Every 10-Q that Travel+Leisure Co (TNL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TNL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TNL filings page.
Travel + Leisure Co. generated Q2 2026 net revenues of $1,063 million, up from $1,018 million a year earlier, and net income of $109 million versus $108 million. Diluted EPS was $1.72, compared with $1.62. Vacation Ownership net revenues rose to $907 million, driven by vacation ownership interest sales of $524 million, while Travel and Membership revenues were $157 million.
For the first half of 2026, net revenues were $2,024 million and net income $188 million. Net cash provided by operating activities was $258 million, down from $353 million, reflecting larger uses of cash for vacation ownership contract receivables and inventory. The company ended June 30, 2026 with $5,710 million of total debt, including $2,010 million of non-recourse securitized vacation ownership debt, and reported an interest coverage ratio of 5.05x and first lien leverage of 3.16x, remaining in compliance with covenants. Capital returns were significant, with $175 million of share repurchases, $78 million of dividends, 61,204,232 shares outstanding, and $745 million of remaining repurchase authorization. An agreement in principle with SEC staff contemplates a $975,000 civil penalty related to prior loan disclosure, which has been fully accrued.
Travel + Leisure Co. reported first-quarter 2026 results with net revenues of $961 million, up from $934 million a year earlier. Net income attributable to shareholders was $79 million versus $73 million, and diluted EPS rose to $1.22 from $1.07.
The Vacation Ownership segment generated $798 million of revenue, driven by vacation ownership interest sales of $427 million and consumer financing of $113 million, while Travel and Membership contributed $165 million. Company-wide Adjusted EBITDA reached $225 million, compared with $202 million in the prior-year quarter.
Cash from operating activities was $38 million, down from $121 million, reflecting higher working capital outflows and a $100 million provision for loan losses on vacation ownership contract receivables. The company repurchased $87 million of stock, paid $41 million in dividends, and ended the quarter with $456 million in cash, cash equivalents and restricted cash.
Travel + Leisure Co. reported higher quarterly results. For the three months ended September 30, 2025, net revenues were $1,044 million, up from $993 million a year ago. Operating income rose to $214 million from $189 million. Net income attributable to shareholders was $111 million, and diluted EPS from continuing operations increased to $1.67.
Vacation Ownership led growth: VOI sales were $494 million versus $455 million, with total segment revenue of $876 million. Travel and Membership contributed $169 million, steady with last year. Year to date, net revenues were $2,996 million and diluted EPS from continuing operations was $4.35.
The balance sheet showed cash and cash equivalents of $240 million and total assets of $6,892 million. Debt was $3,554 million, with $2,024 million of non‑recourse vacation ownership debt; stockholders’ deficit was $(821) million. Operating cash flow for the nine months was $516 million, supporting $210 million of share repurchases (4.0 million shares) and $114 million in dividends. Shares outstanding were 64,325,188 as of September 30, 2025. Remaining buyback authorization stood at $253 million.