Filing Flows › Hyatt Hotels (H) › Q2 2026 › vs Q1 2026
Hyatt Hotels (H) Q2 2026 vs Q1 2026 (quarter over quarter)
Hyatt Hotels's revenue rose $81.0M (+5%) from $1.7B in Q1 2026 to $1.8B in Q2 2026. Operating margin 10.0% against 3.3% (+6.7 pts).
Hyatt Hotels, Q2 2026: revenue $1.8B (+1% year over year), operating margin 10.0%, net earnings $110M, operating cash flow $50.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.0% | 3.3% | +6.7 pts |
| Net margin | 6.0% | 2.2% | +3.8 pts |
| Free cash flow margin | 1.5% | 4.4% | -2.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $81.0M | +5% |
| Operating profit | $182M | $57.0M | $125M | +219% |
| Costs & expenses | $1.6B | $1.7B | −$44.0M | -3% |
| Pre-tax earnings | $182M | $57.0M | $125M | +219% |
| General & admin | $180M | $130M | $50.0M | +38% |
| Other operating costs | $1.5B | $1.6B | −$94.0M | -6% |
| Loss borne by minority interests | $1.0M | −$3.0M | $4.0M | — |
| Net earnings | $110M | $38.0M | $72.0M | +189% |
| Income tax | $73.0M | $16.0M | $57.0M | +356% |
| Operating cash sources | $200M | $142M | $58.0M | +41% |
| Depreciation & amortization | $73.0M | $76.0M | −$3.0M | -4% |
| Share-based compensation | $17.0M | $28.0M | −$11.0M | -39% |
| Working capital & other | $150M | $42.0M | $108M | +257% |
| Operating cash flow | $50.0M | $100M | −$50.0M | -50% |
| Free cash flow (OCF − capex) | $28.0M | $77.0M | −$49.0M | -64% |
| Capital expenditures | $22.0M | $23.0M | −$1.0M | -4% |
Questions
How much did Hyatt Hotels's revenue grow quarter over quarter in Q2 2026?
Hyatt Hotels's revenue rose $81.0M (+5%) from $1.7B in Q1 2026 to $1.8B in Q2 2026. Operating margin 10.0% against 3.3% (+6.7 pts).