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Hilton Grand Vacations HGV Sales of VOIs — Sales and marketing expense

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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$3.55B-8.5%
Enterprise value$7.84B-1.5%
P/E21.6×-46.4×
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:SellingGeneralAndAdministrativeExpense.

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
($ in millions)March 31, 2026December 31, 2025
Sales of VOIs, net$485$460
Cost of VOI sales135133
Sales and marketing expense7974

Item 1. Financial Statements

FAQ

What is Hilton Grand Vacations's sales of vois — sales and marketing expense?
Hilton Grand Vacations (HGV) reported sales of vois — sales and marketing expense of $79M in Q1 2026.
How has Hilton Grand Vacations's sales of vois — sales and marketing expense changed year-over-year?
Hilton Grand Vacations's sales of vois — sales and marketing expense increased by 132.4% year-over-year, from $34M to $79M.
What is the long-term trend for Hilton Grand Vacations's sales of vois — sales and marketing expense?
Over 3 years (2021 to 2025), Hilton Grand Vacations's sales of vois — sales and marketing expense has grown at a 145.5% compound annual growth rate (CAGR), from $5M to $74M.
What does sales of vois — sales and marketing expense mean?
Includes all costs incurred to acquire new timeshare customers, such as advertising, sales commissions, and promotional incentives. This metric measures the efficiency of the company's customer acquisition strategy relative to the volume of sales generated. High levels of this expense relative to revenue may indicate rising competition or increased difficulty in converting prospects.

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