Filing Flows › Marriott International (MAR) › Q3 2026
Marriott International (MAR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Marriott International (MAR) reported revenue of $7.0B for the third quarter 2026 (Q3 2026), +8% from a year earlier and -0.9% from the quarter before. Operating margin was 18.2%, net earnings $794M (11.3% of revenue).
Marriott International, Q3 2026: revenue $7.0B (+8% year over year), operating margin 18.2%, net earnings $794M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0B | -0.9% | +8% |
| Operating profit | $1.3B | +4% | +8% |
| Net earnings | $794M | +4% | +9% |
| Operating cash flow | $1.4B | +51% | +31% |
| Free cash flow | $1.3B | +64% | +37% |
What changed
Revenue was $7.0B in Q3 2026, up 8% year over year and down 1% from the previous quarter. Reimbursements was the largest line at 73% of revenue. Reimbursements added $0.32B year over year (up 7%), 62% of the total change.
Operating profit was $1.3B, a 18.2% margin (unchanged year over year). Of the extra revenue versus Q3 2025, 18% reached operating profit, above the 18% margin then. Total costs grew 8% against revenue growth of 8%. Net earnings were $0.79B, up 9% year over year. The effective tax rate was 25.1%.
Operating cash flow was $1.4B (up 31% year over year), 180% of net earnings. Non-cash charges added back $0.07B of share-based compensation. Working capital and other items added $0.57B. Capital expenditures of $0.13B left free cash flow of $1.3B.
Questions
What was Marriott International's revenue in the third quarter 2026?
Marriott International (MAR) reported revenue of $7.0B for the third quarter 2026 (Q3 2026), +8% from a year earlier and -0.9% from the quarter before.
Was Marriott International profitable in the third quarter 2026?
Operating profit was $1.3B (18.2% of revenue) and net earnings $794M.