Expedia Group (NASDAQ:EXPE) Posts Earnings Results

Expedia Group (NASDAQ:EXPE) announced its quarterly earnings results on Wednesday. The online travel company reported $9.39 earnings per share for the quarter, beating analysts’ consensus estimates of $8.85 by $0.54, FiscalAI reports. The company had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.73 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. Expedia Group’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter last year, the business earned $7.57 EPS.

Here are the key takeaways from Expedia Group’s conference call:

• Expedia reported a strong third quarter, with gross bookings up 11%, revenue up 12%, and adjusted EBITDA margin expanding more than one percentage point. The company raised its full-year bookings and revenue outlook and now expects 180–200 basis points of adjusted EBITDA margin expansion.
• Management expects Q4 growth to moderate: gross bookings are forecast to rise 3.3%–5.2% and revenue 4%–5.7%, with adjusted EBITDA margin of 22.5%–23.5%. The outlook reflects softer demand, geopolitical disruptions, lapping prior-year B2B promotions, and the fall sale shifting into Q3.
• B2B bookings grew 19%, with double-digit growth across regions, and the company cited opportunities to expand with existing partners and add services such as car rentals and activities. Recent acquisitions and partner mix are putting some near-term pressure on B2B margins.
• Expedia said efficiency initiatives and AI are supporting margins: its Vrbo voice agent resolved more than 15% of inbound contacts in its first two months, while AI tools are improving marketing and product-development productivity. The company expects continued, though potentially slower, progress on cost efficiencies.
• Trailing 12-month free cash flow rose 25% to $3.7 billion, supporting shareholder returns. Expedia repurchased about $576 million of shares in Q3 and approximately $1.5 billion year to date.

Expedia Group Stock Up 10.5%

Shares of NASDAQ EXPE traded up $30.11 on Wednesday, hitting $315.88. The company had a trading volume of 4,346,424 shares, compared to its average volume of 1,493,151. Expedia Group has a 12-month low of $185.34 and a 12-month high of $342.00. The business has a 50 day moving average of $284.21 and a two-hundred day moving average of $259.60. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.21. The firm has a market capitalization of $37.91 billion, a P/E ratio of 17.40, a PEG ratio of 0.69 and a beta of 1.39.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Piper Sandler reissued a “neutral” rating and set a $325.00 price target (up from $245.00) on shares of Expedia Group in a research report on Thursday, August 6th. Susquehanna raised their price objective on Expedia Group from $250.00 to $315.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Robert W. Baird set a $335.00 price objective on Expedia Group in a research note on Thursday, August 6th. Jefferies Financial Group boosted their target price on Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Stifel Nicolaus set a $204.00 target price on shares of Expedia Group in a research report on Tuesday. Eighteen analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $312.61.

Insider Activity

In other Expedia Group news, insider Robert J. Dzielak sold 1,004 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $335.00, for a total value of $336,340.00. Following the completion of the transaction, the insider owned 104,331 shares in the company, valued at $34,950,885. This represents a 0.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 2,810 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the sale, the chief accounting officer directly owned 12,006 shares of the company’s stock, valued at $3,885,741.90. This trade represents a 18.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 11,950 shares of company stock worth $3,881,995. 5.20% of the stock is currently owned by corporate insiders.

Key Expedia Group News

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Expedia raised its 2026 revenue forecast to $16.37 billion–$16.43 billion from $16.05 billion–$16.22 billion, citing resilient demand. Reuters report
• Positive Sentiment: Third-quarter adjusted earnings were $9.39 per share, above the $8.85 consensus cited in the company results, while revenue of $4.94 billion topped estimates of $4.73 billion and grew 11.9% year over year. The earnings beat and higher sales indicate solid operating performance. MarketBeat earnings report
• Neutral Sentiment: CEO Ariane Gorin said travelers use AI agents increasingly for trip discovery, but still prefer booking with trusted travel brands. This points to a potential new customer-acquisition channel, though AI-driven planning has not yet translated into substantial bookings through those agents. PYMNTS article
• Negative Sentiment: Before the earnings release, UBS lowered its price target to $328 from $351 and maintained a neutral rating, signaling a more cautious analyst view. UBS rating update

About Expedia Group

Expedia Group, Inc is an online travel company that connects travelers with a broad range of travel products and services. Its offerings include hotel and vacation-rental accommodations, flights, car rentals, cruises, activities, and travel packages. The company serves consumers through its online travel brands and also provides technology, distribution, and marketing solutions to travel suppliers and other business partners.

Expedia Group’s consumer brands include Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif, ebookers, CheapTickets, Abritel, and FeWo-direkt, among others.