Hilton (HLT) Q3 2026 Earnings
How Did HLT Stock React to Q3 2026 Earnings?
Did HLT Beat Earnings? Q3 2026 Results
Yes. Hilton reported Q3 2026 earnings of $2.45 a share on Oct 27, 2026, beating the $2.36 consensus estimate by 3.8%. Revenue was $3.3B against a $3.4B estimate.
Hilton Worldwide Holdings posted a solid third quarter for 2026, beating Wall Street's earnings estimate for the sixth consecutive quarter while falling just short on the top line. The hotel giant reported adjusted EPS of $2.45, clearing the $2.36 consensus by 3.82%, even as revenue of $3.33 billion came in 1.32% below expectations despite growing 6.6% year over year. The primary engine behind the earnings strength was a 5.8% system-wide RevPAR increase on a currency-neutral basis, with management and franchise fee revenues climbing 9.5% and Adjusted EBITDA rising to $1.06 billion from $976 million a year ago. CEO Christopher Nassetta credited broad-based momentum across the system, with the World Cup and favorable calendar shifts providing additional lift. Net income attributable to stockholders rose to $536 million from $420 million in Q3 2025. Looking ahead, Hilton narrowed its full-year 2026 guidance to adjusted diluted EPS of $9.07 to $9.13 and Adjusted EBITDA of $4.06 billion to $4.08 billion, acknowledging headwinds from Middle East disruption and midterm elections in the fourth quarter.
- System-wide comparable RevPAR increased 5.8% on a currency neutral basis driven by increases in both occupancy and ADR
- Management and franchise fee revenues increased 9.5% year-over-year
- World Cup and favorable calendar/holiday shifts benefited Q3
- U.S. RevPAR growth of 7.0% led regional performance
- Highest quarter ever for organic openings
- Net unit growth of 6.0% year-over-year
“We delivered strong top and bottom-line results for the third quarter that exceeded our expectations. Our results were driven by momentum across our system, which we expect to continue for the remainder of the year and into 2027. We achieved our highest quarter ever for organic openings, and the continued quarterly sequential increases give us confidence in delivering net unit growth around the midpoint of our 6.0% to 7.0% full-year guidance range.”
Hilton CEO, on the earnings call
What Is Hilton's Outlook?
Full Year 2026: System-wide comparable RevPAR projected to increase 4.0–4.5% (currency neutral) vs. 2025. Diluted EPS projected at $8.38–$8.44; adjusted diluted EPS at $9.07–$9.13. Net income projected at $1,909–$1,923 million. Adjusted EBITDA projected at $4,060–$4,080 million, incorporating lower Middle East performance and timeshare license fee expectations. Net unit growth projected at 6.0–7.0%, with expectations around the midpoint. Capital return projected at approximately $3.5 billion. Q4 2026: RevPAR growth of 3.0–3.5% (currency neutral); diluted EPS of $2.25–$2.31; adjusted diluted EPS of $2.32–$2.38; Adjusted EBITDA of $1,047–$1,067 million. Q4 headwinds include midterm elections and increased Middle East impact.
HLT YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $3.3B | $3.1B | +6.6% |
| Operating Income | $909.0M | $777.0M | +17.0% |
| Net Income | $536.0M | $420.0M | +27.6% |
HLT Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.