MAR · 10-Q · 2026Q3 · Full report

Segment Profitability

MARRIOTT INTERNATIONAL INC /MD/ · 2026-11-02 · Importance 26 · Surprise 24

U.S. & Canada segment profit increased in the third quarter and first three quarters of 2026 compared with the corresponding 2025 periods. Higher segment net fee revenues supported the increase, while lower cost reimbursement revenue, net of reimbursed expenses, reduced profit by $24 million in the quarter and $133 million year to date. Year-to-date segment profit also reflected impairment charges discussed in Note 7.

Key facts

• Marriott's U.S. & Canada segment profit increased in the 2026 third quarter and first three quarters, primarily due to higher segment net fee revenues, partially offset by lower cost reimbursement revenue, net of reimbursed expenses, of $24 million and $133 million, respectively. source
• Marriott's U.S. & Canada segment profit in the 2026 first three quarters also reflected impairment charges discussed in Note 7. source