Expedia Group — May 7, 2026 release

Adjusted EBITDA increased 83% with 591 basis points of margin expansion. • Diluted GAAP loss per share decreased 97% while Adjusted EPS grew 386%. • Repurchased approximately 3.3 million shares for $700 million in the first quarter. • Paid quarterly dividend of $0.48 per share on March 26, 2026 and declared quarterly dividend of $0.48 per share on May 7, 2026. "Our first quarter results marked a strong start to the year, as we delivered double-digit bookings and revenue growth and drove meaningful margin expansion despite a dynamic macroeconomic environment,” said Ariane Gorin, CEO of Expedia Group. “Through disciplined execution of our strategic priorities, we achieved the highest first-quarter profitability in our history. Looking ahead, we remain confident in our ability to drive increasing value for travelers, partners, and shareholders." Financial Summary & Operating Metrics (In millions except per share amounts) Expedia Group, Inc. Metric Q1 2026 Q1 2025 Δ Y/Y Booked room nights 113.9 107.7 6% Gross bookings $35,530 $31,451 13% Revenue $3,426 $2,988 15% Operating income (loss) $251 $(70) NM Net loss attributable to Expedia Group, Inc. $(6) $(200) (97)% Diluted loss per share $(0.05) $(1.56) (97)% Adjusted EBITDA* $542 $296 83% Adjusted EPS* $1.96 $0.40 386% Net cash provided by operating activities $3,931 $2,952 33% Free cash flow* $3,747 $2,756 36% * A reconciliation of non-GAAP financial measures to the most comparable GAAP measures is provided