Expedia Group said 2025 revenue increased 8% compared to 2024, driven by strong growth in its B2B segment resulting from increased lodging revenue. Lodging revenue increased 7% and accounted for 80% of total revenue in 2025.

1. 01

   Expedia Group said 2025 revenue increased 8% compared to 2024, driven by strong growth in its B2B segment resulting from increased lodging revenue. Lodging revenue increased 7% and accounted for 80% of total revenue in 2025.

2. 02

   The company said 2025 advertising and media revenue was $758 million, an increase of 19% from 2024, and trivago third-party revenue was $417 million, up 33%.

3. 03

   Expedia Group said legal reserves, occupancy tax and other for 2025 primarily included $178 million related to an Italian withholding tax settlement. Restructuring and related reorganization charges were $107 million in 2025 and $80 million in 2024.

4. 04

   The company said cash and cash equivalents and short-term investments were $5.7 billion as of December 31, 2025, compared to $4.5 billion in 2024. Financing activities in 2025 included cash dividend payments of $200 million.

Key figures

Fiscal year ended December 31, 2025

Revenue

$14.7B

Operating income

$1.9B

Net income

$1.3B

EPS

$9.81

Operating cash flow

$3.9B

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.