Hilton Grand Vacations boosts 2026 outlook as contract sales reach $719M

Hilton Grand Vacations (NYSE:HGV) reported solid financial results for the first quarter of 2026, supported by steady momentum in its vacation ownership business and a significant increase to its full-year earnings expectations.

The Orlando-based company posted total revenues of $1.285 billion, despite a $25 million impact from net construction deferrals.

Total contract sales for the period hit $719 million, reflecting resilient consumer demand for premium travel experiences.

Profitability for the quarter remained healthy, with net income attributable to stockholders reaching $66 million, or $0.79 per diluted share.

On an adjusted basis, net income was $83 million, resulting in an adjusted diluted EPS of $0.99.

Management noted that the adjusted figures were impacted by an $18 million construction deferral, equivalent to a $0.22 per share headwind.

Adjusted EBITDA attributable to stockholders for the quarter stood at $249 million.

The company continued to prioritize shareholder returns through an active buyback strategy.

During the first quarter, HGV repurchased 3.3 million shares for $150 million.

The momentum carried into April, with an additional $41 million in repurchases through April 23, leaving the company with $237 million in remaining capacity under its 2025 Repurchase Plan.

Looking ahead, Hilton Grand Vacations raised its full-year 2026 adjusted EBITDA guidance (excluding deferrals and recognitions) to a range of $1.225 billion to $1.265 billion, up from its previous projection of $1.185 billion to $1.225 billion.