Expedia Q1 revenue rises 15%

Expedia

07/05/2026 21:12

Overview

Global travel marketplace's Q1 revenue grew 15% yr/yr, beating analyst expectations

Adjusted EPS for Q1 rose sharply and beat analyst expectations

Company repurchased $700 mln of shares and announced new $5 bln buyback authorization

Outlook

Expedia sees FY 2026 gross bookings of $127-$129 bln and revenue of $15.6-$16.0 bln

Company expects Q2 2026 gross bookings of $32.5-$33.1 bln and revenue of $4.11-$4.19 bln

Expedia forecasts FY 2026 adjusted EBITDA margin expansion of +1 to 1.25 pts

Result Drivers

B2B GROWTH - B2B gross bookings rose 22% and B2B revenue grew 25%, outpacing B2C growth

LODGING DEMAND - Lodging gross bookings and revenue both increased 13% and 14%, respectively, supporting overall growth

INTERNATIONAL STRENGTH - Revenue from non-U.S. points of sale rose 24%, faster than U.S. growth

Company press release: ID:nBw5b7vHHa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$3.43 bln
$3.35 bln (31 Analysts)
Q1 Adjusted EPS
Beat
$1.96
$1.38 (22 Analysts)
Q1 EPS
-$0.05
Q1 Net Income
-$6 mln
Q1 Adjusted EBITDA
Beat
$542 mln
$448.16 mln (30 Analysts)
Q1 Gross Bookings
$35.53 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 21 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the leisure & recreation peer group is "buy"

Wall Street's median 12-month price target for Expedia Group Inc is $276.50, about 12.1% above its May 6 closing price of $246.66

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)