EXPE · Other

Expedia Group, Inc.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

10-Q · 2026-08-06

• Income Tax Rate ChangesImportance 84 · Surprise 100
  The effective tax rate declined to 14.8% in the second quarter of 2026 from 23.9% in the prior-year quarter. For the first six months, the effective tax rate fell to 17.9% from 39.3%, primarily because of nontaxable…
• Liquidity and Debt PositionImportance 79 · Surprise 66
  Cash, cash equivalents, and short-term investments totaled $7.1 billion at June 30, 2026, up from $5.7 billion at December 31, 2025, with $398 million held outside the United States. A new $2.5 billion revolving credit…
• IRS Transfer Pricing AuditsImportance 71 · Surprise 60
  The IRS issued transfer-pricing adjustments involving Expedia Group’s foreign subsidiaries for tax years 2011 through 2018. The proposed federal income-tax exposure is approximately $287 million to $313 million for…
• Operating Income and MarginsImportance 69 · Surprise 64
  Second-quarter 2026 operating income increased to $803 million from $484 million, raising operating margin to 18.6% from 12.8%. Six-month operating income reached $1.051 billion versus $412 million, increasing…
• Operating Cash Flow TrendsImportance 64 · Surprise 56
  Net cash provided by operating activities increased to $5.409 billion in the six months ended June 30, 2026, from $4.073 billion in the prior-year period. The $1.336 billion increase was driven primarily by higher…
• Capital Return ProgramImportance 64 · Surprise 42
  In May 2026, Expedia Group authorized an additional $5 billion share-repurchase program, supplementing the $5 billion program authorized in November 2023. During the six months ended June 30, 2026, the company…
• Revenue Performance and MixImportance 54 · Surprise 40
  Second-quarter 2026 revenue increased 14% year over year to $4.315 billion, while six-month revenue also increased 14% to $7.741 billion. B2C revenue rose to $2.677 billion from $2.479 billion, and B2B revenue…
• Advertising Demand TrendsImportance 52 · Surprise 56
  EG Advertising generated $206 million of advertising revenue in the second quarter of 2026, up 13% year over year, driven by sponsored listings. Trivago generated $145 million of third-party revenue, up 48%, reflecting…
• Interest Rate EnvironmentImportance 52 · Surprise 56
  Expedia Group said inflation and higher interest rates could raise living costs and moderate average daily rates in hotel and alternative-accommodation markets. The company also disclosed $172 million of interest…
• Long-term Debt IssuanceImportance 52 · Surprise 42
  Expedia Group issued $1 billion of registered senior unsecured notes in April 2026 carrying a 5.5% coupon and maturing in April 2036. The notes were issued at 99.384% of par, producing approximately $986 million of net…
• Lodging Marketplace GrowthImportance 49 · Surprise 32
  Lodging represented 79% of Expedia Group’s worldwide revenue in the second quarter of 2026. Room nights booked increased 6%, while Expedia Group ADRs booked increased 5% in the quarter. As of June 30, 2026, the…
• Air Demand and CapacityImportance 45 · Surprise 50
  Events in the Middle East reduced global air capacity and caused a material increase in prices during 2026. Higher prices adversely affected Expedia’s booked air-ticket volume, although the impact on total booked value…
• Operating Expense TrendsImportance 42 · Surprise 40
  Direct selling and marketing expense increased $199 million in the second quarter and $298 million in the first six months of 2026, primarily because of higher B2B partner commissions supporting revenue growth. B2C…
• Headcount / RestructuringImportance 39 · Surprise 50
  Expedia Group recorded $69 million of restructuring and related reorganization charges in the six months ended June 30, 2026, compared with $70 million in the prior-year period. The charges were predominantly for…
• FX / Currency ImpactImportance 38 · Surprise 46
  Foreign-exchange movements reduced Expedia Group’s cash and restricted cash balances denominated in foreign currencies by $36 million during the six months ended June 30, 2026. The decrease reflected net depreciation…
• Competition and New EntrantsImportance 37 · Surprise 42
  Expedia operates in a broad and highly competitive online travel market, with online penetration higher in the United States and Western Europe than in emerging markets such as Latin America and Eastern Europe.…
• Global Tax Regulatory ChangesImportance 37 · Surprise 42
  Expedia Group identified increasing tax-revenue initiatives and more aggressive enforcement by domestic and international tax authorities, including digital services taxes. The company remained subject to tax inquiries…
• One Key Loyalty ProgramImportance 34 · Surprise 42
  Expedia launched One Key in the United States and United Kingdom as a unified loyalty program spanning Brand Expedia, Hotels.com, and Vrbo. Members can earn and redeem rewards across air, hotels, and alternative…
• Alternative Accommodations ExpansionImportance 33 · Surprise 42
  Vrbo specializes in unique whole-home inventory and is primarily focused on North American leisure markets. Expedia transitioned Vrbo from a listings-based classified advertising model to an online transactional model…
• AI Product DevelopmentImportance 31 · Surprise 42
  Expedia is integrating artificial intelligence across its platform, including traveler-facing experiences, customer service operations, and internal processes. The company’s objectives include improving conversion,…
• AI Competition and AdoptionImportance 31 · Surprise 42
  Generative AI tools are increasingly being used by competitors to offer AI-powered travel planning and assistance, intensifying competition in online travel. Expedia Group is integrating AI across traveler-facing…
• Market Demand TrendsImportance 30 · Surprise 40
  Expedia Group reported 12% growth in total gross bookings for both the second quarter and first six months of 2026. B2C growth was driven by sustained momentum in the United States, while B2B gross bookings grew…
• DividendsImportance 29 · Surprise 22
  Expedia Group paid quarterly dividends of $0.48 per share in February and May 2026, compared with $0.40 per share for the corresponding 2025 declarations. The 2026 per-share dividend increased 20% year over year. In…
• Gross Margin DriversImportance 25 · Surprise 32
  Cost of revenue increased $26 million in the second quarter and $46 million in the first six months of 2026 compared with the prior-year periods. Cost of revenue declined as a percentage of revenue to 9.3% in the…
• Distribution Channels and PartnershipsImportance 13 · Surprise 6
  Expedia distributes travel products through B2C brands, B2B partnerships, internet search, metasearch, and social and digital media. The B2B segment serves airlines, offline travel agents, online retailers, corporate…
• Macroeconomic Factors ImpactImportance 13 · Surprise 24
  Global macroeconomic and geopolitical pressures, including trade disruptions, currency fluctuations and energy-price volatility, affected Expedia Group’s travel-industry environment in 2026. Events in the Middle East…

News · 2026-08-06

• Net Income and ProfitabilityImportance 51 · Surprise 64
  GAAP net income increased 166% year over year in the second quarter of 2026, while adjusted net income rose 29%. Adjusted EPS reached $5.76, up from $4.24 a year earlier and above the $5.45 Zacks consensus estimate.…

8-K · 2026-08-05

• Guidance and OutlookImportance 80 · Surprise 68
  Expedia Group raised its full-year 2026 gross bookings outlook from $127–$129 billion, or 6%–8% growth, to $129.5–$130.8 billion, or 8%–9% growth. Full-year revenue guidance increased from $15.6–$16.0 billion to…
• Distribution ChannelsImportance 65 · Surprise 48
  The B2B channel materially outpaced consumer distribution in Q2 2026, with gross bookings up 21% to $10.7 billion and revenue up 23% to $1.5 billion. B2C gross bookings increased 8% to $23.2 billion, while B2C revenue…
• Operating Income and MarginsImportance 62 · Surprise 46
  Second-quarter operating income increased 65% year over year to $800 million from $485 million, and GAAP net income attributable to Expedia Group increased 166% to $878 million. Adjusted EBITDA increased 23% to $1,119…
• Free Cash FlowImportance 59 · Surprise 38
  Second-quarter net cash provided by operating activities increased 32% year over year to $1,478 million from $1,121 million. Second-quarter free cash flow increased 39% to $1,279 million from $921 million after $199…
• Capital Return ProgramImportance 57 · Surprise 50
  Expedia Group repurchased approximately 880 thousand shares for $200 million during the second quarter of 2026. Six-month purchases of treasury stock totaled $1,058 million, compared with $1,072 million in the first…
• Liquidity and Debt PositionImportance 57 · Surprise 38
  At June 30, 2026, Expedia Group held $6,682 million of cash and cash equivalents, $2,402 million of restricted cash and cash equivalents, and $445 million of short-term investments. Total cash, cash equivalents and…
• Geographic Market CommentaryImportance 54 · Surprise 40
  Revenue from non-U.S. points of sale grew 18% year over year to $1.7 billion in Q2 2026, outpacing U.S. points-of-sale revenue growth of 12% to $2.6 billion. Non-U.S. points of sale represented approximately 40% of…
• Headcount / RestructuringImportance 53 · Surprise 82
  Second-quarter restructuring and related reorganization charges declined to $13 million from $44 million year over year. Excluding stock-based compensation, restructuring charges were $11 million in the quarter versus…
• Income Tax Rate ChangesImportance 52 · Surprise 56
  The reported provision for income taxes increased to $152 million in the second quarter of 2026 from $101 million in the prior-year quarter. Expedia Group used a 20.0% total adjusted income tax rate in the second…
• FX / Currency ImpactImportance 51 · Surprise 64
  Foreign exchange effects were material to Expedia Group’s reported results, with $185 million of realized losses on foreign-currency forwards recorded in the first six months of 2026, compared with a $160 million…
• Revenue Performance and MixImportance 47 · Surprise 22
  Second-quarter 2026 revenue increased 14% year over year to $4,315 million from $3,786 million, while gross bookings increased 12% to $33,928 million. B2B revenue grew 23% to $1,493 million, compared with 8% growth to…
• Operating Expense TrendsImportance 47 · Surprise 22
  Second-quarter direct selling and marketing expense increased 10% year over year to $2,119 million, including a 22% increase in B2B direct selling and marketing expense to $915 million. Indirect selling and marketing…
• Market Demand TrendsImportance 47 · Surprise 22
  Expedia Group’s Q2 2026 demand increased, with booked room nights up 6% year over year to 111.5 million and total gross bookings up 12% to $33.9 billion. Lodging gross bookings rose 11% to $24.6 billion, while…
• Products and TechnologyImportance 47 · Surprise 22
  Lodging remained Expedia Group’s largest product category, generating $24.6 billion of gross bookings and $3.4 billion of revenue in Q2 2026, up 11% and 13%, respectively. Advertising and media revenue increased 13%…

News · 2026-08-05

• Guidance / OutlookImportance 62 · Surprise 68
  Expedia raised its full-year 2026 revenue outlook to $16.05 billion-$16.22 billion from $15.6 billion-$16.0 billion. The revised range implies 9%-10% annual revenue growth, compared with the prior 6%-9% forecast.…
• Net Income and ProfitabilityImportance 51 · Surprise 64
  GAAP net income increased 166% year over year in the second quarter of 2026, while adjusted net income rose 29%. Adjusted EPS reached $5.76, up from $4.24 a year earlier and above the $5.45 Zacks consensus estimate.…
• Revenue Performance and MixImportance 42 · Surprise 40
  Expedia Group’s second-quarter 2026 revenue increased 14% year over year to approximately $4.32 billion, exceeding the $4.17 billion FactSet estimate. B2B revenue grew 23%, while total gross bookings increased 12%,…
• B2B Channel GrowthImportance 41 · Surprise 48
  Expedia Group's B2B gross bookings grew 21% year over year in the second quarter, materially outpacing 8% growth in B2C gross bookings. B2B revenue increased 23%, making the channel the primary driver of reported…
• Market Demand TrendsImportance 30 · Surprise 40
  Expedia Group reported that booked room nights grew 6% year over year in the second quarter of 2026. Total gross bookings increased 12%, including 11% growth in lodging gross bookings, indicating sustained demand for…
• Dividend DeclarationImportance 13 · Surprise 6
  Expedia Group declared a quarterly cash dividend of $0.48 per outstanding common share. The dividend is payable on September 17, 2026. Shareholders of record at the close of business on August 27, 2026, will receive…

News · 2026-08-04

• Net Income and ProfitabilityImportance 51 · Surprise 64
  GAAP net income increased 166% year over year in the second quarter of 2026, while adjusted net income rose 29%. Adjusted EPS reached $5.76, up from $4.24 a year earlier and above the $5.45 Zacks consensus estimate.…
• Acquisition / Partnership / DivestitureImportance 31 · Surprise 42
  Expedia Group acquired Layla, an AI-native conversational travel-planning platform, in August 2026. The transaction is intended to accelerate Expedia’s AI-powered trip-planning and booking strategy. Layla’s…