Marriott International Q3 FY25: where the revenue came from and where it went
The whole income statement of Marriott International for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Nov 4, 2025
Revenue$6.49B
+4% year over year
Gross profit$1.41B
22% margin
Operating profit$1.18B
18% margin
Net profit$0.73B
11% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.49 | 100% | +4% |
| Reimbursements | 4.76 | 73% | +3% |
| Fee service | 1.31 | 20% | +4% |
| Owned leased & other | 0.42 | 7% | +10% |
| Cost of revenue | −5.08 | 78% | |
| Gross profit | 1.41 | 22% margin | +2pp |
| G&A | −0.23 | 4% | −1pp |
| Operating profit | 1.18 | 18% margin | +3pp |
| Interest & other costs | −0.19 | ||
| Tax | −0.27 | ||
| Net profit | 0.73 | 11% margin | +2pp |
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