EXPE · 8-K · 20260805PR000051

FX / Currency Impact

Expedia Group, Inc. · 2026-08-05 · Importance 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 realized gain in the prior-year period. The company also reported a $31 million foreign-exchange loss on cash, restricted cash and short-term investments, versus a $137 million gain in the first six months of 2025. Expedia stated that foreign-exchange gains or losses could not be reasonably forecast in its adjusted EBITDA margin outlook, indicating ongoing currency uncertainty in 2026.

Key facts

• Realized (gain) loss on foreign currency forwards, net for six months ended June 30, 2026: $185 million (recorded as a positive 185 in adjustments) source
• Foreign exchange (gain) loss on cash, restricted cash and short-term investments for six months ended June 30, 2026: $31 million (gain recorded as positive 31 in adjustments) source