Expedia Group (NASDAQ:EXPE) Posts Quarterly Earnings Results, Beats Estimates By $0.54 EPS

Posted by Francis Steltz on Nov 5th, 2026

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

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 Trading Down 13.3%

NASDAQ EXPE traded down $41.93 during trading on Thursday, hitting $273.95. The stock had a trading volume of 3,255,470 shares, compared to its average volume of 2,010,346. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a 50 day simple moving average of $284.21 and a 200 day simple moving average of $259.60. Expedia Group has a one year low of $185.34 and a one year high of $342.00. The stock has a market capitalization of $32.88 billion, a price-to-earnings ratio of 17.00, a P/E/G ratio of 0.69 and a beta of 1.39.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s payout ratio is currently 11.97%.

Trending Headlines about Expedia Group

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

Positive Sentiment: Q3 results topped expectations: Expedia reported adjusted earnings of $9.39 per share and $4.94 billion in revenue, with revenue up 11.9% year over year. The company also raised its 2026 revenue outlook to $16.37 billion–$16.43 billion and projected gross bookings of $131.4 billion–$131.9 billion, alongside EBITDA margin expansion. Reuters: Expedia raises annual forecasts
Neutral Sentiment: Analyst views were mixed: Piper Sandler maintained a Neutral rating but raised its price target to $335, while HSBC lowered its target to $378 from $417. Expedia also declared a quarterly dividend of $0.48 per share. Piper Sandler rating
Negative Sentiment: The immediate pressure came from Expedia’s Q4 forecast: projected revenue and bookings growth were below market expectations. Management cited softer demand and geopolitical risks, raising concern that travel momentum may cool near term despite the improved full-year outlook. Reuters: Expedia quarterly forecast

Insider Buying and Selling at Expedia Group

In related news, CAO Lance A. Soliday sold 2,810 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total value of $909,456.50. Following the completion of the transaction, the chief accounting officer owned 12,006 shares in the company, valued at $3,885,741.90. This trade represents a 18.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Robert J. Dzielak sold 3,003 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $315.00, for a total transaction of $945,945.00. Following the transaction, the insider directly owned 103,829 shares of the company’s stock, valued at approximately $32,706,135. This trade represents a 2.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 11,950 shares of company stock valued at $3,881,995. Company insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

EXPE has been the subject of several research analyst reports. Rosenblatt Securities assumed coverage on shares of Expedia Group in a research report on Tuesday, September 1st. They issued a “neutral” rating and a $360.00 target price for the company. UBS Group lowered their price objective on Expedia Group from $351.00 to $328.00 and set a “neutral” rating on the stock in a research report on Tuesday. Bank of America reaffirmed a “buy” rating on shares of Expedia Group in a research report on Thursday, August 6th. Melius Research set a $355.00 price objective on shares of Expedia Group in a research note on Tuesday, October 20th. Finally, Susquehanna upped their price target on Expedia Group from $250.00 to $315.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Eighteen equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $310.94.

Check Out Our Latest Report on EXPE

Expedia Group Company Profile

(Get Free Report)

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.