Hilton Grand Vacations stock: Q3 results, lower 2026 outlook
Published on 10/30/2026 at 19:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults and Outlook Diverge
- Reported revenue benefited from a 296 million US dollar net construction recognition tied to a Hawaii project.
- Contract sales fell as volume per guest weakened, despite higher tour flow.
- Management lowered full-year adjusted EBITDA guidance and is prioritizing stronger sales conversion.
Hilton Grand Vacations reported its third-quarter 2026 results on October 29, with revenue growth shaped by a large construction-related recognition while contract sales weakened. In its Business Wire release, the company said total revenue reached 1.961 billion US dollars for the quarter ended September 30, compared with 1.300 billion US dollars a year earlier.
Reported Earnings Mask Mixed Trends
Net income attributable to stockholders rose to 291 million US dollars from 25 million US dollars. Diluted earnings per share came to 3.70 US dollars, while adjusted diluted earnings per share reached 4.03 US dollars.
The reported figures included a 296 million US dollar net construction recognition related to a Hawaii project. Hilton Grand Vacations said adjusted EBITDA attributable to stockholders was 609 million US dollars, also reflecting that recognition. The company separately reported a 55 million US dollar reduction in its allowance for originated timeshare financing receivables after changing its methodology.
The operating picture was less favorable in sales. Contract sales fell by 100 million US dollars to 807 million US dollars, while volume per guest declined 12.5%. Tour flow increased 1.7%, indicating that customer traffic held up even as sales conversion and transaction value came under pressure.
Guidance Sets the Next Test
Hilton Grand Vacations lowered its 2026 adjusted EBITDA guidance, excluding deferrals and recognitions, to 1.165 billion to 1.180 billion US dollars from the previous range of 1.225 billion to 1.265 billion US dollars. Management said its near-term focus is to improve sales execution, raise conversion rates and return the business to consistent profitable growth.
The real-time quote of Hilton Grand Vacations stock showed the share trading at 33.60 euros on Lang & Schwarz at 19:34 Berlin time on Friday, October 30.
Hilton Grand Vacations market facts
- Company: Hilton Grand Vacations Inc.
- ISIN: US43283X1054
- Ticker: HGV
- Home exchange: NYSE
- Latest quote: 33.60 euros at Lang & Schwarz, October 30, 2026, 19:34 Berlin time
- Third-quarter revenue: 1.961 billion US dollars
- Full-year adjusted EBITDA guidance: 1.165 billion to 1.180 billion US dollars
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