WYNDHAM HOTELS & RESORTS, INC.
For the period ended Sep 30, 2025. Filed Oct 23, 2025.
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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.
Sep 30, 2025 · Filed Oct 23, 2025
WH$81.12+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating activities | ||
| Net income | $253 | $204 |
| Adjustments to reconcile net income to net cash provided by/(used in) operating activities: | ||
| Depreciation and amortization | 46 | 54 |
| Development advance notes amortization | 23 | 18 |
| Provision for doubtful accounts | 9 | 2 |
| Impairment | — | 12 |
| Deferred income taxes | (5) | (5) |
| Stock-based compensation | 29 | 33 |
| Loss on early extinguishment of debt | — | 3 |
| Net change in assets and liabilities: | ||
| Trade receivables | (60) | (47) |
| Prepaid expenses | 17 | (13) |
| Other current assets | (14) | 2 |
| Accounts payable, accrued expenses and other current liabilities | 8 | (25) |
| Deferred revenues | 27 | 7 |
| Payments of development advance notes, net | (73) | (88) |
| Other, net | (45) | (1) |
| Net cash provided by operating activities | 215 | 156 |
| Investing activities | ||
| Property and equipment additions | (30) | (24) |
| Loan advances, net | (56) | (16) |
| Net cash used in investing activities | (86) | (40) |
| Financing activities | ||
| Proceeds from borrowings | 350 | 1,802 |
| Principal payments on long-term debt | (189) | (1,516) |
| Debt issuance costs | — | (1) |
| Dividends to stockholders | (96) | (92) |
| Repurchases of common stock | (223) | (283) |
| Exercise of stock options | 9 | 15 |
| Net share settlement of incentive equity awards | (22) | (19) |
| Other, net | (1) | (6) |
| Net cash used in financing activities | (172) | (100) |
| Effect of changes in exchange rates on cash, cash equivalents and restricted cash | — | — |
| Net (decrease)/increase in cash, cash equivalents and restricted cash | (43) | 16 |
| Cash, cash equivalents and restricted cash, beginning of period | 113 | 66 |
| Cash, cash equivalents and restricted cash, end of period | $70 | $82 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.