MARRIOTT VACATIONS WORLDWIDE Corp

For the period ended Dec 31, 2025. Filed Mar 2, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 2, 2026

VAC$115.68+0.5%Stored close · as of Nov 10, 2026

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Contents

Item 8. Financial Statements and Supplementary Data

The following financial information is included on the pages indicated.

	Page
Financial Statements and Supplementary Data	67
Management’s Report on Internal Control Over Financial Reporting	68
Report of Independent Registered Public Accounting Firm (PCAOB ID: 42) Internal Control Over Financial Reporting	69
Report of Independent Registered Public Accounting Firm (PCAOB ID: 42)Financial Statements	70
Financial Statements	73
Consolidated Statements of Income	73
Consolidated Statements of Comprehensive Income	74
Consolidated Balance Sheets	75
Consolidated Statements of Cash Flows	76
Consolidated Statements of Stockholders’ Equity	78
Notes to Consolidated Financial Statements	79
1. Basis of Presentation	79
2. Summary of Significant Accounting Policies	80
3. Revenue	90
4. Income Taxes	92
5. Vacation Ownership Notes Receivable	96
6. Financial Instruments	101
7. Earnings per Share	103
8. Inventory	104
9. Property and Equipment	104
10. Goodwill	105
11. Intangibles	105
12. Contingencies and Commitments	106
13. Leases	107
14. Securitized Debt	108
15. Debt	110
16. Stockholders' Equity	113
17. Share-based Compensation	115
18. Variable Interest Entities	116
19. Business Segments	119
20. Restructuring and Impairment	122
21. Modernization	123

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.