Expedia Group, Inc. (EXPE) Q3 2025 Earnings Call

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WEBVTT 00:00:00.233 -- 00:00:06.181 Good day, everyone, and welcome to the Expedia Group Q3 2025 Financial Results teleconference. 00:00:06.181 -- 00:00:09.506 My name is Alex, and I'll be the operator for today's call. 00:00:09.506 -- 00:00:13.011 If you wish to ask a question at the end of the presentation, please press star followed 00:00:13.011 -- 00:00:17.718 by 1 on your telephone keypad. If you change your mind, please press star followed by 00:00:17.718 -- 00:00:20.121 2 to cancel your request. 00:00:20.121 -- 00:00:25.409 For opening remarks, I will now turn the call over to VP Investor Relations, Rob Befegny. 00:00:25.409 -- 00:00:27.789 Please go ahead. 00:00:28.553 -- 00:00:33.285 Good afternoon. And welcome to Expedia Group's third quarter 2025 earnings call. 00:00:33.285 -- 00:00:37.752 I'm pleased to be joined on today's call by our CEO, Ariane Gorin, and our CFO, Scott 00:00:37.752 -- 00:00:42.118 Schenkel. As a reminder, our commentary today will include references to certain non-GAAP 00:00:42.118 -- 00:00:46.504 measures. Reconciliations of these non-GAAP measures to the most comparable GAAP measures 00:00:46.504 -- 00:00:50.369 are included in our earnings release. Unless otherwise stated, all growth rates are on 00:00:50.369 -- 00:00:55.178 a year-over-year basis, and any reference to expenses excludes stock-based compensation. 00:00:55.178 -- 00:00:58.703 We will also be making forward-looking statements during the call, which are predictions, 00:00:58.703 -- 00:01:01.286 projections, and other statements about future events. 00:01:01.286 -- 00:01:05.372 These statements are based on current expectations and assumptions, which are subject 00:01:05.372 -- 00:01:08.376 to risk uncertainties that are difficult to predict. 00:01:08.376 -- 00:01:12.16...