Expedia Group (NASDAQ:EXPE) Announces Earnings Results

Expedia Group (NASDAQ:EXPE) issued its quarterly earnings results on Thursday. The online travel company reported $3.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.32 by $0.46, Briefing.com reports. Expedia Group had a net margin of 8.78% and a return on equity of 73.89%. The business had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.41 billion. During the same quarter in the prior year, the company earned $2.39 earnings per share. The business’s quarterly revenue was up 11.4% on a year-over-year basis.

Here are the key takeaways from Expedia Group’s conference call:

• Expedia outperformed guidance in Q4 with bookings and revenue up ~11%, adjusted EBITDA of $848M and ~4 points of margin expansion, plus $5.7B cash, $3.1B FCF for the year, ongoing buybacks and a 20% dividend increase.
• B2B and advertising showed strong momentum — B2B bookings grew ~24% (revenue +24%) and advertising revenue was up ~19%, with product rollouts (video ads) and a Tiqets acquisition to broaden experiences.
• Management plans to reinvest savings into growth (notably B2B and AI hires), which pressured B2B EBITDA margins (~1 point decline) and could modestly weigh on near-term margin expansion.
• Expedia is accelerating AI and product work — sites/apps are ~30% faster, improved checkout and personalization increased attach rates, and the company is experimenting with GenAI integrations to capture upstream trip discovery.
• Supply and traveler experience improvements are driving value — lodging properties grew >10% YoY, partner-funded promotions exceeded 30% of bookings, Vrbo Care and servicing upgrades raised self-service and reduced agent wait times.

Expedia Group Stock Performance

Shares of EXPE stock opened at $212.67 on Friday. Expedia Group has a 1 year low of $130.01 and a 1 year high of $303.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market cap of $26.06 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 0.70 and a beta of 1.41. The stock’s 50-day moving average is $273.40 and its two-hundred day moving average is $240.00.

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.48 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, March 5th. Expedia Group’s payout ratio is currently 16.24%.

Analyst Ratings Changes

EXPE has been the topic of several analyst reports. CICC Research upgraded Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price objective on the stock in a research note on Monday, November 10th. Piper Sandler reiterated a “neutral” rating and issued a $225.00 price objective (down previously from $250.00) on shares of Expedia Group in a research note on Friday. UBS Group set a $266.00 price objective on Expedia Group in a research report on Friday. KeyCorp initiated coverage on shares of Expedia Group in a report on Wednesday, October 22nd. They issued a “sector weight” rating on the stock. Finally, Robert W. Baird boosted their price target on shares of Expedia Group from $280.00 to $282.00 and gave the stock an “outperform” rating in a report on Friday. Fourteen equities research analysts have rated the stock with a Buy rating and twenty-one have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $288.23.

Insider Transactions at Expedia Group

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the sale, the director directly owned 2,916 shares of the company’s stock, valued at approximately $752,328. This represents a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.13% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Zions Bancorporation National Association UT raised its holdings in shares of Expedia Group by 13.0% in the fourth quarter. Zions Bancorporation National Association UT now owns 617 shares of the online travel company’s stock valued at $175,000 after buying an additional 71 shares during the last quarter. Larson Financial Group LLC increased its position in Expedia Group by 28.3% in the 3rd quarter. Larson Financial Group LLC now owns 326 shares of the online travel company’s stock valued at $70,000 after acquiring an additional 72 shares during the period. Commerce Bank raised its stake in Expedia Group by 2.6% during the 4th quarter. Commerce Bank now owns 2,885 shares of the online travel company’s stock valued at $817,000 after acquiring an additional 72 shares during the last quarter. Benjamin Edwards Inc. lifted its position in Expedia Group by 4.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 1,916 shares of the online travel company’s stock worth $323,000 after acquiring an additional 79 shares during the period. Finally, Arkadios Wealth Advisors grew its stake in shares of Expedia Group by 5.5% in the 4th quarter. Arkadios Wealth Advisors now owns 1,525 shares of the online travel company’s stock valued at $432,000 after purchasing an additional 79 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group News Roundup

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Q4 results beat expectations — Expedia reported stronger-than-expected revenue and EPS (bookings +11%, EBITDA +32%), showing B2B momentum that supports growth ahead. Expedia Q4 Earnings & Revenues Beat Estimates
• Positive Sentiment: Company raised FY‑2026 revenue/booking outlook and flagged strong demand from business clients — an upside to medium‑term revenue trajectory driven by B2B contracts. Expedia forecasts upbeat 2026 bookings
• Positive Sentiment: Dividend increase — Expedia boosted its quarterly payout (20% increase), returning more cash and signaling confidence in cash flow. (Company release)
• Positive Sentiment: Several analysts raised price targets (Goldman Sachs, HSBC, Robert W. Baird, BMO, BTIG), reinforcing buy-side upside thesis for EXPE. Goldman Sachs target raise
• Neutral Sentiment: Strategic commentary on AI/“agentic commerce” — management plans to integrate AI-driven discovery and tools to keep travelers on Expedia’s platforms; long-term relevance play but execution risk remains. Expedia embraces agentic commerce
• Negative Sentiment: CFO cautioned on margins and described the economy as “dynamic,” dialing down margin expectations — comments amplified investor concern that near‑term profitability could be lower than the headline beat implied. CFO flags dynamic economy
• Negative Sentiment: Some analysts trimmed targets/turned cautious (DA Davidson lowered to $260, TD Cowen cut to $260; Citi kept a Hold) — mixed analyst reactions increased short‑term uncertainty and selling pressure. Analyst downgrades/target cuts
• Negative Sentiment: Market commentary highlighted that soft margin guidance makes 2026 a tougher year for online travel stocks, driving relative underperformance despite the earnings beat. Why online travel stocks face a tough year

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.