Expedia Group, Inc. (EXPE) Earnings Call Transcripts

Expedia Group, Inc.'s Latest Earnings Call - September 9, 2026

In the third quarter of fiscal year 2026, Expedia Group, Inc. reported strong growth in both revenue and earnings, with a notable increase in free cash flow. The company achieved revenue of $3.5 billion, surpassing estimates of $3.3 billion, and reported earnings per share (EPS) of $1.25, beating expectations by $0.15. Management maintained its guidance for the fiscal year, signaling confidence in continued growth driven by strategic investments in AI and the B2B segment.

Reported metrics

Guidance from management

Management maintained its fiscal year guidance, indicating confidence in continued growth driven by strategic investments, particularly in AI and B2B.

What management said

It is evolving. It is true. There are some investments that we are making that could put short-term pressure on margins, but we're thinking about it for the long term. Again, it will depend on what is the partner mix. But overall, I think you can have dollar additive where margin rate may not be as strong. But this is a business that, in the years to come, will continue to grow, we'll continue to add dollars. And I w...

I think the #1 thing we need to do is make sure the company is moving fast, is agile, is getting great throughput in product and tech because ultimately, growth is going to come from innovation. We've just done some work with our product and tech team. I mean they've done a fantastic job in using AI really across the software development life cycle, from prototyping to building products and then deploying them. But ...

What analysts pressed on

Analysts expressed concerns about the potential impact of rising oil prices on consumer travel demand and the sustainability of margin expansion amidst ongoing investments.

Main topics on the call

• Revenue Growth Acceleration — Expedia reported revenue of $3.5 billion for Q3 2026, exceeding the $3.3 billion estimate. Management noted, 'We've accelerated the consumer business and expanded margins meaningfully.'
• Strong Consumer Demand — Management highlighted resilient consumer demand for travel, stating, 'Despite oil prices, people are still prioritizing travel.' Searches for travel destinations increased by 35% for Labor Day.
• AI as a Growth Driver — Management emphasized AI's role in future growth, stating, 'AI is how we are using it to be more personalized.' They noted that AI is helping teams achieve '40% faster cycle times.'
• B2B Business Performance — The B2B segment has shown double-digit growth for 20 consecutive quarters. Management stated, 'We continue to see opportunity for margin expansion' despite short-term investments impacting margins.

Read the full Expedia Group, Inc. transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 45 Expedia Group, Inc. earnings call transcripts on record, spanning February 13, 2020 to September 9, 2026. Based on this history, Expedia Group, Inc. reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EXPE

Exchange

NasdaqGS

Country

US

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

45

First call

February 13, 2020

Most recent

September 9, 2026

Reporting cadence

quarterly