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Hilton Grand Vacations HGV Financing — Expenses

Other product segments

Sales and marketing
$437M+2.8%
Cost reimbursements
$149M+12.0%
License fees
$53M+8.2%
Cost of VOI sales
$45M+80.0%
Acquisition and integration-related
$12M-57.1%

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XHRUndistributed expenses — Expenses
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HSTOther property-level expenses — Expenses
$94M-12.1%
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XHRFood and beverage expenses — Expenses
$66.34M-0.3%
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VACRental — Expenses
$140M+12.0%
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HSTOther — Expenses
$371M-1.1%

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-8.5%
Enterprise value$7.9B-1.5%
P/E22×-47.2×
P/S0.7×-0.1×

Profitability

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

Returns & leverage

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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
Expenses
Cost of VOI sales4525
Sales and marketing437425
Financing5155
Resort and club management5954
Rental and ancillary services216206
General and administrative4946
Acquisition and integration-related expense1228

Item 1. Financial Statements

FAQ

What is Hilton Grand Vacations's financing — expenses?
Hilton Grand Vacations (HGV) reported financing — expenses of $51M in Q1 2026.
How has Hilton Grand Vacations's financing — expenses changed year-over-year?
Hilton Grand Vacations's financing — expenses decreased by 7.3% year-over-year, from $55M to $51M.
What is the long-term trend for Hilton Grand Vacations's financing — expenses?
Over 4 years (2021 to 2025), Hilton Grand Vacations's financing — expenses has grown at a 34.9% compound annual growth rate (CAGR), from $65M to $215M.
What does financing — expenses mean?
This metric captures the direct costs incurred in managing and servicing the consumer loan portfolio, including provisions for loan losses and administrative costs related to financing operations. It serves as a measure of the operational efficiency and credit risk management associated with the company's lending activities. Monitoring these expenses is essential for evaluating the net profitability of the financing segment relative to the interest income generated.

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