AI brief of an SEC Form 8-K · Marriott Vacations Worldwide (VAC)

Marriott Vacations Worldwide Q3 net loss of $2 million; full-year EBITDA outlook cut

Negative Impact 4 of 5 guidance Written later

Marriott Vacations Worldwide reported a third-quarter 2025 net loss attributable to common stockholders of $2 million, or $0.07 per diluted share, compared with net income of $84 million a year earlier. It also cut its full-year 2025 Adjusted EBITDA and Adjusted free cash flow guidance, while raising the low end of its Adjusted EPS range, which matters to shareholders because the outlook for earnings and cash generation was lowered.

Key points

  • Q3 2025 net loss attributable to common stockholders was $2 million, or $0.07 per diluted share, versus net income of $84 million, or $2.12 per diluted share, in Q3 2024.
  • Q3 2025 Adjusted EBITDA was $170 million, down 15% from $200 million; consolidated contract sales were $439 million, down 4%.
  • Full-year 2025 Adjusted EBITDA guidance is $740 million to $755 million, down from $750 million to $780 million; Adjusted free cash flow guidance is $235 million to $270 million, down from $270 million to $330 million.
  • Full-year 2025 Adjusted EPS guidance is $6.70 to $7.10, up from $6.40 to $7.10; the company will hold a conference call on November 6, 2025 at 8:30 a.m. ET.

The filing

CompanyMarriott Vacations Worldwide (VAC)
Form8-K, current report
Filed with the SECNov 5, 2025, 4:22 PM ET
Accession number0001524358-25-000163

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.