EXPE · 10-Q · 2026Q3 · Full report

Advertising Demand Trends

Expedia Group, Inc. · 2026-11-05 · Importance 52 · Surprise 56 · No source text

Third-quarter EG Advertising revenue was $206 million, up 7% year over year, while trivago third-party revenue was $165 million, up 20%. For the first nine months of 2026, EG Advertising revenue rose 11% and trivago Advertising revenue rose 36%. EG Advertising growth came from sponsored listings and display, while trivago’s growth reflected its strategic focus on rebuilding its brand.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized+0.6%Expedia Group generated $165 million of third-party revenue from trivago in Q3 2026, up 20% from Q3 2025.
revenuepositiverealized—trivago Advertising revenue increased 20% and 36% for the three and nine months ended September 30, 2026, respectively, driven by its…