Filing Flows › Park Hotels & Resorts (PK) › Q3 2026
Park Hotels & Resorts (PK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Park Hotels & Resorts (PK) reported revenue of $602M for the third quarter 2026 (Q3 2026), -1% from a year earlier and -11% from the quarter before. Operating margin was 6.3%, net loss $15.0M (2.5% of revenue).
Park Hotels & Resorts, Q3 2026: revenue $602M (-1% year over year), operating margin 6.3%, net loss $15.0M, operating cash flow $115M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $602M | -11% | -1% |
| Operating profit | $38.0M | -60% | -36% |
| Net earnings | −$15.0M | -132% | — |
| Operating cash flow | $115M | -18% | +16% |
| Free cash flow | $58.0M | -25% | +87% |
What changed
Revenue was $602.0M in Q3 2026, down 1% year over year and down 11% from the previous quarter. Rooms was the largest line at 61% of revenue. Food and beverage lost $4.0M year over year (down 3%), 50% of the total change.
Operating profit was $38.0M, a 6.3% margin (down 3.4 points year over year). Total costs grew 2% against a revenue fall of 1%. The fastest-growing cost line was General & admin (+29%). The quarter ended with a net loss of $15.0M, after a profit of $50.0M the previous quarter. Net interest and other expense of $54.0M was the main reason.
Operating cash flow was $115.0M (up 16% year over year). Non-cash charges added back $74.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $51.0M. Capital expenditures of $57.0M left free cash flow of $58.0M.
Questions
What was Park Hotels & Resorts' revenue in the third quarter 2026?
Park Hotels & Resorts (PK) reported revenue of $602M for the third quarter 2026 (Q3 2026), -1% from a year earlier and -11% from the quarter before.
Was Park Hotels & Resorts profitable in the third quarter 2026?
Operating profit was $38.0M (6.3% of revenue) and net loss $15.0M.