Expedia Group reported first quarter 2026 results that surpassed analyst expectations, with revenue of $3.43 billion and adjusted EPS of $1.96. The performance was driven by strong growth in both gross bookings and profitability.

Key Highlights

  • Gross bookings grew 13% year-over-year to $35.5 billion, with the high-focus B2B segment expanding 22%.
  • Adjusted EBITDA increased 83% to $542 million, resulting in an adjusted EBITDA margin expansion of 591 basis points.
  • The company repurchased $700 million of its shares during the quarter and announced a new $5 billion share repurchase authorization.
  • Booked room nights increased 6% year-over-year, while lodging gross bookings were up 13%.