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
- Q3 2026 Gross Bookings guidance: $32.2 - $32.8 billion, representing +5 to +7% year-over-year source
- Q3 2026 Revenue guidance: $4.65 - $4.75 billion, representing +5 to +8% year-over-year source
- Full Year 2026 previous Gross Bookings guidance: $127 - $129 billion (+6 - 8%); current Gross Bookings guidance updated to $129.5 - $130.8 billion (+8 - 9%) source
- Full Year 2026 previous Revenue guidance: $15.6 - $16.0 billion (+6 - 9%); current Revenue guidance updated to $16.05 - $16.22 billion (+9 - 10%) source
- Adjusted EBITDA guidance for Q3 2026: $1.51 - $1.56 billion source
- Full Year 2026 Adjusted EBITDA margin expansion guidance increased from +1 - 1.25 points to +1.5 - 1.75 points source
- Conference call/webcast scheduled to discuss Q2 2026 results on August 5, 2026 at 1:30 p.m. Pacific Time and the earnings presentation will be available at approximately 1:00 p.m. PT source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| margin | positive | probable | +0.8% | Full Year 2026 Adjusted EBITDA margin expansion guidance increased from +1 - 1.25 points to +1.5 - 1.75 points |
| revenue | positive | probable | — | Q3 2026 Revenue guidance: $4.65 - $4.75 billion, representing +5 to +8% year-over-year |
| revenue | positive | probable | — | Full Year 2026 previous Revenue guidance: $15.6 - $16.0 billion (+6 - 9%); current Revenue guidance updated to $16.05 - $16.22 billion (+9… |