Expedia Group — Nov 6, 2025 release

$ 959  $ 684  $ 1,089  $ 935  $ 1,234  $ 1,388  Net income (loss) attributable to non-controlling interests 5  —  —  (12) (10) 2  Provision for income taxes 167  190  248  284  318  282  Total other (income) expense, net (95) (112) 114  (104) (223) (5) Operating income 1,036  762  1,451  1,103  1,319  1,667  Gain (loss) on revenue hedges related to revenue recognized 6  32  81  —  (18) 63  Restructuring and related reorganization charges, including stock-based compensation 6  6  76  72  80  84  Legal reserves, occupancy tax and other 86  59  88  100  118  106  Impairment of intangible assets —  33  —  33  147  114  Adjusted EBIT 1,134  892  1,696  1,308  1,646  2,034  Stock-based compensation, excluding restructuring and related reorganization charges 90  147  290  357  450  383  Depreciation and amortization 225  211  667  626  838  879  Adjusted EBITDA $ 1,449  $ 1,250  $ 2,653  $ 2,291  $ 2,934  $ 3,296  Net income margin (1) 21.8  % 16.9  % 9.7  % 8.9  % 9.0  % 9.7  % Adjusted EBIT margin (1) 25.7  % 22.0  % 15.2  % 12.4  % 12.0  % 14.2  % Adjusted EBITDA margin (1) 32.9  % 30.8  % 23.7  % 21.8  % 21.4  % 22.9  % Long-term debt, including current maturities $ 6,216  Long-term debt to net income ratio 4.5  Long-term debt, including current maturities $ 6,216  Unamortized discounts and debt issuance costs 34  Adjusted debt $ 6,250  Leverage ratio (2) 1.9  (1) Net income, Adjusted EBIT and Adjusted EBITDA margins represent net income (loss) attributable to Expedia Group, Inc., Adjusted EBIT or Adjusted EBITDA divided by revenue. (2) Leverage ratio represents adjusted debt divided by TTM Adjusted EBITDA. Page 14 of 18 Adjusted Net Income (Loss) & Adjusted EPS   Three months ended September 30, Nine months ended September 30,   2025 2024 2025 2024   (In millions, except share and per share data) Net income attributable to Expedia Group, Inc. $ 959   $ 684   $ 1,089   $ 935   Less: Net loss attributable to non-controlling interests (5) —  —  12  Less: Provision for income taxes (167) (190) (248) (284) Income before income taxes 1,131  874  1,337  1,207  Amortization of intangible assets 10  14  32  44  Stock-based compensation 90  147  293  365  Legal reserves, occupancy tax and other 86  59  88  100  Restructuring and