WYNDHAM HOTELS & RESORTS, INC.

For the period ended Sep 30, 2025. Filed Oct 23, 2025.

About 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.

Sep 30, 2025 · Filed Oct 23, 2025

WH$81.12+1.3%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income

(In millions, except per share amounts)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
Net revenues
Royalties and franchise fees	$147	$159	$420	$419
Marketing, reservation and loyalty	149	161	431	429
Management and other fees	2	3	7	7
License and other fees	35	32	95	89
Other	49	39	142	119
Fee-related and other revenues	382	394	1,095	1,063
Cost reimbursements	—	2	—	4
Net revenues	382	396	1,095	1,067
Expenses
Marketing, reservation and loyalty	131	149	432	435
Operating	29	23	73	59
General and administrative	26	30	87	91
Cost reimbursements	—	2	—	4
Depreciation and amortization	15	17	46	54
Restructuring	2	2	16	11
Transaction-related	1	1	2	46
Impairment	—	—	—	12
Separation-related	—	1	1	(11)
Total expenses	204	225	657	701
Operating income	178	171	438	366
Interest expense, net	36	34	103	93
Early extinguishment of debt	—	—	—	3
Income before income taxes	142	137	335	270
Provision for income taxes	37	35	82	66
Net income	$105	$102	$253	$204
Earnings per share
Basic	$1.37	$1.30	$3.28	$2.55
Diluted	1.36	1.29	3.26	2.54

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.