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Sep 30, 2022
Expedia Q3 2022 Earnings Report
Expedia Group's financial performance was strong, marked by record quarterly revenue and adjusted EBITDA, which exceeded $1 billion for the first time.
Key Takeaways
Expedia Group reported strong financial results for Q3 2022, with record quarterly revenue and adjusted EBITDA. Net income was up 33% compared to 2021.
Record quarterly revenue and third quarter lodging bookings were achieved.
Net income increased by 33% compared to 2021, and a record adjusted EBITDA was reached.
Free cash flow for the first nine months of 2022 was $3.1 billion, more than double 2019 levels.
Share buybacks were resumed, with 2 million shares repurchased through October for approximately $200 million.
Expedia
Expedia
Expedia Revenue by Segment
Expedia Revenue by Geographic Location
Forward Guidance
Expedia Group did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income