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Jun 30, 2023
Expedia Q2 2023 Earnings Report
Expedia Group reported record second quarter revenue, up 6%, with significant earnings growth and margin expansion.
Key Takeaways
Expedia Group announced record second quarter results with lodging gross bookings up 7% and revenue up 6%. The company saw significant earnings growth, margin expansion, and accelerated share repurchases.
Lodging gross bookings reached a record $19.2 billion.
Revenue reached a record $3.4 billion.
Net income was $385 million, compared to a net loss of $185 million in 2022.
Adjusted EBITDA was a record $747 million, an increase of 15%.
Expedia
Expedia
Expedia Revenue by Segment
Expedia Revenue by Geographic Location
Forward Guidance
Expedia Group reiterates full-year guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income