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Hilton Grand Vacations HGV Marketing expense — Expenses

Other product segments

Sales and marketing
$437M+2.8%
Rental and ancillary services
$216M+4.9%
Cost reimbursements
$149M+12.0%
Resort and club management
$59M+9.3%
License fee expense
$53M+8.2%
Financing
$51M-7.3%
Cost of VOI sales
$45M+80.0%
Acquisition and integration-related expense
$12M-57.1%

Similar metrics at other companies

Marriott Vacations Worldwide logo
VACVacation Ownership — Marketing and sales
$242M+3.4%
Travel + Leisure logo
TNLVacation Ownership — Marketing
$108M+16.1%
Marriott Vacations Worldwide logo
VACSale of vacation ownership products — Expenses
$46M+9.5%
Marriott Vacations Worldwide logo
VACManagement and exchange — Expenses
$120M+2.6%
Mid-America Apartment Communities logo
MAASame Store — Marketing Expense
$6.88M+1.0%
Compass logo
COMPOther selling and marketing expense
$97M+67.2%

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$4.11B-10.2%

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 official record: Hilton Grand Vacations’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hilton Grand Vacations's marketing expense — expenses?
Hilton Grand Vacations (HGV) reported marketing expense — expenses of $239M in Q1 2026.
How has Hilton Grand Vacations's marketing expense — expenses changed year-over-year?
Hilton Grand Vacations's marketing expense — expenses increased by 3.9% year-over-year, from $230M to $239M.
What is the long-term trend for Hilton Grand Vacations's marketing expense — expenses?
Over 3 years (2022 to 2025), Hilton Grand Vacations's marketing expense — expenses has grown at a 23.1% compound annual growth rate (CAGR), from $551M to $1.03B.
What does marketing expense — expenses mean?
This metric represents the total costs incurred by the company to acquire new timeshare owners and promote vacation ownership products. It encompasses expenditures related to lead generation, sales center operations, and promotional activities designed to drive contract sales volume. Monitoring this expense provides insight into the company's customer acquisition efficiency and the scalability of its sales and marketing infrastructure.