---
schema_version: "secwatch.filing_event.v1"
accession: "0001524358-26-000006"
form_type: "8-K"
ticker: "VAC"
cik: "0001524358"
company_name: "MARRIOTT VACATIONS WORLDWIDE Corp"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:16:03.361422+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations Q4 net loss $431M on $546M impairment; adj EBITDA $186M

## Summary
- Q4 contract sales $458M; net loss $431M ($12.43 loss per share) includes $546M non-cash impairment charges.
- Q4 adjusted net income $68M; adjusted diluted EPS $1.86; adjusted EBITDA $186M, at high end of guidance.
- Full year 2025: contract sales $1.8B; net loss $308M ($8.84 loss per share); adjusted EBITDA $751M; returned $171M to shareholders.
- Full year 2026 guidance provided; new President/COO Mike Flaskey appointed to drive operational focus.
- Full-year adjusted net income $276M; adjusted diluted EPS $7.16; restructuring and modernization expenses recognized.

## SEC filing metadata
- accession: 0001524358-26-000006
- form_type: 8-K
- ticker: VAC
- cik: 0001524358
- company_name: MARRIOTT VACATIONS WORLDWIDE Corp
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524358/000152435826000006/0001524358-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524358/000152435826000006/vac-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-26-000006
- JSON: https://secwatch.observer/filing/0001524358-26-000006.json
- Plain text: https://secwatch.observer/filing/0001524358-26-000006.txt

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