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Filing Flows › Hyatt Hotels (H) › Q3 2026 › vs Q2 2026

Hyatt Hotels (H) Q3 2026 vs Q2 2026 (quarter over quarter)

Hyatt Hotels's revenue fell $86.0M (-5%) from $1.8B in Q2 2026 to $1.7B in Q3 2026. Operating margin 4.5% against 10.0% (-5.4 pts).

Hyatt Hotels, Q3 2026: revenue $1.7B (-2% year over year), operating margin 4.5%, net earnings $58.0M, operating cash flow −$135M. The chart draws each line against Q2 2026, the increases inside each band.

Hyatt Hotels: what changed, Q3 2026 vs Q2 2026Hyatt Hotels: what changed, Q3 2026 vs Q2 2026Cash used in operations$185MOperating cash sources$126MWorking capital & other$126MOperating profit−$103MPre-tax earnings−$103MOther operating costs$95.0MGeneral & admin−$78.0MIncome tax−$55.0MNet earnings−$52.0MCosts & expenses$17.0M

Margins

Q3 2026Q2 2026Change
Operating margin4.5%10.0%-5.4 pts
Net margin3.3%6.0%-2.7 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$1.7B$1.8B−$86.0M-5%
Operating profit$79.0M$182M−$103M-57%
Costs & expenses$1.7B$1.6B$17.0M+1%
Pre-tax earnings$79.0M$182M−$103M-57%
General & admin$102M$180M−$78.0M-43%
Other operating costs$1.6B$1.5B$95.0M+6%
Net earnings$58.0M$110M−$52.0M-47%
Minority interests$3.0M−$1.0M$4.0M—
Income tax$18.0M$73.0M−$55.0M-75%
Operating cash sources$276M$150M$126M+84%
Depreciation & amortization$72.0M$73.0M−$1.0M-1%
Share-based compensation$11.0M$17.0M−$6.0M-35%
Cash used in operations$135M−$50.0M$185M—
Working capital & other$276M$150M$126M+84%

Questions

How much did Hyatt Hotels's revenue grow quarter over quarter in Q3 2026?

Hyatt Hotels's revenue fell $86.0M (-5%) from $1.8B in Q2 2026 to $1.7B in Q3 2026. Operating margin 4.5% against 10.0% (-5.4 pts).

Q3 2026 results → · Compare in the interactive Sankey →