Expedia (EXPE)
NASDAQ:EXPE
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
5.15Last Year’s EPS
4.24Same Quarter Last Year
Moderate Buy
Based on 26 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a materially positive quarter: double-digit bookings and revenue growth, substantial margin expansion (nearly 6 points), strong free cash flow and balance sheet actions, meaningful AI-driven productivity gains, and solid consumer and B2B momentum. However, management was candid about near-term headwinds from geopolitical events (Middle East conflict, Mexico advisories) that elevated cancellations in March, moderating partner promotions in B2B, and rising AI-related investment costs. The company maintained a cautious but constructive outlook given ongoing macro volatility.Company Guidance
Top-Line Growth
Gross bookings grew 13% to $35.5 billion and revenue increased 15% to $3.4 billion (FX contributed ~3 points to bookings and ~5 points to revenue).
Strong Profitability and Margin Expansion
Adjusted EBITDA was $542 million with a 15.8% margin, the highest Q1 in 15 years, representing nearly 6 points of adjusted EBITDA margin expansion year-over-year.
Significant Consumer and B2B Momentum
Consumer gross bookings grew 10% to $24.8 billion with consumer revenue of $2.1 billion and ~20% consumer EBITDA margin (up ~9 points). B2B gross bookings grew 22% to $10.7 billion and B2B revenue grew 25% to $1.2 billion.
Room Night and ADR Improvement
Total booked room nights increased 6% with ADR up 4% on an FX-neutral basis (U.S. domestic room nights mid-single-digit growth; mid-single-digit domestic booking growth noted).
Cash Flow, Deleveraging and Capital Return
Trailing 12-month free cash flow was $4.1 billion; unrestricted cash and short-term investments ended at $5.8 billion. The company retired $1.75 billion of short-term debt, issued $1 billion of long-term debt, repurchased $700 million of stock in the quarter, and announced a new $5 billion share repurchase authorization.
Supply and Product Gains
Lodging property count grew ~10% (fastest growth outside the U.S.), handling scale of nearly 3.7 million properties (800,000 exclusive). Vacation rentals on Expedia reached an annualized $1 billion run rate (bookings).
AI-Driven Operational and Marketing Benefits
AI adoption improved servicing (30%+ of service interactions using AI), reduced new-agent onboarding time by ~60%, increased conversion (record attach rates and higher Vrbo conversion), and drove 'hundreds of millions' in realized marketing value via productivity and automation.
Marketing Efficiency and Consumer Leverage
Direct sales and marketing expenses were down 7% in the consumer business, delivering significant leverage (consumer EBITDA margin expansion and improved marketing returns while consumer gross bookings grew 10%).
EXPE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EXPE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $252.79 | $229.98 | -9.02% |
Feb 12, 2026 | $226.75 | $212.21 | -6.41% |
Nov 06, 2025 | $218.86 | $257.26 | +17.55% |
Aug 07, 2025 | $186.54 | $194.15 | +4.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Expedia (EXPE) report earnings?
Expedia (EXPE) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Expedia (EXPE) earnings time?
Expedia (EXPE) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXPE EPS forecast?
EXPE EPS forecast for the fiscal quarter 2026 (Q2) is 5.15.
