Filing Flows › Wyndham Hotels & Resorts (WH) › Q2 2026
Wyndham Hotels & Resorts (WH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
Wyndham Hotels & Resorts (WH) reported revenue of $375M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +15% from the quarter before. Operating margin was 46.4%, net earnings $102M (27.2% of revenue).
Wyndham Hotels & Resorts, Q2 2026: revenue $375M (-6% year over year), operating margin 46.4%, net earnings $102M, operating cash flow $91.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $375M | +15% | -6% |
| Operating profit | $174M | +53% | +16% |
| Net earnings | $102M | +67% | +17% |
| Operating cash flow | $91.0M | +117% | +30% |
| Free cash flow | $77.0M | +120% | +33% |
What changed
Revenue was $375.0M in Q2 2026, down 6% year over year and up 15% from the previous quarter. Royalties and franchise fees was the largest line at 37% of revenue. Marketing and reservation fees lost $18.0M year over year (down 13%), 82% of the total change.
Operating profit was $174.0M, a 46.4% margin (up 8.6 points year over year). Total costs fell 19% while revenue fell 6%. Net earnings were $102.0M, up 17% year over year. The effective tax rate was 26.1%.
Operating cash flow was $91.0M (up 30% year over year), 89% of net earnings. Non-cash charges added back $15.0M of depreciation and amortization and $9.0M of share-based compensation. Working capital and other items used $35.0M. Capital expenditures of $14.0M left free cash flow of $77.0M.
Questions
What was Wyndham Hotels & Resorts' revenue in the second quarter 2026?
Wyndham Hotels & Resorts (WH) reported revenue of $375M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +15% from the quarter before.
Was Wyndham Hotels & Resorts profitable in the second quarter 2026?
Operating profit was $174M (46.4% of revenue) and net earnings $102M.