This metric represents the direct costs associated with the sale of vacation ownership intervals, including the capitalized inventory costs recognized upon the transfer of control to the customer. It reflects the cost of goods sold specifically for timeshare interests and is a primary indicator of the profitability of the real estate sales segment. Monitoring this expense helps investors evaluate the efficiency of inventory management and the margin profile of the company's core timeshare development business.

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