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Expedia Group, Inc. EXPE Q2 2026 earnings

Reported August 5, 2026 · After market close

Revenue$4.3BBeat by $140.8M
Adjusted EPS$5.76Beat by $0.54
Revenue estimate$4.2B
EPS estimate$5.22
“We exceeded the high end of our guidance in the quarter, driven by growth in our consumer brands, sustained B2B momentum, and disciplined execution. We continued to strengthen our marketplace through more personalized consumer product experiences and expanded supply across our business, while leveraging AI as a force multiplier to innovate faster and operate more efficiently. Our results reinforce the strength of our strategy and the differentiation of our platform for travelers, partners, and shareholders.”
Ariane Gorin

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$4.7B
EPS estimate$8.74

Financials

Q2 2026

Income statement

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Revenue$4.3B+14.0%
Gross profit$3.9B+14.8%
Operating income$800.0M+64.9%
Net income$878.0M+166%
EPS (diluted)$7.16+189%

Balance sheet

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Cash & equivalents$6.7B+6.0%
Total debt$5.7B-12.3%
Total equity$1.2B+44.6%
Total assets$29.1B+7.7%

Cash flow

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Operating cash flow$1.5B+31.8%
CapEx$199.0M-0.5%
Free cash flow$1.3B+38.9%

Valuation & ratios

Valuation

as of 08/27/26
See full
Market cap$40.02B+52.4%
Enterprise value$39.02B+47.6%
P/E19.7×-3.9×
P/S2.6×+0.7×

Profitability

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Gross margin90.4%+0.8pp
Operating margin16%+6.0pp
Net margin13%+5.0pp

Returns & leverage

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Return on equity199.1%+70.1pp
Debt / equity4.7×-3.1×
Current ratio0.8×0.0×

Segments

By product

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Lodging$3.4B+12.8%
Other$444.0M+23.0%
Expedia Group (“EG”) Advertising$206.0M—
trivago Advertising$145.0M+48.0%
Air$91.0M-13.3%

By segment

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B2C$2.7B+8.0%
B2B$1.5B—
trivago$196.0M+24.1%

FAQ

When did Expedia Group, Inc. report Q2 2026 earnings?
Expedia Group, Inc. (EXPE) reported Q2 2026 earnings on August 5, 2026 after market close.
What were Expedia Group, Inc.'s Q2 2026 revenue and EPS?
Expedia Group, Inc. reported revenue of $4.3B and adjusted eps of $5.76 for Q2 2026.
Did Expedia Group, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $4.2B by $140.8M. EPS beat the consensus estimate of $5.22 by $0.54.
How did Expedia Group, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 14.0% from $3.8B a year earlier.
Where can I find Expedia Group, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001324424-26-000051) and the 10-Q periodic report (0001324424-26-000053) directly on SEC EDGAR. The filing index links above go to sec.gov.