Marriott Vacations Worldwide Q1 net income falls 61% to $22 million
Marriott Vacations Worldwide reported first-quarter 2026 net income attributable to common stockholders of $22 million, down from $56 million, and diluted EPS of $0.64 versus $1.46, while total revenues rose 5% to $1,257 million. The company raised its full-year 2026 contract sales guidance to $1,815 million to $1,885 million and reiterated its Adjusted EBITDA guidance of $755 million to $780 million, so shareholders see weaker first-quarter profit alongside a higher sales outlook.
Key points
- Net income attributable to common stockholders was $22 million, versus $56 million a year earlier; diluted EPS was $0.64, versus $1.46.
- Adjusted EBITDA was $161 million, down from $192 million; contract sales were $411 million, down 2%.
- Full-year 2026 contract sales guidance raised to $1,815 million to $1,885 million from $1,745 million to $1,815 million.
- Full-year 2026 Adjusted EBITDA guidance of $755 million to $780 million was reiterated; the Westin Cancun sale generated $50 million of proceeds.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits 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 May 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.