Filing Flows › Marriott Vacations Worldwide (VAC) › Q3 2026 › vs Q2 2026
Marriott Vacations Worldwide (VAC) Q3 2026 vs Q2 2026 (quarter over quarter)
Marriott Vacations Worldwide's revenue rose $47.0M (+4%) from $1.3B in Q2 2026 to $1.4B in Q3 2026. Operating margin 11.2% against 12.2% (-1.0 pts).
Marriott Vacations Worldwide, Q3 2026: revenue $1.4B (+8% year over year), operating margin 11.2%, net earnings $82.0M, operating cash flow $128M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 11.2% | 12.2% | -1.0 pts |
| Net margin | 6.0% | 5.8% | +0.2 pts |
| Free cash flow margin | 8.5% | 5.0% | +3.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $47.0M | +4% |
| Operating profit | $153M | $161M | −$8.0M | -5% |
| Costs & expenses | $1.2B | $1.2B | $55.0M | +5% |
| Pre-tax earnings | $113M | $114M | −$1.0M | -0.9% |
| Other expense, net | $40.0M | $47.0M | −$7.0M | -15% |
| Sales & marketing | $268M | $281M | −$13.0M | -5% |
| General & admin | $71.0M | $62.0M | $9.0M | +15% |
| Other operating costs | $875M | $816M | $59.0M | +7% |
| Net earnings | $82.0M | $77.0M | $5.0M | +6% |
| Income tax | $31.0M | $37.0M | −$6.0M | -16% |
| Depreciation & amortization | $33.0M | $32.0M | $1.0M | +3% |
| Share-based compensation | $12.0M | $12.0M | $0 | 0% |
| Working capital & other | $1.0M | −$41.0M | $42.0M | — |
| Operating cash flow | $128M | $80.0M | $48.0M | +60% |
| Free cash flow (OCF − capex) | $116M | $66.0M | $50.0M | +76% |
| Capital expenditures | $12.0M | $14.0M | −$2.0M | -14% |
Questions
How much did Marriott Vacations Worldwide's revenue grow quarter over quarter in Q3 2026?
Marriott Vacations Worldwide's revenue rose $47.0M (+4%) from $1.3B in Q2 2026 to $1.4B in Q3 2026. Operating margin 11.2% against 12.2% (-1.0 pts).