Expedia Group said revenue for 2024 increased 7% compared to 2023, citing strong growth in its B2B segment and increased lodging revenue. The company said lodging revenue increased 7% and advertising and media revenue increased 16%.

1. 01

   Expedia Group said revenue for 2024 increased 7% compared to 2023, citing strong growth in its B2B segment and increased lodging revenue. The company said lodging revenue increased 7% and advertising and media revenue increased 16%.

2. 02

   Expedia Group said selling and marketing - direct costs increased $739 million in 2024 compared to 2023, citing an increase in B2B partner commissions and a ramp in marketing spend at Vrbo and international markets.

3. 03

   The company said legal reserves, occupancy tax and other for 2024 included an Italian VAT settlement reserve of $107 million, digital service taxes of $30 million, and a donation of $20 million related to a public-private partnership project to revitalize public parks along the Elliot Bay waterfront in Seattle, partially offset by net reductions to reserves of $43 million related to hotel occupancy and other taxes. Restructuring and related reorganization charges were $80 million.

4. 04

   Expedia Group said operating cash flow increased $395 million in 2024 and that it spent $1.8 billion on share repurchases in financing activities. As of December 31, 2024, the remaining authorization under the 2023 Share Repurchase Program was $3.2 billion, and the company declared a quarterly cash dividend of $0.40 per share in February 2025.

Key figures

Fiscal year ended December 31, 2024

Revenue

$13.7B

Operating income

$1.3B

Net income

$1.2B

EPS

$8.95

Operating cash flow

$3.1B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.