$EXPE · Expedia Group, Inc.
Expedia Group reported Q3 FY2026 results (quarter ended Sept 30, 2026) via 8-K Item 2.02/7.01. Revenue rose 12% YoY to $4.938B, gross bookings grew 11% to $34.008B, and adjusted EPS rose 24% to $9.39 (GAAP diluted EPS $8.42, +15%). Adjusted EBITDA grew 17% to $1.689B with 135bps margin expansion. The company raised full-year 2026 guidance to revenue $16.37–$16.43B (+11–12%) and adjusted EBITDA margin expansion of +1.8–2.0pts. It also declared a $0.48/share quarterly dividend payable Dec 10, 2026.
- Revenue $4.938B, +12% YoY; gross bookings $34.008B, +11% YoY.
- Adjusted EPS $9.39 (+24%); GAAP diluted EPS $8.42 (+15%).
- Adjusted EBITDA $1.689B (+17%) with 135bps margin expansion to 34.2%.
- Full-year revenue guidance raised to $16.37–$16.43B (+11–12%).
- Declared $0.48/share quarterly dividend; repurchased ~2M shares for $576M in Q3.
Extended-hours last trade $294.35, down 6.82% vs regular close and 6.74% vs price-at-filing, despite the beat and guidance raise — suggesting profit-taking or guidance concerns after a +10.54% regular-session run to $315.88.
Expedia beat and raised full-year guidance, yet shares fell ~7% after-hours — a notable divergence worth flagging for investors.
B2B gross bookings (+19%) and revenue (+23%) are the standout growth engine, outpacing B2C (+7%/+6%), consistent with Expedia's one-stop B2B platform strategy.
Q3 free cash flow was negative $1.399B (vs -$686M a year ago) and operating cash flow -$1.157B, driven by working capital seasonality. Forward-looking statements carry standard travel-demand, FX, and macro risks.