Hilton Worldwide Holdings (HLT) Q1 FY2026 earnings: revenue $2.9 billion, up 9.0% on the year
Hilton Worldwide Holdings Inc. (HLT) reported revenue of $2.9 billion for Q1 FY2026, the quarter ended 31 March 2026, up 9.0% on the same quarter a year earlier. Net income was $385 million, up 28.3% on the year, and diluted earnings per share $1.66. The figures are the company's own, from the 10-Q it filed with the SEC on 28 April 2026.
Revenue
$2.9 billion
+9.0% on the year · -4.9% on the quarter
Q2 FY2024Q1 FY2026
Operating margin
23.1%
19.9% a year earlier
Q2 FY2024Q1 FY2026
Net income
$385 million
+28.3% on the year · +29.6% on the quarter
Q2 FY2024Q1 FY2026
Diluted EPS
$1.66
+35.0% on the year · +30.7% on the quarter
Q2 FY2024Q1 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
EPS and net income rose: Diluted EPS was $1.66, against $1.23 a year earlier, and $2.01 adjusted for special items, against $1.72. Net income was $383 million, against $300 million.
Comparable RevPAR up 3.6 percent: System-wide comparable RevPAR rose 3.6 percent on a currency neutral basis, with occupancy at 67.4 percent, up 1.4 points, and ADR at $157.14, up 1.5 percent.
Adjusted EBITDA reached $901 million: Adjusted EBITDA was $901 million, against $795 million, a margin of 75.3 percent against 73.7 percent. Total revenues were $2,937 million, against $2,695 million.
$ million except per share. Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q1 FY2026
Q4 FY2025
Q1 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
618
203
452
+204.4%
+36.7%
Capital expenditure
9.0
30.0
19.0
-70.0%
-52.6%
Free cash flow
609
173
433
+252.0%
+40.6%
Free cash flow margin
20.7%
5.6%
16.1%
Cash from investing
-39.0
-60.0
-50.0
Cash from financing
-923
-296
-974
Depreciation and amortisation
50.0
47.0
41.0
+6.4%
+22.0%
Share-based compensation
45.0
35.0
36.0
+28.6%
+25.0%
Buybacks
821
779
875
+5.4%
-6.2%
Dividends paid
35.0
35.0
37.0
0.0%
-5.4%
Dividend per share
$0.15
n/a
$0.15
0.0%
Diluted shares, weighted
232m
234m
243m
-0.9%
-4.5%
Shares outstanding at period end
228m
230m
239m
-0.9%
-4.4%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q1 FY2026
Q4 FY2025
Q1 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
-5,905
-5,388
-4,378
Non-controlling interest
27.0
29.0
23.0
-6.9%
+17.4%
Redeemable equity
11.0
13.0
16.0
-15.4%
-31.2%
Debt
12,334
12,338
11,152
-0.0%
+10.6%
Operating lease liabilities
699
730
728
-4.2%
-4.0%
Finance lease liabilities
n/a
315
n/a
Other liabilities
9,219
8,737
8,502
+5.5%
+8.4%
Total liabilities and equity
16,385
16,774
16,043
-2.3%
+2.1%
Fixed assets
665
684
420
-2.8%
+58.3%
Goodwill
5,070
5,081
5,049
-0.2%
+0.4%
Intangible assets
n/a
447
n/a
Cash and equivalents
564
918
731
-38.6%
-22.8%
Receivables
1,684
1,690
1,575
-0.4%
+6.9%
Other assets
8,402
7,954
8,268
+5.6%
+1.6%
Total assets
16,385
16,774
16,043
-2.3%
+2.1%
Questions
What was Hilton Worldwide Holdings' revenue in Q1 FY2026?
Hilton Worldwide Holdings (HLT) reported revenue of $2.9 billion for Q1 FY2026, the quarter ended 31 March 2026, up 9.0% on the same quarter a year earlier.
How much did Hilton Worldwide Holdings earn in Q1 FY2026?
Net income for Q1 FY2026 was $385 million, up 28.3% on the year, and diluted earnings per share $1.66.
When did Hilton Worldwide Holdings report Q1 FY2026 results?
Hilton Worldwide Holdings filed its 10-Q for the quarter ended 31 March 2026 with the SEC on 28 April 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 31 March 2026, filed 28 April 2026: the filing.