Marriott International (MAR) income statement
NASDAQ · Consumer Cyclical · Travel Lodging · 414,000 employees · CEO Anthony G. Capuano Jr.
- Price
- $399.30 -0.09%
- Market cap
- $104B
- Enterprise value
- $121B
- Last report
- Q2 '26 filed 2026-08-03
- Next report
- 2026-11-02 EPS est. $2.84
Marriott International (MAR) reported revenue of $7.07B for Q2 '26 (+4.8% year on year), operating income of $1.23B (17.4% of revenue) and net income of $766M. Over the last four quarters revenue was $26.9B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.93B | $6.1B | $5.98B | $6.44B | $6.26B | $6.43B | $6.26B | $6.74B | $6.49B | $6.69B | $6.65B | $7.07B | |
| Cost of revenue | $4.53B | $4.99B | $4.79B | $4.94B | $4.98B | $5.29B | $5.02B | $4.93B | $5.07B | $5.58B | $5.31B | $5.52B | |
| Gross profit | $1.4B | $1.11B | $1.19B | $1.5B | $1.27B | $1.14B | $1.25B | $1.81B | $1.42B | $1.11B | $1.34B | $1.55B | |
| General & administrative | $239M | $330M | $261M | $248M | $276M | $289M | $245M | $245M | $234M | $241M | $219M | $220M | |
| Other operating expenses | $59M | $59M | $53M | $55M | $54M | $98M | $52M | $336M | $10M | $88M | $58M | $105M | |
| Operating expenses | $298M | $389M | $314M | $303M | $330M | $387M | $297M | $581M | $244M | $329M | $277M | $325M | |
| Operating income | $1.1B | $718M | $876M | $1.2B | $944M | $752M | $948M | $1.24B | $1.18B | $777M | $1.06B | $1.23B | |
| Interest income | $7M | $9M | $10M | $9M | $11M | $10M | $9M | $12M | $12M | $9M | $10M | $20M | |
| Interest expense | $146M | $153M | $163M | $173M | $179M | $180M | $192M | $203M | $206M | $208M | $214M | $221M | |
| Other non-operating income (gains on investments, FX ...) | -$36M | -$16M | -$14M | -$18M | -$21M | -$26M | -$8M | -$21M | -$20M | -$13M | -$8M | -$36M | |
| Total non-operating income | -$110M | -$137M | -$149M | -$155M | -$158M | -$154M | -$184M | -$182M | -$186M | -$195M | -$206M | -$185M | |
| Income before tax | $989M | $581M | $727M | $1.04B | $786M | $598M | $764M | $1.05B | $994M | $582M | $858M | $1.04B | |
| Income tax | $237M | -$267M | $163M | $268M | $202M | $143M | $99M | $291M | $266M | $137M | $210M | -$278M | |
| Net income | $752M | $848M | $564M | $772M | $584M | $455M | $665M | $763M | $728M | $445M | $648M | $766M | |
| EPS (basic) | $2.52 | $2.88 | $1.94 | $2.70 | $2.07 | $1.63 | $2.40 | $2.78 | $2.68 | $1.66 | $2.41 | $2.85 | |
| EPS (diluted) | $2.51 | $2.87 | $1.93 | $2.69 | $2.07 | $1.62 | $2.39 | $2.78 | $2.67 | $1.65 | $2.41 | $2.84 | |
| Shares (basic, weighted) | 299M | 294M | 290M | 286M | 282M | 279M | 278M | 274M | 272M | 269M | 269M | 269M | |
| Shares (diluted, weighted) | 300M | 296M | 292M | 287M | 282M | 280M | 278M | 274M | 273M | 269M | 269M | 269M | |
| Depreciation & amortization | $69M | $73M | $116M | $47M | $71M | $279M | $136M | $143M | $143M | $177M | $162M | $222M | |
| EBITDA | $1.2B | $807M | $1.01B | $1.26B | $1.04B | $1.06B | $1.09B | $1.4B | $1.34B | $967M | $1.23B | $1.49B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.4B | $20.5B | $20.8B | $21B | $10.6B | $13.9B | $20.8B | $23.7B | $25.1B | $26.2B | |
| Cost of revenue | $12.7B | $16.6B | $17.1B | $17.8B | $9.11B | $11.1B | $16.2B | $18.6B | $20B | $20.6B | |
| Gross profit | $2.67B | $3.81B | $3.67B | $3.22B | $1.46B | $2.8B | $4.56B | $5.12B | $5.1B | $5.59B | |
| General & administrative | $743M | $921M | $927M | $938M | $762M | $823M | $891M | $1.01B | $1.07B | $965M | |
| Other operating expenses | $505M | $388M | $381M | $479M | $613M | $228M | $205M | $249M | $260M | $486M | |
| Operating expenses | $1.25B | $1.31B | $1.31B | $1.42B | $1.38B | $1.05B | $1.1B | $1.26B | $1.33B | $1.45B | |
| Operating income | $1.42B | $2.5B | $2.37B | $1.8B | $84M | $1.75B | $3.46B | $3.86B | $3.77B | $4.14B | |
| Interest income | $35M | $38M | $22M | $26M | $27M | $28M | $26M | $30M | $40M | $42M | |
| Interest expense | $234M | $288M | $340M | $394M | $445M | $420M | $403M | $565M | $695M | $809M | |
| Other non-operating income (gains on investments, FX ...) | -$49M | -$766M | -$319M | -$193M | $105M | $150M | -$55M | -$79M | -$79M | -$49M | |
| Total non-operating income | -$185M | $478M | -$21M | -$201M | -$550M | -$570M | -$348M | -$486M | -$616M | -$747M | |
| Income before tax | $1.24B | $2.98B | $2.35B | $1.6B | -$466M | $1.18B | $3.11B | $3.38B | $3.15B | $3.39B | |
| Income tax | $431M | $1.52B | $438M | $326M | -$199M | $81M | $756M | $295M | $776M | $793M | |
| Net income | $808M | $1.46B | $1.91B | $1.27B | -$267M | $1.1B | $2.36B | $3.08B | $2.38B | $2.6B | |
| EPS (basic) | $2.78 | $3.89 | $5.16 | $3.83 | -$0.82 | $3.36 | $7.27 | $10.23 | $8.36 | $9.52 | |
| EPS (diluted) | $2.73 | $3.84 | $5.10 | $3.79 | -$0.82 | $3.34 | $7.24 | $10.18 | $8.33 | $9.49 | |
| Shares (basic, weighted) | 291M | 375M | 350M | 333M | 326M | 327M | 324M | 302M | 284M | 269M | |
| Shares (diluted, weighted) | 291M | 380M | 354M | 336M | 326M | 329M | 326M | 303M | 285M | 269M | |
| Depreciation & amortization | $159M | $279M | $284M | $403M | $478M | $295M | $400M | $436M | $492M | $599M | |
| EBITDA | $1.63B | $3.55B | $2.97B | $2.4B | $457M | $1.9B | $3.92B | $4.38B | $4.34B | $4.79B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01