How Hilton Worldwide Holdings makes money

Period

FY2025

How does Hilton Worldwide Holdings make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Hilton Worldwide Holdings Inc. Common Stock · FY2025 · year ended 2025-12-31

Revenue$12.0BGross profit$12.0B · 100%Cost of revenue$0 · 0%Operating income$2.7B · 22%Operating expenses$9.3B · 78%SG&A$393M · 3%Other opex$9.0B · 74%Pre-tax income$2.1B · 17%Other expense$625M · 5%Net income$1.5B · 12%Income tax$611M · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.