Expedia Group — Nov 6, 2025 release

idance with 12% bookings and 9% revenue growth y/y; expanded Adj. EBITDA margins Room nights up 11% y/y, driven by B2B and B2C strength in the U.S. Repurchased $451 million of shares in the quarter; declares dividend of $0.40 per share Increases full year guidance SEATTLE, WA – November 6, 2025 – Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the third quarter ended September 30, 2025. Third Quarter Highlights (All comparisons year-over-year) • Booked room nights grew 11%, driven by the fastest U.S. growth in three years and continued international strength. • Total gross bookings grew 12%, driven by a 26% increase in B2B; B2C gross bookings grew 7%. • Lodging gross bookings grew 13%; hotel bookings increased 15%, driven by B2B and Expedia. • Revenue grew 9%, driven by B2B, which grew 18%. • Third quarter GAAP net income increased 40% while Adjusted net income grew 19%. Adjusted EBITDA increased 16% with 208 basis points of margin expansion, and Adjusted EBIT grew 27% with 373 basis points of margin expansion. • Diluted GAAP EPS increased 45% while Adjusted EPS grew 23%. • Repurchased approximately 2.3 million shares for $451 million in the third quarter and 7.9 million shares for $1.4 billion for the nine months of 2025. • Paid quarterly dividend of $0.40 per share on September 18, 2025 and declared quarterly dividend of $0.40 per share on November 6, 2025. “Our strong third quarter re