Expedia Group operates a portfolio of online travel brands—including Expedia, Hotels.com and Vrbo—that help consumers book hotels, flights, packages and vacation rentals. It earns primarily by connecting travelers with lodging and travel suppliers through its marketplaces and white-label technology for partners. The business is global and highly seasonal, competing with other online travel agencies and direct supplier channels.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 3,786 | — | 330 | — |
| Q3 2025 | 4,412 | — | 959 | — |
| Q4 2025 | 3,547 | — | 205 | — |
| Q1 2026 | 3,426 | — | -6 | — |
| Q2 2026 | 4,315 | 14% | 878 | 166.1% |
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