Hilton Q3 FY2026: EPS $2.37, net income $536 million, RevPAR up 5.8%
Hilton beat on the bottom line and grew revenue 6.6%, and the story still rests on fees rather than rooms it owns. Adjusted EPS of $2.45 cleared the $2.3851 consensus, while GAAP EPS of $2.37 came in just under it. Read the quarter as strong core momentum with a slower fourth quarter already written into guidance.
1 · Expected vs. Actual
Free preview belowDiluted EPS was $2.37 versus $1.78 a year ago, and adjusted EPS was $2.45. Against the $2.3851 consensus, the adjusted figure beat by about $0.06 while GAAP EPS came in roughly $0.02 light — the gap sits in special items, including cost-reimbursement timing and a deconsolidation loss. Diluted shares fell to 226 million from 237 million, so buybacks are doing part of the per-share work.
Revenue rose to $3.33 billion from $3.12 billion a year earlier, a 6.6% gain, and management and franchise fee revenue — the part that actually drops through — grew 9.5%. Strip out $1.97 billion of cost-reimbursement revenue that passes through at no margin and the core business produced $1.36 billion, or 40.8% of the reported top line. System-wide comparable RevPAR rose 5.8% on a currency-neutral basis.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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