Filing Flows › Intercontinental Hotels Group (IHG) › How it makes money
How Intercontinental Hotels Group (IHG) makes money
Intercontinental Hotels Group (IHG) made $2.7B of revenue in the H1 2026 (H1 2026), +6% from a year earlier. System Fund and reimbursable revenues brought in $1.4B (53%); Revenue from reportable segments c brought in $1.3B (47%). Of every dollar of revenue, 25¢ was left as operating profit, 16¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, H1 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| System Fund and reimbursable revenues | $1.4B | 52.8% | — | +4% |
| Revenue from reportable segments c | $1.3B | 47.2% | — | +7% |
| ↳ Americas | $584M | 22.0% | — | +4% |
| ↳ EMEAA | $391M | 14.7% | — | +6% |
| ↳ Central | $192M | 7.2% | — | +13% |
| ↳ Greater China | $88.0M | 3.3% | — | +16% |
Where each dollar of revenue goes
| Line | H1 2026 | % of revenue |
|---|---|---|
| Revenue | $2.7B | 100.0% |
| Operating profit | $671M | 25.2% |
| Income tax | $153M | 5.8% |
| Net earnings | $425M | 16.0% |
| Operating cash flow | $355M | 13.4% |
| Free cash flow | $345M | 13.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| H1 2026 | $2.7B | +6% |
From Intercontinental Hotels Group's 6-K filed Aug 11, 2026 (on EDGAR).
Questions
How does Intercontinental Hotels Group make money?
Intercontinental Hotels Group (IHG) made $2.7B of revenue in the H1 2026 (H1 2026), +6% from a year earlier. System Fund and reimbursable revenues brought in $1.4B (53%); Revenue from reportable segments c brought in $1.3B (47%). Of every dollar of revenue, 25¢ was left as operating profit, 16¢ was left as net earnings.
What is Intercontinental Hotels Group's biggest business?
System Fund and reimbursable revenues: $1.4B in the H1 2026, 53% of revenue, +4% from a year earlier.
What is Intercontinental Hotels Group's profit margin?
Net earnings were $425M, 16.0% of revenue, in the H1 2026; the operating margin was 25.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.