Wyndham Hotels & Resorts, Inc. (WH) Income Statement
WH 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWH revenue and net income
Where WH's revenue goes
2025Each bar shows an amount and its share of revenue. WH kept 13.5% of revenue as net income.
WH profit margins
WH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.5% | −1.6% | +1.9% | +0.9% |
| Gross profit | −40.3% | +0.4% | +9.6% | +3.2% |
| Operating income | −18.0% | −10.1% | — | +5.0% |
| Net income | −33.2% | −18.4% | — | +2.6% |
| EPS (diluted) | +5.5% | +5.1% | +34.8% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WH quarterly EPS vs estimates
Wyndham Hotels & Resorts beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 21, 2026 (estimate $1.31).
WH income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.41B | $1.40B | $1.50B | $1.56B | $1.30B | $2.05B | $1.87B | $1.35B | $1.27B |
| Cost of revenue | $588.0M | $81.0M | $582.0M | $668.0M | $770.0M | $769.0M | $1.19B | $1.07B | $670.0M | $647.0M |
| Gross profit | $841.0M | $1.41B | $815.0M | $830.0M | $795.0M | $531.0M | $867.0M | $796.0M | $677.0M | $622.0M |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $125.0M | $694.0M | $130.0M | $123.0M | $113.0M | $535.0M | $130.0M | $119.0M | $88.0M | $83.0M |
| Total operating expenses | $435.0M | $913.0M | $312.0M | $272.0M | $349.0M | $577.0M | $560.0M | $400.0M | $368.0M | $324.0M |
| Operating income | $406.0M | $495.0M | $503.0M | $558.0M | $446.0M | −$46.0M | $307.0M | $336.0M | $261.0M | $295.0M |
| Interest income | $139.0M | $5.0M | $6.0M | $80.0M | $93.0M | $112.0M | $100.0M | $60.0M | $6.0M | $1.0M |
| Interest expense | $139.0M | $129.0M | $108.0M | $85.0M | $94.0M | $114.0M | $104.0M | $60.0M | $6.0M | $1.0M |
| Income before taxes | $265.0M | $368.0M | $398.0M | $476.0M | $335.0M | −$158.0M | $207.0M | $223.0M | $255.0M | $294.0M |
| Income taxes | $72.0M | $79.0M | $109.0M | $121.0M | $91.0M | −$26.0M | $50.0M | $61.0M | $12.0M | $118.0M |
| Net income | $193.0M | $289.0M | $289.0M | $355.0M | $244.0M | −$132.0M | $157.0M | $162.0M | $243.0M | $176.0M |
| EBITDA | $466.0M | $568.0M | $582.0M | $638.0M | $524.0M | $54.0M | $420.0M | $495.0M | $324.0M | $371.0M |
| EPS (diluted) | $4.58 | $4.34 | $4.01 | $3.95 | $3.16 | $1.03 | $3.27 | $2.87 | $1.04 | $1.76 |
| Gross margin | 58.9% | 100.0% | 58.3% | 55.4% | 50.8% | 40.8% | 42.2% | 42.6% | 50.3% | 49.0% |
| Operating margin | 28.4% | 35.2% | 36.0% | 37.2% | 28.5% | −3.5% | 15.0% | 18.0% | 19.4% | 23.2% |
| Net margin | 13.5% | 20.5% | 20.7% | 23.7% | 15.6% | −10.2% | 7.6% | 8.7% | 18.0% | 13.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $375.0M | $327.0M | $334.0M | $382.0M | $397.0M | $316.0M | $341.0M | $394.0M | $367.0M | $304.0M | $321.0M | $402.0M |
| Cost of revenue | $32.0M | $188.0M | $259.0M | $29.0M | $162.0M | $138.0M | $129.0M | $149.0M | $196.0M | $131.0M | $124.0M | $164.0M |
| Gross profit | $343.0M | $139.0M | $75.0M | $353.0M | $235.0M | $178.0M | $212.0M | $245.0M | $367.0M | $173.0M | $197.0M | $238.0M |
| Sales, general & admin | $169.0M | $34.0M | $38.0M | $175.0M | $56.0M | $49.0M | $61.0M | $53.0M | $187.0M | $47.0M | $37.0M | $31.0M |
| Total operating expenses | $169.0M | $18.0M | $109.0M | $175.0M | $85.0M | $66.0M | $83.0M | $74.0M | $222.0M | $123.0M | $93.0M | $75.0M |
| Operating income | $174.0M | $121.0M | −$34.0M | $178.0M | $150.0M | $112.0M | $129.0M | $171.0M | $145.0M | $50.0M | $104.0M | $163.0M |
| Interest income | — | — | $36.0M | $36.0M | $34.0M | $33.0M | $31.0M | $34.0M | — | — | — | $27.0M |
| Interest expense | $36.0M | $34.0M | $36.0M | $36.0M | $34.0M | $33.0M | $32.0M | $34.0M | $30.0M | $28.0M | $29.0M | $27.0M |
| Income before taxes | $138.0M | $80.0M | −$72.0M | $142.0M | $116.0M | $79.0M | $98.0M | $137.0M | $112.0M | $22.0M | $75.0M | $136.0M |
| Income taxes | $36.0M | $19.0M | −$12.0M | $37.0M | $29.0M | $18.0M | $13.0M | $35.0M | $26.0M | $6.0M | $26.0M | $33.0M |
| Net income | $102.0M | $61.0M | −$60.0M | $105.0M | $87.0M | $61.0M | $85.0M | $102.0M | $86.0M | $16.0M | $49.0M | $103.0M |
| EBITDA | $189.0M | $130.0M | −$20.0M | $196.0M | $180.0M | $129.0M | $151.0M | $192.0M | $159.0M | $126.0M | $130.0M | $183.0M |
| EPS (diluted) | $1.48 | $0.96 | $0.93 | $1.46 | $1.33 | $0.86 | $1.04 | $1.39 | $1.13 | $0.78 | $0.91 | $1.31 |
| Gross margin | 91.5% | 42.5% | 22.5% | 92.4% | 59.2% | 56.3% | 62.2% | 62.2% | 100.0% | 56.9% | 61.4% | 59.2% |
| Operating margin | 46.4% | 37.0% | −10.2% | 46.6% | 37.8% | 35.4% | 37.8% | 43.4% | 39.5% | 16.4% | 32.4% | 40.5% |
| Net margin | 27.2% | 18.7% | −18.0% | 27.5% | 21.9% | 19.3% | 24.9% | 25.9% | 23.4% | 5.3% | 15.3% | 25.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WH's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WH financial results
In fiscal year 2025 (ended December 31, 2025), Wyndham Hotels & Resorts reported revenue of $1.4 billion, up 1.5% from the year before. It had net income of $193.0 million (down 33.2%), a net profit margin of 13.5%. Diluted earnings per share came to $4.58. Over five years revenue grew at an average rate of 1.9% a year.
See the WH stock overview for the latest quote and news, or the WH chart for price history and technical indicators.
WH income statement FAQ
What is Wyndham Hotels & Resorts's annual revenue?
Wyndham Hotels & Resorts reported total revenue of $1.4 billion for fiscal year 2025, which ended on December 31, 2025. That was up 1.5% from $1.4 billion the previous year.
Is Wyndham Hotels & Resorts profitable?
Yes. Wyndham Hotels & Resorts reported net income of $193.0 million in fiscal 2025, a net profit margin of 13.5%; its operating margin was 28.4%.
What is Wyndham Hotels & Resorts's gross margin?
Wyndham Hotels & Resorts's gross margin was 58.9% in fiscal 2025: for every $100 of revenue, Wyndham Hotels & Resorts kept $59 after the direct cost of its products and services.
How fast is Wyndham Hotels & Resorts growing?
Revenue grew 1.9% a year on average over the last five fiscal years, from $1.3 billion to $1.4 billion.
What are Wyndham Hotels & Resorts's earnings per share?
Wyndham Hotels & Resorts earned $4.58 per diluted share in fiscal 2025, compared with $4.34 a year earlier.
When will Wyndham Hotels & Resorts report its next earnings?
Wyndham Hotels & Resorts is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes.
When does Wyndham Hotels & Resorts's fiscal year end?
Wyndham Hotels & Resorts's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.