10-QPeriod: Q1 FY2026

Hilton Worldwide Holdings Inc. Quarterly Report for Q1 Ended Mar 31, 2026

Filed April 28, 2026For Securities:HLT

Summary

Hilton Worldwide Holdings Inc. reported a strong first quarter for 2026, demonstrating robust revenue growth and improved profitability. Total revenues increased by 8.8% to $2.94 billion, driven by a significant 11.4% rise in franchise and licensing fees, alongside an 8.0% increase in base and other management fees. This growth is primarily attributed to the expansion of their hotel portfolio and an increase in RevPAR (Revenue per Available Room) across comparable hotels. The company's profitability also saw a substantial uplift, with net income attributable to Hilton stockholders rising by 28.3% to $385 million, leading to diluted earnings per share of $1.66, up from $1.23 in the prior year's quarter. The company's operational focus on its management and franchise segment continues to yield strong results, contributing $908 million in Segment Adjusted EBITDA. While the ownership segment's Adjusted EBITDA was smaller, overall performance indicates effective execution of Hilton's global growth strategy. The company also returned significant capital to shareholders through share repurchases, demonstrating confidence in its financial health and future prospects. With a healthy development pipeline and positive RevPAR trends, Hilton appears well-positioned for continued growth.

Financial Statements
Beta
Revenue$2.94B
Operating Expenses$2.26B
Operating Income$678.00M
Net Income$385.00M
EPS (Basic)$1.68
EPS (Diluted)$1.66
Shares Outstanding (Basic)229.00M
Shares Outstanding (Diluted)232.00M

Key Highlights

  • 1Total revenues increased by 8.8% to $2.94 billion in Q1 2026, compared to $2.70 billion in Q1 2025.
  • 2Net income attributable to Hilton stockholders grew by 28.3% to $385 million, with diluted EPS rising to $1.66 from $1.23.
  • 3Franchise and licensing fees saw a substantial increase of 11.4%, indicating strong fee-based business growth.
  • 4System-wide RevPAR increased by 3.6%, driven by improvements in occupancy and Average Daily Rate (ADR) across most regions, particularly benefiting from a favorable earlier spring break timing.
  • 5Segment Adjusted EBITDA for the management and franchise segment increased by 12.8% to $908 million, highlighting the strength of this core business.
  • 6The company repurchased approximately $825 million of its common stock in the first quarter of 2026, underscoring a commitment to returning capital to shareholders.
  • 7The development pipeline remains robust with 3,768 hotels representing 527,000 rooms expected to be added to the system, with a significant portion outside the U.S. and in the management and franchise segment.

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