Expedia Group said revenue for the 3 and 9 months ended September 30, 2025 increased 9% and 6%, respectively, compared to the same periods in the prior year. The company attributed the growth to increased lodging revenue in its B2B segment and strong international exposure.

10-QQuarterly reportFiled Nov 7, 2025Period of report Sep 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Expedia Group said revenue for the 3 and 9 months ended September 30, 2025 increased 9% and 6%, respectively, compared to the same periods in the prior year. The company attributed the growth to increased lodging revenue in its B2B segment and strong international exposure.
Expedia Group said lodging accounted for 82% of its total worldwide revenue in Q3 2025. Room nights booked grew 11% in the quarter, and Average Daily Rates booked increased 2%.
The company said legal reserves, occupancy tax and other for the 3 and 9 months of 2025 primarily included $90 million related to an Italian withholding tax settlement reserve. Restructuring and related reorganization charges for the 9 months of 2025 were $76 million.
Expedia Group said cash and cash equivalents and short-term investment balances were $6.2 billion as of September 30, 2025. During the 9 months of 2025, the company repurchased 7.9 million shares under its 2023 Share Repurchase Program for approximately $1.4 billion, with $1.8 billion remaining authorized for repurchase.

Key figures

Quarter ended September 30, 2025

Revenue: $4.4B
Operating income: $1.0B
Net income: $959M
EPS: $7.33

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

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.

Revenue growth for Q3 2025 and 9 months

Expedia Group said revenue for the 3 and 9 months ended September 30, 2025 increased 9% and 6%, respectively, compared to the same periods in the prior year. The company attributed the growth to increased lodging revenue in its B2B segment and strong international exposure.

Source · Based on the MD&A text of the filing

Lodging share and booking metrics for Q3

Expedia Group said lodging accounted for 82% of its total worldwide revenue in Q3 2025. Room nights booked grew 11% in the quarter, and Average Daily Rates booked increased 2%.

Source · Based on the MD&A text of the filing

Legal reserves and restructuring charges

The company said legal reserves, occupancy tax and other for the 3 and 9 months of 2025 primarily included $90 million related to an Italian withholding tax settlement reserve. Restructuring and related reorganization charges for the 9 months of 2025 were $76 million.

Source · Based on the MD&A text of the filing

Liquidity and share repurchases

Expedia Group said cash and cash equivalents and short-term investment balances were $6.2 billion as of September 30, 2025. During the 9 months of 2025, the company repurchased 7.9 million shares under its 2023 Share Repurchase Program for approximately $1.4 billion, with $1.8 billion remaining authorized for repurchase.

Source · Based on the MD&A text of the filing

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.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.