EXPE · 8-K · 20260805PR000051
Income Tax Rate Changes
Expedia Group, Inc. · 2026-08-05 · Importance 52 · Surprise 56 · In source text
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 quarter of 2026, compared with 21.5% in the second quarter of 2025. The adjusted tax rate change reduced the tax rate applied to adjusted pretax income by 1.5 percentage points. For the six months ended June 30, adjusted income tax expense was $236 million at a 20.0% rate, versus $164 million at a 21.5% rate in the prior-year period.
Key facts
- Company adjusted its long-term projected tax rate to 20.0% to consider the net effect of U.S. tax law enacted in the third quarter of 2025 source
- GAAP provision for income taxes in Q2 2026: $(152) million; provision for income taxes for adjustments in Q2 2026: $(24) million; total adjusted provision for income taxes: $(176) million; total adjusted income tax rate: 20.0% source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | committed | — | Company adjusted its long-term projected tax rate to 20.0% to consider the net effect of U.S. tax law enacted in the third quarter of 2025 |