Expedia Group
Runs consumer travel marketplaces and supplies booking technology and inventory to business partners.
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Profile
Connects travelers with hotels, vacation rentals, flights, cars, and packages through Expedia, Hotels.com, and Vrbo, while supplying inventory and booking technology to other travel sellers. Revenue comes mainly from lodging booked under merchant and agency models, with additional B2B and advertising income.
Connects travelers with hotels, vacation rentals, flights, cars, cruises, activities, and packages through Expedia, Hotels.com, Vrbo, and a wider portfolio of regional booking brands. Merchant bookings, agency commissions, and advertising fund the consumer marketplace, while majority-owned trivago earns referral advertising from hotel metasearch.
Distributes the same travel supply to airlines, financial institutions, retailers, travel agencies, and corporate-travel providers through Rapid APIs, white-label storefronts, co-branded products, and the TAAP agent platform. Shared technology, payments, fraud, search, servicing, and the One Key loyalty program support multiple brands and partner channels across the United States and international markets.
Most revenue comes from lodging. Traffic acquisition relies substantially on search engines, and inventory breadth depends on travel suppliers and global distribution systems.
Company facts
Categories
Key statistics
Year to date +16.4% · Average volume (30d) 1.5M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 25, 2026 | BTIG | Reiterate | Buy | $350 | $400 |
| Aug 24, 2026 | Evercore ISI | Target | $375 | $430 | |
| Aug 20, 2026 | Wedbush | Reiterate | Outperform | $260 | $417 |
| Aug 12, 2026 | UBS | Reiterate | Neutral | $262 | $351 |
| Aug 7, 2026 | BMO Capital | Reiterate | Market Perform | $255 | $285 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | $5.22 | $5.76 | +10.3% | $4.17B | $4.32B | +3.4% | −4.09% |
| May 7, 2026Q1 FY26 | $1.41 | $1.96 | +39.0% | $3.35B | $3.43B | +2.2% | −9.02% |
| Feb 12, 2026Q4 FY25 | $3.35 | $3.78 | +12.8% | $3.42B | $3.55B | +3.8% | −6.41% |
| Nov 6, 2025Q3 FY25 | $6.97 | $7.57 | +8.6% | $4.28B | $4.41B | +3.0% | +17.55% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.99B | $3.79B | $4.41B | $3.55B | $3.43B | $4.32B | |
| Gross profit | $2.63B | $3.41B | $4.04B | $3.20B | $3.05B | $3.91B | |
| Operating income | −$44.0M | $531.0M | $1.13B | $548.0M | $243.0M | $1.03B | |
| Net income | −$200.0M | $330.0M | $959.0M | $205.0M | −$6.0M | $878.0M | |
| Diluted EPS | −$1.56 | $2.48 | $7.33 | $1.60 | −$0.05 | $7.16 | |
| Gross margin | 88.1% | 90.0% | 91.5% | 90.2% | 89.0% | 90.7% | |
| Operating margin | -1.5% | 14.0% | 25.6% | 15.4% | 7.1% | 23.9% |
Fiscal years (4-quarter sums)FY21 $8.60B · FY22 $11.67B · FY23 $12.84B · FY24 $13.69B · FY25 $14.73B
Revenue by product · Q2 FY26
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $7.13B · Total debt $5.69B · Total assets $29.06B · Shareholders' equity $1.21B
Dividends
Last raised to $0.48 from $0.40 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 27, 2026 | Aug 27 | Sep 17 | $0.48 | |
| May 28, 2026 | May 28 | Jun 18 | $0.48 | |
| Mar 5, 2026 | Mar 5 | Mar 26 | $0.48 | raised from $0.40 |
| Nov 19, 2025 | Nov 19 | Dec 11 | $0.40 | |
| Aug 28, 2025 | Aug 28 | Sep 18 | $0.40 | |
| May 29, 2025 | May 29 | Jun 18 | $0.40 | |
| Mar 6, 2025 | Mar 6 | Mar 27 | $0.40 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 114.50M · Float 113.57M · 99.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 10.27M | 8.97% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 7.48M | 6.53% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 5.81M | 5.07% | 13F | Aug 13, 2026 |
| State Street Corp | 5.67M | 4.95% | 13F | Aug 7, 2026 |
| Geode Capital Management, LLC | 3.99M | 3.48% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 24, 2026 | Robert J. Dzielak | officer: Chief Legal Officer & Sec'y | −1,004 | $335.00 |
| Aug 18, 2026 | Lance A. Soliday | officer: SVP & Chief Accounting Officer | −2,810 | $323.65 |
| Aug 17, 2026 | Robert J. Dzielak | officer: Chief Legal Officer & Sec'y | −2,000 | $330.50 |
| Aug 13, 2026 | Craig A. Jacobson | director | −3,133 | $328.52 |
| Aug 11, 2026 | Robert J. Dzielak | officer: Chief Legal Officer & Sec'y | −3,003 | $315.00 |
Peers
- Booking
Global #1 OTA — Booking.com, Priceline, Agoda, Kayak vs Expedia's brands.
- Airbnb
Vacation-rental platform head-to-head with Vrbo for hosts and travelers.
- Alphabet Class A
Google Hotels and Flights intercept travel intent before it reaches OTAs.
- Trip.com Group (ADR)
Asia-Pacific OTA: Trip.com, Ctrip, Skyscanner vs Expedia globally.
- Tripadvisor
Hotel metasearch and Viator experiences platform rivaling Trivago.
- MakeMyTrip
India's dominant OTA with 50%+ market share in flights, hotels, and packages.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Expedia Group | $328.50 | −0.28% | $37.72B | 20.5 | 14.7 | 2.4 | +14.0% |
| Booking | $205.82 | +0.10% | $159.34B | 22.8 | 18.5 | 5.6 | +8.2% |
| Airbnb | $189.63 | +0.10% | $112.43B | 43.2 | 33.6 | 8.5 | +16.5% |
| Alphabet Class A | $346.00 | −0.14% | $4.19T | 17.4 | 25.8 | 9.4 | +24.2% |
| Trip.com Group (ADR) | $45.28 | −0.20% | $29.46B | 6.7 | 11.3 | 2.9 | +23.7% |
| Tripadvisor | $10.00 | +1.36% | $1.15B | 987.0 | 10.0 | 0.6 | −16.5% |
| MakeMyTrip | $59.02 | +0.02% | $5.55B | 178.5 | 44.9 | 5.2 | +10.8% |
| Median | 33.0 | 22.2 | 5.4 | +13.7% |