Expedia reports Q3 2026 earnings, raises full‑year outlook and repurchases $576 M of stock
Expedia Group posted Q3 2026 revenue of $4.94 billion, up 12% year‑over‑year, and GAAP EPS of $8.42, while adjusted EPS reached $9.39. Gross bookings grew 11% to $34.0 billion, driven by a 19% rise in B2B bookings. The company lifted its FY2026 gross‑bookings forecast to $131.4‑$131.9 billion and revenue outlook to $16.37‑$16.43 billion, repurchased roughly two million shares for $576 million and declared a $0.48 per‑share dividend. Despite the beat, shares slipped 6‑8% after hours as Q4 revenue guidance fell short of analyst expectations.
Why it matters
The raised full‑year bookings and revenue guidance expands the upside potential for investors, while the $576 million share repurchase returns cash to shareholders. However, the lower‑than‑expected Q4 revenue outlook triggered an immediate sell‑off, indicating short‑term price pressure.
Key facts
- 1Q3 2026 revenue was $4,938 million, a 12% year‑over‑year increase. sec.gov
- 2GAAP diluted earnings per share rose 15% to $8.42. sec.gov
- 3Adjusted earnings per share increased 24% to $9.39. sec.gov
- 4Total gross bookings grew 11% to $34,008 million. sec.gov
- 5B2B gross bookings grew 19% year‑over‑year. sec.gov
- 6The company repurchased approximately 2 million shares for $576 million in the quarter. sec.gov
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.