Quarterly ResultMay 7, 2026, 04:09 PM
Expedia Group Q1 Revenue +15%, Adj. EBITDA +83%; $5B Buyback
AI Summary
Expedia Group reported strong first quarter 2026 financial results, exceeding guidance with double-digit growth in gross bookings and revenue, and significant margin expansion. The company announced a new $5 billion share repurchase authorization and declared a quarterly cash dividend of $0.48 per share. These results mark the highest first-quarter profitability in the company's history.
Key Highlights
- Expedia Group announced a new $5 billion share repurchase authorization.
- Q1 2026 revenue grew 15% year-over-year to $3.426 billion.
- Adjusted EBITDA increased 83% year-over-year to $542 million, with 591 basis points of margin expansion.
- GAAP net loss decreased 97% year-over-year to $(6) million.
- Adjusted net income grew 361% year-over-year to $245 million.
- Total gross bookings grew 13% year-over-year to $35.530 billion.
- Declared a quarterly cash dividend of $0.48 per share, payable June 18, 2026.
- Repurchased approximately 3.3 million shares for $700 million in Q1 2026.