Description

Expedia Group’s $900 Million Buyback Adds Firepower To A Stronger Earnings Story!

Expedia Group reported second quarter 2026 financial results that generally exceeded expectations, highlighting steady growth across key metrics. The company posted a 12% increase in bookings, a 14% revenue rise, and a 23% adjusted EBITDA growth year-over-year, marking the fifth consecutive quarter of surpassing the high end of guidance. Gross bookings benefited from a 6% growth in room nights and a 5% increase in average daily rates (ADR) on a foreign exchange (FX)-neutral basis. Foreign exchange also provided a moderate tailwind, enhancing revenue growth by approximately 4 percentage points. Adjusted EBITDA margin improved by nearly 2 points to 25.9%, driven by efficient expense management, marketing leverage, and volume growth. Adjusted earnings per share grew 36% year-over-year, supported by share repurchases totaling about $900 million year-to-date.