Expedia Group reported second quarter results that exceeded analyst expectations for both revenue and earnings, driven by sustained momentum in its B2B segment. The company also raised its full-year 2026 guidance for gross bookings and revenue, signaling confidence in continued travel demand.
Key Highlights
- Revenue for the second quarter increased 14% year-over-year to $4.32 billion, surpassing the consensus estimate of $4.17 billion.
- Adjusted EPS grew 36% to $5.76, well ahead of the anticipated $5.29.
- Total Gross Bookings rose 12% to $33.9 billion, beating the company's prior guidance range, with the B2B segment's gross bookings growing 21%.
- The company raised its full-year 2026 guidance for gross bookings growth to a range of 8% to 9% and revenue growth to a range of 9% to 10%.