---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-26-000024"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:51:36.578792+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Travel + Leisure Q1 adjusted EPS $1.45, up 31% YoY; reaffirms FY Adj. EBITDA guidance

## Summary
- Net revenue $961M; net income $79M ($1.22 diluted EPS); adjusted diluted EPS $1.45.
- Adjusted EBITDA $225M (+11% YoY); Vacation Ownership segment Adj. EBITDA $191M (+20% YoY).
- Gross VOI sales $549M (+7% YoY) on 5% more tours; VPG $3,321 (+3% YoY).
- Q2 2026 guidance: Adj. EBITDA $260M-$270M; reaffirms full-year Adj. EBITDA $1.03B-$1.055B.
- Returned $128M to shareholders ($41M dividends, $87M buybacks); inventory write-downs $19M from resort optimization.

## SEC filing metadata
- accession: 0001361658-26-000024
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165826000024/0001361658-26-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165826000024/wyn-20260422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-26-000024
- JSON: https://secwatch.observer/filing/0001361658-26-000024.json
- Plain text: https://secwatch.observer/filing/0001361658-26-000024.txt

## Key facts
- Earnings Releases
  Travel & Leisure Co. reported the three months ended March 31, 2026 results: revenue $961 million, net income $79 million (diluted earnings per share of $1.22). Guidance reaffirmed.
  - Period: the three months ended March 31, 2026
  - Revenue: $961 million
  - Net income: $79 million (diluted earnings per share of $1.22)
  - Guidance: reaffirmed
  - Result: reported results
  source text: a leading leisure travel company, today reported first quarter 2026 financial results for the three months ended March 31, 2026. Highlights and outlook include: • Net revenue of $961 million. Gross VOI sales of $549 million, up 7% year-over-year • Net income of $79 million (diluted earnings per share of $1.22) • Adjusted EBITDA of $225 million and Adjusted diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361658/000136165826000024/0001361658-26-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.