---
title: "Hilton Grand Vacations | 8-K: FY2025 Q3 Revenue: USD 1.3 B"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263507392.md"
published_at: "2025-10-30T11:40:16.000Z"
---

# Hilton Grand Vacations | 8-K: FY2025 Q3 Revenue: USD 1.3 B

Revenue: As of FY2025 Q3, the actual value is USD 1.3 B.

EPS: As of FY2025 Q3, the actual value is USD 0.28, missing the estimate of USD 0.941.

EBIT: As of FY2025 Q3, the actual value is USD 74 M.

### Real Estate Sales and Financing

-   **Revenue**: $789 million, a decrease of $25 million compared to Q3 2024.
-   **Adjusted EBITDA**: $184 million, down from $233 million in Q3 2024.
-   **Adjusted EBITDA Profit Margin**: 23.3%, down from 28.6% in Q3 2024.
-   **Contract Sales**: $907 million, up $130 million YoY.
-   **Tours**: Increased by 1.9% YoY.
-   **VPG**: Increased by 14.7% YoY.
-   **Financing Revenue**: Increased by $23 million YoY.

### Resort Operations and Club Management

-   **Revenue**: $406 million, an increase of $23 million compared to Q3 2024.
-   **Adjusted EBITDA**: $159 million, up from $156 million in Q3 2024.
-   **Adjusted EBITDA Profit Margin**: 39.2%, down from 40.7% in Q3 2024.

### Cash Flow

-   **Free Cash Flow**: - $4 million for Q3 2025, compared to $59 million in Q3 2024.
-   **Adjusted Free Cash Flow**: $23 million for Q3 2025, compared to - $42 million in Q3 2024.

### Balance Sheet and Liquidity

-   **Total Cash and Cash Equivalents**: $215 million as of September 30, 2025.
-   **Total Restricted Cash**: $328 million as of September 30, 2025.
-   **Corporate Debt**: $4.7 billion with a weighted average interest rate of 5.980%.
-   **Non-Recourse Debt**: $2.5 billion with a weighted average interest rate of 5.096%.
-   **Liquidity Position**: $215 million of unrestricted cash and $632 million remaining borrowing capacity under the revolver facility.
-   **Timeshare Facility**: $300 million remaining borrowing capacity.
-   **Notes**: $1.1 billion of notes current on payments but not securitized, with $586 million potentially monetizable.

### Outlook / Guidance

-   The company is reiterating its prior guidance for the full year 2025 Adjusted EBITDA, excluding deferrals and recognitions, of $1.125 billion to $1.165 billion.

### Related Stocks

- [HGV.US - Hilton Grand Vacations](https://longbridge.com/en/quote/HGV.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Hilton Grand Vacations Inc. unveils investor presentation highlighting global growth, revenue, and expanded resort offerings | Hilton Grand Vacations Inc. has unveiled an investor presentation detailing its global growth and operational performanc | [Link](https://longbridge.com/en/news/271128772.md) |
| Hilton Grand Vacations Secures $400 Million Timeshare Loan Securitization | Hilton Grand Vacations Inc. completed a $400 million securitization of timeshare loans, issuing four classes of notes wi | [Link](https://longbridge.com/en/news/269916637.md) |
| Hilton Grand Vacations (HGV): Valuation Check After $400 Million Timeshare Loan Securitization Deal | Hilton Grand Vacations closed a $400 million securitization of timeshare loans, enhancing liquidity and investor insight | [Link](https://longbridge.com/en/news/270378812.md) |
| Dir Johnson Gifts 11,347 Of Hilton Grand Vacations Inc [HGV] | Johnson David William Director of Hilton Grand Vacations Inc [HGV] filed a Form 4 on December 15, 2025 with the Securiti | [Link](https://longbridge.com/en/news/269775831.md) |
| Hilton Grand Vacations Inc. Officer Carlos Hernandez Reports Disposal of Common Shares | Carlos Hernandez, an officer of Hilton Grand Vacations Inc., has reported the disposal of common shares of the company.  | [Link](https://longbridge.com/en/news/265211890.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.