Travel & Leisure Co.
For the period ended Mar 31, 2026. Filed Apr 22, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 22, 2026
TNL$80.35+2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Deficit
(In millions, except per share amounts)
| Common Shares Outstanding | Common Stock | Treasury Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Non-controlling Interest | Total Deficit | |
|---|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2025 | 63.1 | $3 | $(7,735) | $4,405 | $2,412 | $(66) | $(1) | $(982) |
| Net income | — | — | — | — | 79 | — | — | 79 |
| Other comprehensive income | — | — | — | — | — | 3 | — | 3 |
| Stock option exercises | 0.1 | — | — | 4 | — | — | — | 4 |
| Issuance of shares for RSU/PSU vesting | 0.4 | — | — | — | — | — | — | — |
| Net share settlement of stock-based compensation | — | — | — | (16) | — | — | — | (16) |
| Change in stock-based compensation | — | — | — | 13 | — | — | — | 13 |
| Repurchase of common stock | (1.2) | — | (87) | — | — | — | — | (87) |
| Dividends ($0.60 per share) | — | — | — | — | (38) | — | — | (38) |
| Other | — | — | (1) | 2 | — | — | — | 1 |
| Balance as of March 31, 2026 | 62.4 | $3 | $(7,823) | $4,408 | $2,453 | $(63) | $(1) | $(1,023) |
| Common Shares Outstanding | Common Stock | Treasury Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Non-controlling Interest | Total Deficit | |
|---|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2024 | 67.1 | $2 | $(7,433) | $4,328 | $2,334 | $(112) | $1 | $(880) |
| Net income | — | — | — | — | 73 | — | — | 73 |
| Other comprehensive income | — | — | — | — | — | 12 | — | 12 |
| Issuance of shares for RSU/PSU vesting | 0.6 | 1 | — | — | — | — | — | 1 |
| Net share settlement of stock-based compensation | — | — | — | (13) | — | — | — | (13) |
| Change in stock-based compensation | — | — | — | 14 | — | — | — | 14 |
| Repurchase of common stock | (1.3) | — | (70) | — | — | — | — | (70) |
| Dividends ($0.56 per share) | — | — | — | — | (40) | — | — | (40) |
| Non-controlling interest ownership change | — | — | — | — | — | — | (1) | (1) |
| Other | — | — | (1) | 2 | — | — | — | 1 |
| Balance as of March 31, 2025 | 66.4 | $3 | $(7,504) | $4,331 | $2,367 | $(100) | $— | $(903) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.