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Expedia Group — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue grew 12% y/y to $4,938 million, while Adjusted Net Income and Adjusted EBITDA rose 19% and 17% y/y to $1,148 million and $1,689 million, respectively.
  • Full-year 2026 guidance was raised across all key metrics: Gross Bookings to $131.4–$131.9 billion (10% growth), Revenue to $16.37–$16.43 billion (11–12% growth), and Adjusted EBITDA margin expansion to +1.8–2.0 percentage points.
  • Capital return activity included $576 million in share repurchases and a declared quarterly dividend of $0.48 per share.
  • Strategic focus remains on expanding the B2B one-stop platform and leveraging AI for productivity, supported by resilient travel demand and strong B2B revenue growth of 23% y/y.
Company
EXPEDIA GROUP INC
Sector
Consumer Cyclical
Industry
Travel Services