Press release
Expedia Group Reports First Quarter 2025 Results
Meets top-line guidance, delivering 4% bookings growth and 3% revenue growth year-over-year Beats guidance on bottom line with EBITDA margin expansion
About this update from Expedia Group, Inc.
[{"type":"text","content":"\nMeets top-line guidance, delivering 4% bookings growth and 3% revenue growth year-over-year\n\nBeats guidance on bottom line with EBITDA margin expansion\n\nRepurchases $330 million of shares in the first quarter\n\n SEATTLE--(BUSINESS WIRE)--\nExpedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2025.\n\nFirst Quarter Highlights\n\n\nBooked room nights grew 6% in the first quarter year-over-year amid softened travel demand within and into the U.S.\n\n\nTotal gross bookings grew 4% in the first quarter. B2C gross bookings grew 1% and B2B gross bookings grew 14% given the segment’s greater international exposure.\n\n\nLodging gross bookings grew 5% year-over-year in the first quarter; hotel bookings were up 6%, driven by resilience at B2B and Brand Expedia.\n\n\nRevenue grew 3% in the quarter, led by our B2B and Advertising businesses, which grew 14% and 20%, respectively.\n\n\nFirst quarter net loss increased 49% while adjusted net income grew 81%, year-over-year. Adjusted EBITDA increased 16% with 105 basis points of margin expansion, and adjusted EBIT loss decreased 65% with 136 bps of margin expansion.\n\n\nDiluted loss per share was ($1.56) in the quarter while Adjusted EPS was $0.40 and grew 90% versus the prior year.\n\n\nRepurchased approximately 1.7 million shares for $330 million in the first quarter.\n\n\nPaid quarterly dividend of $0.40 per share on March 27, 2025.\n\n\n“We posted first quarter bookings and revenue within our guidance range despite weaker than expected demand in the US, drove bottom-line meaningfully above our guidance, and made significant progress against our strategic priorities. Looking ahead, we are committed to continuing to deliver margin expansion while growing our top-line,\" said Ariane Gorin, CEO of Expedia Group.\n\n\n \n\nFinancial Summary & Operating Metrics (In millions except per share amounts)\n\n\n\n\n \n\n \n\n\n\nExpedia Group, Inc.\n\n\n\n\n \n\nMetric\n\n\n\nQ1 2025\n\n\n\nQ1 2024\n\n\n\nΔ Y/Y\n\n\n\n\n \n\nBooked room nights\n\n\n\n107.7\n\n\n\n101.2\n\n\n\n6%\n\n\n\n\n \n\nGross bookings\n\n\n\n$31,451\n\n\n\n$30,164\n\n\n\n4%\n\n\n\n\n \n\nRevenue\n\n\n\n$2,988\n\n\n\n$2,889\n\n\n\n3%\n\n\n\n\n \n\nOperating loss\n\n\n\n$(70)\n\n\n\n$(110)\n\n\n\n(36)%\n\n\n\n\n \n\nNet loss attributable to Expedia Group, Inc.\n\n\n\n$(20...