EXPE · 8-K · 20260805PR000051

Guidance and Outlook

Expedia Group, Inc. · 2026-08-05 · Importance 80 · Surprise 68 · No source text

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 $16.05–$16.22 billion, raising expected growth from 6%–9% to 9%–10%. Management also increased expected adjusted EBITDA margin expansion from 1.0–1.25 points to 1.5–1.75 points, while forecasting third-quarter gross bookings of $32.2–$32.8 billion and revenue of $4.65–$4.75 billion.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
marginpositiveprobable+0.8%Full Year 2026 Adjusted EBITDA margin expansion guidance increased from +1 - 1.25 points to +1.5 - 1.75 points
revenuepositiveprobableQ3 2026 Revenue guidance: $4.65 - $4.75 billion, representing +5 to +8% year-over-year
revenuepositiveprobableFull Year 2026 previous Revenue guidance: $15.6 - $16.0 billion (+6 - 9%); current Revenue guidance updated to $16.05 - $16.22 billion (+9…