Wyndham Hotels & Resorts Inc. (WH) financial statements: income statement, balance sheet and cash flow
Wyndham Hotels & Resorts Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Wyndham Hotels & Resorts Inc. reported revenue of $1.4B (+1.5% year on year) and net income of $193.0M (-33.2% year on year).
Income statement
Wyndham Hotels & Resorts Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Fee-related and other revenues
$1.4B
$1.4B
$1.4B
$1.4B
Net revenues
$1.4B
$1.4B
$1.4B
$1.5B
Cost of revenues
$565.0M
$568.0M
$582.0M
$668.0M
Operating
$168.0M
$81.0M
$94.0M
$106.0M
General and administrative
$125.0M
$130.0M
$130.0M
$123.0M
Depreciation and amortization
$62.0M
$71.0M
$76.0M
$77.0M
Separation-related
$1.0M
($11.0M)
$1.0M
$1.0M
Impairment
$86.0M
$12.0M
$0
$0
Transaction-related, net
$2.0M
$47.0M
$11.0M
$0
Total expenses
$1.0B
$913.0M
$894.0M
$940.0M
Operating income
$402.0M
$495.0M
$503.0M
$558.0M
Interest expense, net
$139.0M
$124.0M
$102.0M
$80.0M
Early extinguishment of debt
$0
$3.0M
$3.0M
$2.0M
Income before income taxes
$263.0M
$368.0M
$398.0M
$476.0M
Provision for income taxes
$70.0M
$79.0M
$109.0M
$121.0M
Net income
$193.0M
$289.0M
$289.0M
$355.0M
Basic (in usd per share)
$2.51
$3.64
$3.43
$3.93
Diluted (in usd per share)
$2.50
$3.61
$3.41
$3.91
Costs Recognized
$18.0M
$15.0M
—
$0
Wyndham Hotels & Resorts Inc. income statement, quarters
Line item
Sep 30, 2026 · Q3
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Net revenues
$410.0M
$375.0M
$327.0M
$382.0M
Cost of revenues
$157.0M
$131.0M
$131.0M
$0
Operating
$29.0M
$26.0M
$25.0M
$29.0M
General and administrative
$36.0M
$24.0M
$34.0M
$26.0M
Depreciation and amortization
$14.0M
$15.0M
$16.0M
$15.0M
Transaction-related
$0
$0
$3.0M
$1.0M
Restructuring and other-related
$2.0M
$5.0M
$5.0M
$2.0M
Separation-related
$0
—
—
$0
Total expenses
$238.0M
$201.0M
$213.0M
$204.0M
Operating income
$172.0M
$174.0M
$114.0M
$178.0M
Interest expense, net
$37.0M
$36.0M
$34.0M
$36.0M
Income before income taxes
$135.0M
$138.0M
$80.0M
$142.0M
Provision for income taxes
$36.0M
$36.0M
$19.0M
$37.0M
Net income
$99.0M
$102.0M
$61.0M
$105.0M
Basic (in usd per share)
$1.34
$1.37
$0.80
$1.37
Diluted (in usd per share)
$1.33
$1.36
$0.80
$1.36
Balance sheet
Wyndham Hotels & Resorts Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$64.0M
$103.0M
$66.0M
$161.0M
Trade receivables, net
$291.0M
$271.0M
$241.0M
$234.0M
Prepaid expenses
$33.0M
$44.0M
$27.0M
$59.0M
Other current assets
$47.0M
$49.0M
$39.0M
$91.0M
Total current assets
$435.0M
$467.0M
$373.0M
$545.0M
Property and equipment, net
$104.0M
$94.0M
$88.0M
$99.0M
Goodwill
$1.5B
$1.5B
$1.5B
$1.5B
Intangible assets, net
$1.5B
$1.5B
$1.6B
$1.6B
Other non-current assets
$628.0M
$589.0M
$468.0M
$348.0M
Total assets
$4.2B
$4.2B
$4.0B
$4.1B
Current portion of long-term debt
$45.0M
$43.0M
$37.0M
$20.0M
Accounts payable
$38.0M
$37.0M
$32.0M
$39.0M
Deferred revenues
$134.0M
$121.0M
$91.0M
$83.0M
Accrued expenses and other current liabilities
$290.0M
$265.0M
$299.0M
$264.0M
Total current liabilities
$507.0M
$466.0M
$459.0M
$406.0M
Long-term debt
$2.5B
$2.4B
$2.2B
$2.1B
Deferred income taxes
$271.0M
$332.0M
$325.0M
$345.0M
Deferred revenues
$220.0M
$169.0M
$167.0M
$164.0M
Other non-current liabilities
$201.0M
$186.0M
$172.0M
$189.0M
Total liabilities
$3.7B
$3.6B
$3.3B
$3.2B
Preferred stock, $0.01 par value, authorized 6.0 shares, none issued and outstanding
0
0
0
0
Common stock, $0.01 par value, 75.7 and 102.8 issued at December 31, 2025 and 2024
$1.0M
$1.0M
$1.0M
$1.0M
Treasury stock, acquired (in shares)
300.0K
24.8M
20.7M
—
Treasury stock, at cost – 0.3 and 24.8 shares at December 31, 2025 and 2024
-21.0M
-1.7B
-1.4B
-964.0M
Additional paid-in capital
$14.0M
$1.6B
$1.6B
$1.6B
Retained earnings
$471.0M
$654.0M
$488.0M
$318.0M
Accumulated other comprehensive income
$3.0M
$17.0M
$19.0M
$38.0M
Total stockholders’ equity
$468.0M
$650.0M
$746.0M
$962.0M
Total liabilities and stockholders’ equity
$4.2B
$4.2B
$4.0B
$4.1B
Wyndham Hotels & Resorts Inc. balance sheet, quarters
Line item
Sep 30, 2026
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Cash and cash equivalents
$71.0M
$69.0M
$79.0M
$70.0M
Trade receivables, net
$336.0M
$331.0M
$300.0M
$326.0M
Prepaid expenses
$43.0M
$46.0M
$49.0M
$27.0M
Other current assets
$54.0M
$51.0M
$47.0M
$85.0M
Total current assets
$504.0M
$497.0M
$475.0M
$508.0M
Property and equipment, net
$150.0M
$148.0M
$138.0M
$99.0M
Goodwill
$1.5B
$1.5B
$1.5B
$1.5B
Intangible assets, net
$1.5B
$1.5B
$1.5B
$1.5B
Other non-current assets
$710.0M
$685.0M
$627.0M
$680.0M
Total assets
$4.4B
$4.3B
$4.2B
$4.3B
Current portion of long-term debt
$23.0M
$23.0M
$23.0M
$45.0M
Accounts payable
$67.0M
$57.0M
$40.0M
$49.0M
Deferred revenues
$135.0M
$147.0M
$110.0M
$96.0M
Accrued expenses and other current liabilities
$273.0M
$276.0M
$310.0M
$249.0M
Total current liabilities
$498.0M
$503.0M
$483.0M
$439.0M
Long-term debt
$2.7B
$2.7B
$2.6B
$2.6B
Deferred income taxes
$270.0M
$268.0M
$269.0M
$322.0M
Deferred revenues
$219.0M
$224.0M
$232.0M
$222.0M
Other non-current liabilities
$194.0M
$205.0M
$190.0M
$198.0M
Total liabilities
$3.9B
$3.9B
$3.8B
$3.8B
Preferred stock, $0.01 par value, authorized 6.0 shares, none issued and outstanding
0
0
0
0
Common stock, $0.01 par value, 76.2 and 75.7 shares issued as of September 30, 2026 and December 31, 2025
1.0M
1.0M
1.0M
1.0M
Treasury stock, at cost – 2.8 and 0.3 shares as of September 30, 2026 and December 31, 2025
-217.0M
-126.0M
-72.0M
-1.9B
Additional paid-in capital
$33.0M
$23.0M
$12.0M
$1.7B
Retained earnings
$635.0M
$568.0M
$498.0M
$811.0M
Accumulated other comprehensive income
$23.0M
$14.0M
$8.0M
$1.0M
Total stockholders’ equity
$475.0M
$480.0M
$447.0M
$583.0M
Total liabilities and stockholders’ equity
$4.4B
$4.3B
$4.2B
$4.3B
Cash flow statement
Wyndham Hotels & Resorts Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$193.0M
$289.0M
$289.0M
$355.0M
Depreciation and amortization
$62.0M
$71.0M
$76.0M
$77.0M
Development advance notes amortization
$32.0M
—
—
—
Provision for doubtful accounts and loan losses
$87.0M
—
—
—
Impairment
$86.0M
$12.0M
$0
$0
Deferred income taxes
($57.0M)
$4.0M
($17.0M)
($39.0M)
Stock-based compensation
$43.0M
$45.0M
$39.0M
$33.0M
Early extinguishment of debt
$0
$3.0M
$3.0M
$2.0M
Trade receivables
($48.0M)
($39.0M)
($10.0M)
$16.0M
Prepaid expenses
$11.0M
($18.0M)
$5.0M
($6.0M)
Other current assets
($1.0M)
$2.0M
$37.0M
($3.0M)
Accounts payable, accrued expenses and other current liabilities
$38.0M
($33.0M)
($4.0M)
$14.0M
Deferred revenues
$62.0M
$36.0M
$10.0M
$22.0M
Payments of development advance notes
$112.0M
$114.0M
($73.0M)
($52.0M)
Proceeds from development advance notes
$7.0M
$5.0M
$1.0M
$4.0M
Other, net
($36.0M)
$23.0M
$17.0M
$13.0M
Net cash provided by operating activities
$367.0M
$290.0M
$376.0M
$399.0M
Property and equipment additions
($46.0M)
($49.0M)
($37.0M)
($39.0M)
Loan advances
($58.0M)
($17.0M)
($29.0M)
$0
Loan repayments
$1.0M
$1.0M
$0
$0
Net cash used in investing activities
($103.0M)
($65.0M)
($66.0M)
$179.0M
Proceeds from borrowings
$405.0M
$1.8B
$1.4B
$400.0M
Principal payments on long-term debt
($312.0M)
($1.5B)
($1.2B)
($404.0M)
Finance lease payments
$0
($39.0M)
($5.0M)
($5.0M)
Debt issuance costs
($3.0M)
($1.0M)
($10.0M)
($4.0M)
Dividends to stockholders
($127.0M)
($122.0M)
($118.0M)
($116.0M)
Repurchases of common stock
($266.0M)
($310.0M)
($393.0M)
($448.0M)
Exercise of stock options
$12.0M
$22.0M
$0
$4.0M
Net share settlement of incentive equity awards
($23.0M)
($20.0M)
($9.0M)
($11.0M)
Other, net
$0
$0
$0
($1.0M)
Net cash used in financing activities
($314.0M)
($175.0M)
($402.0M)
($584.0M)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash
$1.0M
($3.0M)
($3.0M)
($4.0M)
Net (decrease)/increase in cash, cash equivalents and restricted cash
($49.0M)
$47.0M
($95.0M)
($10.0M)
Cash, cash equivalents and restricted cash, beginning of period
$113.0M
$66.0M
$161.0M
$171.0M
Cash, cash equivalents and restricted cash, end of period
$64.0M
$113.0M
$66.0M
$161.0M
Wyndham Hotels & Resorts Inc. cash flow statement, quarters
Line item
Sep 30, 2026 · YTD
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Net income
$262.0M
$163.0M
$61.0M
$253.0M
Depreciation and amortization
$45.0M
$31.0M
$16.0M
$46.0M
Development advance notes amortization
$26.0M
$17.0M
$8.0M
$23.0M
Provision for doubtful accounts
$10.0M
$6.0M
$2.0M
$9.0M
Deferred income taxes
($9.0M)
($8.0M)
($5.0M)
($5.0M)
Stock-based compensation
$28.0M
$19.0M
$10.0M
$29.0M
Trade receivables
($56.0M)
($46.0M)
($11.0M)
($60.0M)
Prepaid expenses
($10.0M)
($13.0M)
($16.0M)
$17.0M
Other current assets
$10.0M
$2.0M
$6.0M
($14.0M)
Accounts payable, accrued expenses and other current liabilities
($17.0M)
($16.0M)
$14.0M
$8.0M
Deferred revenues
($12.0M)
$14.0M
($14.0M)
$27.0M
Payments of development advance notes, net
($75.0M)
($57.0M)
($29.0M)
($73.0M)
Other, net
$24.0M
$21.0M
$0
($45.0M)
Net cash provided by operating activities
$226.0M
$133.0M
$42.0M
$215.0M
Property and equipment additions
($32.0M)
($21.0M)
($7.0M)
($30.0M)
Loan advances, net
($14.0M)
($1.0M)
$0
($56.0M)
Net cash used in investing activities
($46.0M)
($22.0M)
($7.0M)
($86.0M)
Proceeds from borrowings
$822.0M
$762.0M
$702.0M
$350.0M
Principal payments on long-term debt
($662.0M)
($654.0M)
($617.0M)
($189.0M)
Debt issuance costs
($10.0M)
($10.0M)
($8.0M)
$0
Dividends to stockholders
($98.0M)
($66.0M)
($34.0M)
($96.0M)
Repurchases of common stock
($196.0M)
($107.0M)
($51.0M)
($223.0M)
Exercise of stock options
$8.0M
$7.0M
$5.0M
$9.0M
Net share settlement of incentive equity awards
($18.0M)
($17.0M)
($17.0M)
($22.0M)
Other, net
$1.0M
—
—
($1.0M)
Net cash used in financing activities
($153.0M)
($85.0M)
($20.0M)
($172.0M)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash
($1.0M)
($1.0M)
—
$0
Net increase/(decrease) in cash, cash equivalents and restricted cash
$26.0M
$25.0M
$15.0M
($43.0M)
Cash, cash equivalents and restricted cash, beginning of period
$64.0M
$64.0M
$64.0M
$113.0M
Cash, cash equivalents and restricted cash, end of period