SHARPE
Reported results
- Third quarter 2026 GAAP net income was $58 million, or $1.28 per diluted share, compared to $180 million, or $3.86 per diluted share, in third quarter 2025.
- Third quarter 2026 non-GAAP adjusted EBITDA was $193 million, compared to $190 million in the prior-year period.
- Third quarter 2026 non-GAAP adjusted diluted EPS increased 11% to $2.33, compared to $2.10 in third quarter 2025.
- GAAP total revenues reached $458 million for the third quarter of 2026, compared to $447 million for the third quarter of 2025.
- Franchise and management fees increased 5% to $204 million in the third quarter of 2026 compared to the third quarter of 2025.
Guidance
- For full-year 2026, net income is expected to be between $178 million and $185 million.
- For full-year 2026, diluted EPS is expected to be between $3.92 and $4.07.
- For full-year 2026, non-GAAP adjusted net income is expected to be between $315 million and $322 million.
- For full-year 2026, non-GAAP adjusted EBITDA is expected to be between $641 million and $651 million.
- For full-year 2026, non-GAAP adjusted diluted EPS is expected to be between $6.92 and $7.07.
- Full-year 2026 U.S. RevPAR growth is projected to be 1.5% to 2.5%.
Price and volatility reaction
The stock moved +6.7% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -3.8 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 111.16 | 2026-10-30 |
| Close after release | 118.61 | 2026-11-02 |
| Realised move | +6.7% | close to close |
| 30d ATM IV change | -3.8 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-02 (8-K, Item 2.02). Read the original filing on sec.gov.