Travel Leisure | 8-K: FY2025 Q2 Revenue Beats Estimate at USD 1.018 B

Revenue: As of FY2025 Q2, the actual value is USD 1.018 B, beating the estimate of USD 1.009 B.

EPS: As of FY2025 Q2, the actual value is USD 1.62, missing the estimate of USD 1.65.

EBIT: As of FY2025 Q2, the actual value is USD 250 M.

Vacation Ownership Segment

• Revenue: $853 million, a 6% increase year-over-year.
• Adjusted EBITDA: $218 million, a 6% increase year-over-year.
• Net VOI Sales: $474 million, a 7% increase year-over-year.
• Gross VOI Sales: $654 million, an 8% increase year-over-year.
• Volume Per Guest (VPG): $3,251, a 7% increase year-over-year.

Travel and Membership Segment

• Revenue: $166 million, a 6% decrease year-over-year.
• Adjusted EBITDA: $55 million, an 11% decrease year-over-year.

Cash Flow

• Net Cash Provided by Operating Activities: $353 million for the six months ended June 30, 2025, compared to $221 million in the prior year period.
• Adjusted Free Cash Flow: $123 million for the six months ended June 30, 2025, compared to $112 million in the same period of 2024.

Outlook

• Third Quarter 2025 Guidance: Adjusted EBITDA of $250 million to $260 million; Gross VOI sales of $650 million to $680 million; VPG of $3,200 to $3,250.
• Full Year 2025 Guidance: Adjusted EBITDA of $955 million to $985 million; Gross VOI sales of $2.4 billion to $2.5 billion; VPG of $3,200 to $3,250.