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Travel + Leisure TNL Deferred other revenue — Contract with Customer, Liability

Other product segments

Deferred subscription revenue
$151M-3.2%
Subscription revenue
$147M-2.6%

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Other financials

Income statement

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Revenue$961.0M+2.9%
Gross profit$926.0M+1.6%
Operating income$159.0M+1.9%
Net income$79.0M+8.2%
EPS (diluted)$1.22+14.0%

Balance sheet

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Cash & equivalents$456.0M+24.3%
Total debt$4.7B+11.9%
Total equity-$1.0B-13.2%
Total assets$6.8B+1.1%

Cash flow

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Operating cash flow$38.0M-68.6%
CapEx$19.0M-9.5%
Free cash flow$19.0M-81.0%

Valuation

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Market cap$4.79B+39.8%

Profitability

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Gross margin93%-4.9pp
Operating margin14.3%-4.8pp
Net margin10.4%-0.6pp
FCF margin10.9%-0.7pp

Returns & leverage

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Return on equity122.1%
Debt / equity6.6×
Current ratio1.2×

Where this comes from

Reported directly by Travel + Leisure in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Travel + Leisure’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Travel + Leisure's deferred other revenue — contract with customer, liability?
Travel + Leisure (TNL) reported deferred other revenue — contract with customer, liability of $11M in Q1 2026.
How has Travel + Leisure's deferred other revenue — contract with customer, liability changed year-over-year?
Travel + Leisure's deferred other revenue — contract with customer, liability increased by 175.0% year-over-year, from $4M to $11M.
What is the long-term trend for Travel + Leisure's deferred other revenue — contract with customer, liability?
Over 4 years (2021 to 2025), Travel + Leisure's deferred other revenue — contract with customer, liability has grown at a 4.3% compound annual growth rate (CAGR), from $11M to $13M.
What does deferred other revenue — contract with customer, liability mean?
This metric represents the portion of revenue from other products and services that has been billed or collected but not yet earned under existing customer contracts. It reflects a liability for the company to deliver specific goods or services in future periods. Monitoring this balance provides insight into the company's obligation to fulfill commitments related to its non-core travel and hospitality offerings.