EXPE · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
Expedia Group, Inc. · 2026-08-06 · Importance 54 · Surprise 40 · No source text
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 increased to $1.493 billion from $1.209 billion in the second quarter. Lodging revenue increased 13% to $3.429 billion in the quarter and $6.039 billion year to date, driven by higher stayed ADRs and hotel room nights. EG Advertising revenue increased 13% to $206 million, trivago advertising revenue increased 48% to $145 million, and all other revenue increased 23% in the quarter, while air revenue declined because revenue per ticket fell and tickets sold decreased 5%.
Key facts
- Gross Bookings for the three months ended June 30, 2026: B2C $23,186 million and B2B $10,742 million, total $33,928 million compared to $21,565 million, $8,844 million and $30,409 million respectively for 2025. source
- Revenue by segment for the three months ended June 30, 2026: B2C $2,677 million and B2B $1,493 million, total revenue $4,315 million compared to $2,479 million, $1,209 million and $3,786 million respectively for 2025. source
- Lodging revenue for the three months ended June 30, 2026 was $3,429 million compared to $3,040 million for the three months ended June 30, 2025, an increase of 13%. source
- Merchant revenue for the three months ended June 30, 2026 was $3,065 million compared to $2,624 million for the three months ended June 30, 2025. source
- Other revenue, which includes insurance, car, cruise and activities, increased 23% and 20% for the three and six months ended June 30, 2026 compared to the same periods in 2025, primarily due to higher insurance and activities revenue. source
- Total gross bookings increased 12% for both the three and six months ended June 30, 2026, compared to the same periods in 2025. source
- Revenue increased 14% for both the three and six months ended June 30, 2026, compared to the same periods in 2025. source
- Average Daily Rates (ADRs) booked for Expedia Group increased 5% in the second quarter of 2026, increased 1% in 2025 and decreased 1% in 2024. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +12.3% | Revenue by segment for the three months ended June 30, 2026: B2C $2,677 million and B2B $1,493 million, total revenue $4,315 million… |