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Hyatt Hotels (H) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Hyatt Hotels (H) reported revenue of $1.7B for the third quarter 2026 (Q3 2026), -2% from a year earlier and -5% from the quarter before. Operating margin was 4.5%, net earnings $58.0M (3.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | -5% | -2% |
| Operating profit | $79.0M | -57% | — |
| Net earnings | $58.0M | -47% | — |
| Operating cash flow | −$135M | -370% | — |
What changed
Revenue was $1.7B in Q3 2026, down 2% year over year and down 5% from the previous quarter. Segment revenues was the largest line at 44% of revenue. Owned and leased lost $0.16B year over year (down 37%), 367% of the total change.
Operating profit was $0.08B, a 4.5% margin (up 5.5 points year over year). Total costs fell 8% while revenue fell 2%. Net earnings were $0.06B. The effective tax rate was 22.8%.
Operating cash flow was −$0.14B. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.28B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.16B.
Questions
What was Hyatt Hotels' revenue in the third quarter 2026?
Hyatt Hotels (H) reported revenue of $1.7B for the third quarter 2026 (Q3 2026), -2% from a year earlier and -5% from the quarter before.
Was Hyatt Hotels profitable in the third quarter 2026?
Operating profit was $79.0M (4.5% of revenue) and net earnings $58.0M.
Source: Hyatt Hotels 10-Q on SEC EDGAR.