Marriott International (MAR) Cost of Revenue (2010 - 2026)
Marriott International's (MAR) quarterly Cost of Revenue came in at $5.1 billion in Q2 2026, up 4.64% on a YoY basis from $4.9 billion in Q2 2025, and up 3.32% quarter-over-quarter from $4.9 billion in Q1 2026.
Analysis
Marriott International (MAR) Cost of Revenue (2010 - 2026) Analysis & Trends
Marriott International (MAR) has reported Cost of Revenue for 17 consecutive years, with $5.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 4.64% year-over-year to $5.1 billion; the trailing twelve-month figure through Jun 2026 stood at $19.9 billion (up 3.61% YoY), and the FY2025 full-year result was $19.5 billion, up 3.74% from the prior year.
- Cost of Revenue improved to $5.1 billion in Q2 2026 per MAR's latest filing, from $4.9 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $5.2 billion in Q4 2025 and bottomed at $3.2 billion in Q1 2022.
- Historically, Cost of Revenue has averaged $4.5 billion across 5 years, with a median of $4.7 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 73.43% in 2022, then advanced 1.24% in 2025.
- Over 5 years, Cost of Revenue stood at $4.3 billion in 2022, then climbed by 7.7% to $4.7 billion in 2023, then advanced by 6.15% to $5.0 billion in 2024, then increased by 3.94% to $5.2 billion in 2025, then declined by 1.32% to $5.1 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $5.1 billion, $4.9 billion, and $5.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 5.10 Bn |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 266.00 Mn |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | 1.02 Bn |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | 594.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | 767,000.00 |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 26.00 Mn |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 197.67 Mn |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | 20.49 Mn |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | 28.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.10 Bn |
| Mar 31, 2026 | 4.94 Bn |
| Dec 31, 2025 | 5.17 Bn |
| Sep 30, 2025 | 4.74 Bn |
| Jun 30, 2025 | 4.87 Bn |
| Mar 31, 2025 | 4.72 Bn |
| Dec 31, 2024 | 4.97 Bn |
| Sep 30, 2024 | 4.68 Bn |
| Jun 30, 2024 | 4.65 Bn |
| Mar 31, 2024 | 4.50 Bn |
| Dec 31, 2023 | 4.68 Bn |
| Sep 30, 2023 | 4.24 Bn |
| Jun 30, 2023 | 4.37 Bn |
| Mar 31, 2023 | 4.14 Bn |
| Dec 31, 2022 | 4.35 Bn |
| Sep 30, 2022 | 3.79 Bn |
| Jun 30, 2022 | 3.83 Bn |
| Mar 31, 2022 | 3.18 Bn |
| Dec 31, 2021 | 3.32 Bn |
| Sep 30, 2021 | 2.92 Bn |