EarningsQ2 2026 Earnings Report
IT:1MAR Q2 2026 EPS Results
Actual EPS€2.85
Consensus EPS€2.75
Beat/MissBeat by +€0.10
One Year Ago EPS€2.36
IT:1MAR Q2 2026 Revenue Results
Actual Revenue€6.31B
Expected Revenue€6.42B
Beat/MissMissed by -€108.48M
YoY Revenue Growth+4.85%
Earnings Announcement Details
QuarterQ2 2026
Date08/03/2026
TimeBefore Open
Conference CallMonday, August 3, 2026
IT:1MAR Upcoming Earnings
Marriott International's next earnings date is estimated for November 2, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
IT:1MAR Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call contained multiple strong positive indicators — revenue, EBITDA and EPS growth; raised 2026 guidance; a record development pipeline and significant owner and loyalty initiatives — which outweigh the notable regional headwinds primarily driven by the Middle East conflict, some one-time charges and increased near-term investment spending. Management’s actions to enhance owner economics, new co-brand card agreements, technology rollouts and strong signings support a constructive outlook despite short-term regional and timing pressures.Company Guidance
Strong Global Revenue and Profit Growth
Total gross fee revenues increased 13% year-over-year to $1.58 billion; adjusted EBITDA rose 13% to $1.59 billion; adjusted diluted EPS increased 20% to $3.19.
Raised 2026 Guidance
Full-year global RevPAR guidance raised to 3%–3.5% growth; full-year gross fee revenue guidance raised ~11% to $6.03–$6.06 billion; full-year adjusted EBITDA now expected to increase 11%–12% to $5.97–$6.03 billion; adjusted diluted EPS growth expected 16%–18%.
Healthy RevPAR Performance Across Key Markets
Q2 global RevPAR up 3.4%; U.S. & Canada RevPAR up 5% (highest quarterly increase in 13 quarters) and +4% excluding World Cup; Luxury RevPAR in U.S. & Canada up over 9%; select service RevPAR up over 4%; APEC RevPAR up over 5%; Europe RevPAR up over 4%; Greater China RevPAR up over 3%; CALA up 3%.
Robust Development Pipeline and Record Signings
Record global signings in H1; global pipeline grew nearly 7% year-over-year to ~629,000 rooms; over 279,000 rooms under construction; conversions represented 34% of signings and 40% of openings in H1.
Net Rooms Growth and Multiyear Momentum
Net rooms grew 4.5% over the 12 months ending June 30 to over 1.8 million rooms; 30-month compound annual growth rate since end of 2023 is 5.2%; company expects mid-single-digit net rooms growth over next few years.
Co-branded Credit Card Agreements and Fee Upside
Executed new long-term U.S. agreements with JPMorgan Chase and American Express; incremental impact to 2026 co-branded credit card fees ~ $30 million for partial year 2026; potential $100–$125 million annual benefit by 2028 at current royalty rate.
Technology and Loyalty Enhancements
Phased rollout of Ask Bonvoy AI conversational search began in June; over 2,000 select service U.S./Canada hotels transitioned to new digital systems; lowered loyalty charge-out rates ~5% and enhanced owner reimbursement for redemptions to strengthen owner economics.
Shareholder Returns and Capital Allocation
Commitment to investment-grade rating and to return over $4.5 billion to shareholders in 2026 through buybacks and dividend; full-year investment spending guided to $1.25–$1.35 billion with focus on contract acquisition, tech transformation and renovations.
IT:1MAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed