Jun 30, 2022

Expedia Q2 2022 Earnings Report

Expedia Group reported record high lodging bookings and highest ever second quarter revenue and adjusted EBITDA.

Key Takeaways

Expedia Group's Q2 2022 financial performance showed significant growth with record lodging bookings, highest ever second quarter revenue of $3.2 billion, and adjusted EBITDA of $648 million, despite disruptions during the summer travel season and an uncertain macroeconomic backdrop.

Lodging bookings reached a record high.

Revenue and adjusted EBITDA were the highest for any second quarter.

Lodging gross bookings were up 8% versus the second quarter 2019.

The company completed early redemption of $1 billion in Senior Notes.

Total Revenue
$3.18B
Previous year: $2.11B
+50.7%
EPS
$1.96
Previous year: -$1.13
-273.5%
Gross Bookings
$26.1B
Previous year: $20.8B
+25.6%
Room nights
82.5M
Previous year: 56.6M
+45.8%
Adjusted EBITDA
$648M
Gross Profit
$2.76B
Previous year: $1.74B
+59.0%
Cash and Equivalents
$5.57B
Previous year: $5.46B
+1.9%
Free Cash Flow
$1.47B
Previous year: $2.33B
-37.0%
Total Assets
$24.7B
Previous year: $24.2B
+2.3%

Expedia

Expedia

Expedia Revenue by Segment

Expedia Revenue by Geographic Location

Forward Guidance

Expedia Group remains focused on improving technology, attracting valuable customers, and driving efficiency to withstand macroeconomic headwinds.

Revenue & Expenses

Visualization of income flow from segment revenue to net income