Filing Flows › Park Hotels & Resorts (PK) › Q2 2026
Park Hotels & Resorts (PK) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Park Hotels & Resorts (PK) reported revenue of $680M for the second quarter 2026 (Q2 2026), +1% from a year earlier and +9% from the quarter before. Operating margin was 14.0%, net earnings $47.0M (6.9% of revenue).
Park Hotels & Resorts, Q2 2026: revenue $680M (+1% year over year), operating margin 14.0%, net earnings $47.0M, operating cash flow $141M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $680M | +9% | +1% |
| Operating profit | $95.0M | +53% | +46% |
| Net earnings | $47.0M | +327% | — |
| Operating cash flow | $141M | +139% | +31% |
| Free cash flow | $77.0M | — | +18% |
What changed
Revenue was $680.0M in Q2 2026, up 1% year over year and up 9% from the previous quarter. Rooms was the largest line at 59% of revenue. Food and beverage added $8.0M year over year (up 4%), 100% of the total change. Ancillary hotel declined 1%.
Operating profit was $95.0M, a 14.0% margin (up 4.3 points year over year). Of the extra revenue versus Q2 2025, 375% reached operating profit, above the 10% margin then. Total costs fell 4% while revenue rose 1%. Net earnings were $47.0M. The effective tax rate was 9.1%.
Operating cash flow was $141.0M (up 31% year over year), 282% of net income including minority interests. Non-cash charges added back $66.0M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items added $19.0M. Capital expenditures of $64.0M left free cash flow of $77.0M.
Questions
What was Park Hotels & Resorts' revenue in the second quarter 2026?
Park Hotels & Resorts (PK) reported revenue of $680M for the second quarter 2026 (Q2 2026), +1% from a year earlier and +9% from the quarter before.
Was Park Hotels & Resorts profitable in the second quarter 2026?
Operating profit was $95.0M (14.0% of revenue) and net earnings $47.0M.