Direct Answer
Hilton Worldwide reports revenue across 6 product and service lines in its fiscal 2025 Form 10-K. Reimbursement Revenue is the largest, with $7.1 billion of revenue (59% of the total), followed by Franchiseandlicensingfees at $2.8 billion (23%).
How Does Hilton Worldwide Make Money?
No single line supplies a majority of revenue: the largest, Reimbursement Revenue, is 59%, which spreads Hilton Worldwide's exposure across several demand drivers. Between fiscal 2024 and 2025, Reimbursement Revenue grew fastest (+10.2%) and Ownership slowest (-1.8%), so the revenue mix tilts toward Reimbursement Revenue while that gap lasts.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Reimbursement Revenue | $7.1 billion | $6.4 billion | 58.9% | 10.2% |
| Franchiseandlicensingfees | $2.8 billion | $2.6 billion | 23.1% | 6.9% |
| Ownership | $1.2 billion | $1.3 billion | 10.2% | -1.8% |
| Management Service Base | $376 million | $369 million | 3.1% | 1.9% |
| Management Service Incentive | $313 million | $290 million | 2.6% | 7.9% |
| Hotel Other | $252 million | $232 million | 2.1% | 8.6% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Hilton Worldwide's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Hilton Worldwide reported in the segment note and revenue disclosures of its Form 10-K filed February 11, 2026 (accession 0001585689-26-000007), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Hilton Worldwide's main products and services?
In its fiscal 2025 Form 10-K, Hilton Worldwide reports revenue for Reimbursement Revenue, Franchiseandlicensingfees, Ownership, Management Service Base, Management Service Incentive and Hotel Other.
Which part of Hilton Worldwide brings in the most revenue?
Reimbursement Revenue, with $7.1 billion of revenue in fiscal 2025, or 59% of the total.
Where does Hilton Worldwide report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 11, 2026, alongside management's discussion of each segment's results.