Expedia reports Q4 adjusted EPS $3.78, consensus $3.37

Reports Q4 revenue 3.55B, consensus $3.41B. Booked room nights grew 9% in the fourth quarter. Total gross bookings and revenue both grew 11% in the fourth quarter and 8% for the full year, driven by strong execution and sustained market momentum. B2C and B2B gross bookings grew 5% and 24%, respectively, in the fourth quarter. Lodging gross bookings grew 13% in the fourth quarter. “We delivered a strong finish to a great year and expect our positive momentum to continue in 2026,” said Ariane Gorin, CEO of Expedia (EXPE) Group. “Our fourth quarter results exceeded both top and bottom-line expectations, reflecting disciplined execution of our strategic priorities in a healthy demand environment with double-digit growth in bookings and revenue. We are confident in our ability to maximize the power of our brands to deliver increased value to travelers, partners and shareholders.”