When did Travel + Leisure report Q1 2025 earnings?

Travel + Leisure (TNL) reported Q1 2025 earnings on April 23, 2025 before market open.

What were Travel + Leisure's Q1 2025 revenue and EPS?

Travel + Leisure reported revenue of $934.0M and eps of $1.11 for Q1 2025.

Did Travel + Leisure beat estimates in Q1 2025?

Revenue missed the consensus estimate of $1.0B by $74.0M. EPS beat the consensus estimate of $1.10 by $0.01.

How did Travel + Leisure's Q1 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 2.0% from $916.0M a year earlier and eps grew 14.4% from $0.97.

Where can I find Travel + Leisure's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0001361658-25-000185) directly on SEC EDGAR. The filing index links above go to sec.gov.

Travel + Leisure TNL Q1 2025 earnings

Reported April 23, 2025 · Before market open

Revenue$934.0MMiss by $74.0M

EPS$1.11Beat by $0.01

Revenue estimate$1.0B

EPS estimate$1.10

Next report

Oct 28, 2026 (in 3 months)

Revenue estimate$1.1B

EPS estimate$2.07

Financials

Q1 2025

Income statement

See full

Revenue$934.0M+2.0%

Gross profit$911.0M+3.3%

Operating income$156.0M+4.0%

Net income$73.0M+10.6%

EPS (diluted)$1.07+16.3%

Balance sheet

See full

Cash & equivalents$367.0M-43.3%

Total debt$4.2B-6.7%

Total equity-$903.0M+2.5%

Total assets$6.8B-3.7%

Cash flow

See full

Operating cash flow$121.0M+157%

CapEx$21.0M+23.5%

Free cash flow$100.0M+233%

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$3.09B-11.8%

Enterprise value$6.93B-5.9%

P/E7.4×-1.4×

P/S0.8×-0.1×

Profitability

See full

Gross margin97.9%+1.5pp

Operating margin19.1%-0.2pp

Net margin10.8%+0.2pp

FCF margin11.7%+3.5pp

Segments

By product

See full

Vacation ownership interest sales$384.0M+4.1%

Property management fees and reimbursable revenues$223.0M—

Transaction revenues$130.0M—

Consumer financing$112.0M+1.8%

Deferred subscription revenue$43.0M-4.4%

By segment

See full

Vacation Ownership$755.0M—

Travel and Membership$180.0M—

By geography

See full

UNITED STATES$886.3M+4.1%

Versus estimates

Revenue

Q2 2026$1.1BBeat by $20.9M Q1 2026$961.0MBeat by $6.1M Q4 2025$1.0BBeat by $25.6M Q3 2025$1.0BBeat by $43.6M Q2 2025$1.0BMiss by $21.7M

Q1 2025$934.0MMiss by $74.0M

Diluted EPS

Q2 2026$1.88In line Q1 2026$1.45Beat by $0.14 Q4 2025$1.83In line Q3 2025$1.80Beat by $0.08 Q2 2025$1.65Miss by $0.01

Q1 2025$1.11Beat by $0.01

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Questions, answered.

When did Travel + Leisure report Q1 2025 earnings?: Travel + Leisure (TNL) reported Q1 2025 earnings on April 23, 2025 before market open.
What were Travel + Leisure's Q1 2025 revenue and EPS?: Travel + Leisure reported revenue of $934.0M and eps of $1.11 for Q1 2025.
Did Travel + Leisure beat estimates in Q1 2025?: Revenue missed the consensus estimate of $1.0B by $74.0M. EPS beat the consensus estimate of $1.10 by $0.01.
How did Travel + Leisure's Q1 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 2.0% from $916.0M a year earlier and eps grew 14.4% from $0.97.
Where can I find Travel + Leisure's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0001361658-25-000185) directly on SEC EDGAR. The filing index links above go to sec.gov.