Expedia Group, Inc.: Beat — EPS $9.39, Revenue $4.94B
Earnings BeatQ3 2026 · After-market
Did Expedia Group, Inc. (EXPE) beat earnings today?
Yes, Expedia Group, Inc. (EXPE) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+5.62% surprise
$9.39Actual
Expected: $8.89
vs. year ago +24.0%
Total Revenue+4.40% surprise
$4.94BActual
Expected: $4.73B
vs. year ago +12.0%
Released Nov 04 · 4:01 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $4.94B | $4.41B | +12.0% |
| Revenue detail — reported lines | |||
| └─Lodging | $3.99B | $3.60B | +11.0% |
| └─Air | $93.00M | $101.00M | -7.0% |
| └─Advertising & Media - EG | $206.00M | $194.00M | +7.0% |
| └─Advertising & Media - trivago | $165.00M | $137.00M | +20.0% |
| └─Other | $483.00M | $376.00M | +28.0% |
| └─U.S. points of sale | $2.85B | $2.54B | +12.0% |
| └─Non-U.S. points of sale | $2.09B | $1.88B | +12.0% |
| └─B2C | $3.06B | $2.88B | +6.0% |
| └─B2B | $1.71B | $1.39B | +23.0% |
| Net Income | $1.03B | $959.00M | +7.0% |
| GAAP Basic EPS | $8.59 | $7.76 | +10.7% |
| GAAP Diluted EPS | $8.42 | $7.33 | +15.0% |
| Adjusted EPS | $9.39 | $7.57 | +24.0% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | FY 2026 Outlook | ||
|---|---|---|---|---|
| Guidance | Expected | Guidance | Expected | |
| Gross Bookings | $27.9-$28.4B (+3.3-5.2% YoY | — | $131.4-$131.9B (+10% YoY, prev. $129.5-$130.8B | — |
| Revenue | $3.69-$3.75B (+4.0-5.7% YoY | $3.74BIn-Line | $16.37-$16.43B (+11-12% YoY, prev. $16.05-$16.22B | $16.22BBeat +1.11% |
| Adjusted EBITDA | $830-$880M | — | — | — |
| Adjusted EBITDA margin expansion | — | — | +1.8-2.0pts (prev. +1.5-1.75pts | — |
Q4 2026 Outlook
- Gross Bookings
- Guidance$27.9-$28.4B(+3.3-5.2% YoYExpected—
- Revenue
- Guidance$3.69-$3.75B(+4.0-5.7% YoYExpected$3.74BIn-Line
- Adjusted EBITDA
- Guidance$830-$880MExpected—
- Adjusted EBITDA margin expansion
- Guidance—Expected—
FY 2026 Outlook
- Gross Bookings
- Guidance$131.4-$131.9B(+10% YoY, prev. $129.5-$130.8BExpected—
- Revenue
- Guidance$16.37-$16.43B(+11-12% YoY, prev. $16.05-$16.22BExpected$16.22BBeat +1.11%
- Adjusted EBITDA
- Guidance—Expected—
- Adjusted EBITDA margin expansion
- Guidance+1.8-2.0pts(prev. +1.5-1.75ptsExpected—
Business Highlights
- ➤Repurchased approximately 2 million shares for $576 million during the third quarter.
- ➤Paid a quarterly dividend of $0.48 per share on September 17, 2026.
- ➤Declared a quarterly dividend of $0.48 per share on November 4, 2026.
- ➤Expedia Group is advancing its one-stop travel platform strategy for B2B partners.
- ➤AI initiatives are enhancing internal productivity and creating new growth sources.
- ➤The marketplace is improving supply across its global platform.
- ➤Expedia Group operates consumer brands including Expedia, Hotels.com, and Vrbo.
- ➤The company connects travelers, partners, and advertisers through technology and first-party data.
- ➤Expedia Group serves travelers in more than 70 countries.
Management Commentary
Ariane Gorin, CEO of Expedia Group
“We exceeded the high end of our guidance in the quarter, reflecting resilient travel demand and strong execution. We continue to deliver traveler value through more personalized and rewarding product experiences, improve supply across our marketplace, and advance our strategy to build the one-stop travel platform for B2B partners. AI is opening further opportunities across our business, enhancing internal productivity and creating new sources of growth. Our progress and the results we delivered demonstrate the differentiation of our platform and reinforce our confidence in our ability to deliver value for all our stakeholders.”