Earnings summaries and quarterly performance for Expedia Group.
Executive leadership at Expedia Group.
Board of directors at Expedia Group.
Av
Alex von Furstenberg
Detailed
Director
AW
Alexandr Wang
Detailed
Director
BA
Beverly Anderson
Detailed
Director
CC
Chelsea Clinton
Detailed
Director
CJ
Craig Jacobson
Detailed
Director
DK
Dara Khosrowshahi
Detailed
Director
HD
Henrique Dubugras
Detailed
Director
MM
M. Moina Banerjee
Detailed
Director
PM
Patricia Menendez Cambo
Detailed
Director
Research analysts who have asked questions during Expedia Group earnings calls.
Conor Cunningham
Melius Research
8 questions for EXPE
Also covers: AAL, ABNB, ALGT +16 more
Deepak Mathivanan
Cantor Fitzgerald
8 questions for EXPE
Also covers: ABNB, CART, DASH +9 more
JK
Jed Kelly
Oppenheimer & Co. Inc.
8 questions for EXPE
Also covers: ABNB, BKNG, CARG +12 more
Lee Horowitz
Deutsche Bank
8 questions for EXPE
Also covers: ABNB, BKNG, CART +6 more
Naved Khan
B. Riley Securities
8 questions for EXPE
Also covers: ABNB, ACVA, BKNG +14 more
Eric Sheridan
Goldman Sachs
6 questions for EXPE
Also covers: ABNB, ACVA, AMZN +47 more
Mark Mahaney
Evercore ISI
6 questions for EXPE
Also covers: ABNB, AMZN, BKNG +23 more
TY
Trevor Young
Barclays
5 questions for EXPE
Also covers: ABNB, ALV, BKNG +14 more
AP
Anthony Post
BofA Securities
3 questions for EXPE
JP
Justin Post
Bank of America Corporation
3 questions for EXPE
Also covers: ABNB, AMZN, BKNG +10 more
DL
Dae Lee
JPMorgan Chase & Co.
2 questions for EXPE
Also covers: BKNG, COMP, EB +7 more
J
Jacob
TD Cowen
2 questions for EXPE
Also covers: ARVN, VLRS
KG
Ken Gawrelski
Wells Fargo
2 questions for EXPE
Also covers: ABNB, DASH, ETSY +6 more
Kenneth Gawrelski
Wells Fargo & Company
2 questions for EXPE
Also covers: ABNB, BKNG, CART +12 more
Kevin Kopelman
TD Cowen
2 questions for EXPE
Also covers: ABNB, BKNG, DESP +3 more
Tom Champion
Piper Sandler Companies
2 questions for EXPE
Also covers: DESP, EBAY, NFLX +3 more
Austin Riddick
Evercore ISI
1 question for EXPE
Also covers: DIBS
DA
Douglas Anmuth
JPMorgan Chase & Co.
1 question for EXPE
Also covers: ABNB, AMZN, BKNG +17 more
JI
Jacob Inn
TD Securities
1 question for EXPE
Jacob Stephan
Lake Street Capital Markets, LLC
1 question for EXPE
Also covers: ALKT, ARLO, CDLX +16 more
KK
Kevin Koppelman
TD Securities
1 question for EXPE
Thomas Champion
Piper Sandler
1 question for EXPE
Also covers: ANGI, EBAY, IAC +7 more
Recent press releases and 8-K filings for EXPE.
Expedia Group beats Q4 estimates, issues 2026 guidance
EXPE
Earnings
Guidance Update
Share Buyback
- Expedia Group beat Q4 expectations, with adjusted EPS of $3.78, gross bookings up 11% to $27.0 billion, and adjusted EBITDA of $848 million, expanding margins to 23.9%.
- B2B bookings climbed 24%, while consumer-facing bookings rose 5% and room nights increased 9% on strong U.S. and international demand.
- Returned capital via a 20% dividend increase to $0.48 per share and $1.7 billion in share repurchases (approx. 9 million shares) during 2025.
- Guided Q1 adjusted core profit margin to expand by 3–4 percentage points, but full-year margin improvement of only 1–1.25 pp, and projected 2026 gross bookings above consensus.
- On a GAAP basis, net income fell about 31%, and a third-party screen flagged an Altman Z-Score of 1.46, indicating potential balance-sheet distress.
Feb 12, 2026, 11:30 PM
Expedia Group reports Q4 2025 results
EXPE
Earnings
Guidance Update
Share Buyback
- Expedia delivered 11% year-over-year growth in gross bookings and revenue, with fourth-quarter adjusted EBITDA rising to $848 million and margin expanding by nearly 400 basis points to 24%, while adjusted EPS increased 58% to $3.78.
- B2C gross bookings reached $18.3 billion (+5%) and revenue $2.2 billion (+4%), driving a B2C EBITDA margin of 31.5% (+600 bps), while B2B gross bookings grew 24% to $8.7 billion with revenue of $1.3 billion and EBITDA margin of 24% (–100 bps).
- The company ended Q4 with $5.7 billion of unrestricted cash, generated $3.1 billion of free cash flow in 2025, repurchased $255 million of shares, and raised its quarterly dividend by 20% to $0.48 per share.
- For 2026, Expedia expects Q1 gross bookings growth of 10–12% (revenue 11–13%) and full-year gross bookings growth of 6–8% (revenue 6–9%), with EBITDA margin expansion of 300–400 bps in Q1 and 100–125 bps for the full year.
Feb 12, 2026, 9:30 PM
Expedia Group reports Q4 2025 results
EXPE
Earnings
Guidance Update
Share Buyback
- Q4 2025 gross bookings and revenue both grew 11%, reaching $27 B and $3.5 B, respectively; booked room nights increased 9%, and adjusted EBITDA was $848 M with a 24% margin, up 4 points year-over-year
- B2C gross bookings were $18.3 B (+5%) and revenue $2.2 B (+4%), with EBITDA margin up ~6 points to 31.5%; B2B gross bookings were $8.7 B (+24%), revenue $1.3 B (+24%), with margin modestly down to 24%
- The company ended Q4 with $5.7 B in cash & short-term investments, generated $3.1 B in free cash flow in FY 2025, repurchased $255 M of stock in Q4 (1.1 M shares), and raised its quarterly dividend 20% to $0.48 per share
- For Q1 2026, Expedia expects gross bookings growth of 10–12%, revenue growth of 11–13%, and EBITDA margin expansion of 3–4 points; FY 2026 guidance is for 6–8% bookings growth, 6–9% revenue growth, and 100–125 bps of margin expansion
Feb 12, 2026, 9:30 PM
Expedia Group reports Q4 2025 results
EXPE
Earnings
Guidance Update
Share Buyback
- Gross bookings rose 11% to $27 billion and revenue increased 11% to $3.5 billion; adjusted EBITDA was $848 million with a 24% margin, and adjusted EPS of $3.78 (+58%).
- B2C gross bookings grew 5% with a 31.5% EBITDA margin (+6 pts); B2B gross bookings climbed 24% to $8.7 billion with a 24% EBITDA margin.
- Free cash flow for 2025 was $3.1 billion; Q4 share repurchases totaled $255 million (1.1 million shares), and the quarterly dividend was raised 20% to $0.48 per share.
- 2026 outlook: Q1 gross bookings growth of 10–12%, revenue 11–13% (FX tailwind ~3–4 pts), EBITDA margin up 3–4 pts; full-year bookings 6–8%, revenue 6–9%, margin expansion of 100–125 bps.
Feb 12, 2026, 9:30 PM
Expedia Group reports Q4 2025 earnings
EXPE
Earnings
Guidance Update
- Expedia Group delivered $3.5 B in Q4 2025 revenue (+11% y/y) and $27.0 B in gross bookings (+11% y/y), with 94 M room nights booked (+9% y/y).
- Adjusted EBITDA reached $848 M (+32% y/y), with an Adjusted EBITDA margin of 23.9% (+368 bps y/y), and Adjusted EPS of $3.78 (+58% y/y).
- Trailing 12-month free cash flow was $3.1 B, and cash & short-term investments totaled $5.7 B as of December 31, 2025.
- Q1 2026 guidance calls for $34.6–35.2 B in gross bookings (+10–12% y/y), $3.32–3.37 B in revenue (+11–13% y/y), and 3–4 pts of Adjusted EBITDA margin expansion; full-year 2026 gross bookings of $127–129 B (+6–8% y/y) and revenue of $15.6–16.0 B (+6–9% y/y).
Feb 12, 2026, 9:30 PM
Expedia Group reports Q4 and full year 2025 results
EXPE
Earnings
Guidance Update
Dividends
- Gross bookings and revenue both grew 11% year-over-year in Q4 and 8% for the full year 2025.
- Q4 Adjusted EBITDA rose 32% to $848 M, with margin expanding 368 bps to 23.9%, and adjusted net income grew 52%.
- Ended 2025 with $5.7 B of unrestricted cash; repurchased ~9 M shares for $1.7 B and raised the quarterly dividend 20% to $0.48 per share.
- 2026 outlook: Q1 gross bookings of $34.6–$35.2 B (+10–12%), full-year $127–$129 B (+6–8%); Q1 revenue of $3.32–$3.37 B (+11–13%), full-year $15.6–$16.0 B (+6–9%); and adjusted EBITDA margin expansion of 3–4 pts in Q1 and 1–1.25 pts for full year.
Feb 12, 2026, 9:01 PM
Expedia Group reports Q4 and full-year 2025 results
EXPE
Earnings
Guidance Update
Share Buyback
- Gross bookings and revenue both grew 11% y/y in Q4 and 8% for full-year 2025; booked room nights rose 9% in Q4, driven by international and U.S. strength.
- Adjusted EBITDA climbed 32% y/y to $848 M in Q4, with margin expanding 368 bps to 23.9%, while GAAP net income declined 31% to $205 M.
- Ended 2025 with $5.7 B of unrestricted cash, repurchased 9 M shares for $1.7 B, and raised the quarterly dividend 20% to $0.48 per share.
- 2026 outlook: Q1 gross bookings of $34.6–$35.2 B (+10–12%) and revenue of $3.32–$3.37 B (+11–13%); full-year bookings $127–$129 B (+6–8%) and revenue $15.6–$16.0 B (+6–9%).
Feb 12, 2026, 9:01 PM
Expedia Group expands exclusive BNPL partnership with Affirm
EXPE
Product Launch
New Projects/Investments
- Expedia Group and Affirm have entered an expanded, multi-year agreement making Affirm the exclusive Buy Now, Pay Later provider for lodging and packages on Expedia, Hotels.com, and Vrbo in the US, with availability in Canada coming soon.
- US travelers can choose from custom monthly payment plans up to 24 months, including 0% APR on three- and six-month options, with no compounding interest or late fees.
- The partnership is designed to embed flexible payment options into AI-driven booking experiences and to boost overall sales, average order value, and customer acquisition.
Jan 30, 2026, 2:00 PM
Expedia to acquire Tiqets
EXPE
M&A
- Expedia Group will acquire Amsterdam-based Tiqets, integrating a platform with 2,500 attraction partners in a deal expected to close in Q1 2026.
- The transaction folds Tiqets’ offerings into Expedia’s expanded APIs, strengthening its activities and experiences suite for end-to-end trip solutions.
- The deal builds on recent B2B momentum—an 18% rise in the B2B sector and 26% growth in B2B bookings—and advances global expansion, loyalty ecosystem, and fintech priorities.
Dec 10, 2025, 2:32 PM
Klarna launches Apple Pay in France and Italy
EXPE
Product Launch
- Klarna’s flexible payment product is now available via Apple Pay in France and Italy, bringing the service to 8 markets including the U.S., U.K., Canada, Denmark, Spain, Sweden and more.
- Eligible customers can split purchases into three monthly interest-free installments or defer payment up to 30 days, with longer-term financing options at competitive rates starting at 0% APR.
- Klarna serves over 114 million active consumers worldwide with 3.4 million daily transactions, and counts more than 850,000 merchants—including Expedia Group—among its partners.
Dec 10, 2025, 1:15 AM
Quarterly earnings call transcripts for Expedia Group.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more