Expedia Reports Strong Q3 2026 Results Driven by B2B Growth and Increased Bookings
Expedia Group reported robust third-quarter 2026 financial results, highlighted by a 12% year-over-year revenue increase to $4.9 billion. The company saw significant momentum in its B2B segment, which grew 19% to reach $11.1 billion in gross bookings. Total gross bookings rose 11% to $34.0 billion, supported by a 7% increase in room nights and healthy demand among affluent consumers. Profitability metrics showed strong expansion, with Adjusted EBITDA growing 17% to $1.7 billion and an Adjusted EPS of $9.39, up 24% year-over-year. While the third quarter outperformed expectations, management issued cautious Q4 guidance for gross bookings between $27.9 billion and $28.4 billion, citing a softer operating environment and the timing of seasonal sales events.
Topics: adjusted EBITDA B2B segment performance gross bookings revenue growth share repurchases