Expedia Raises Outlook Following Higher 3Q Profit, Sales

By Katherine Hamilton

Expedia Group raised its full-year outlook after logging higher profit and sales in the third quarter.

The online travel agency now expects annual revenue to be $16.37 billion to $16.43 billion, up from its previous guidance of $16.05 billion to $16.22 billion. It also lifted its view for gross bookings to $131.4 billion to $131.9 billion, from $129.5 billion to $130.8 billion.

For the third quarter, Expedia posted a profit of $1.03 billion, or $8.42 a share, compared with $959 million, or $7.33 a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were $9.39, ahead of the $8.85 anticipated by analysts, according to FactSet.

Revenue rose 12% to $4.94 billion. Analysts surveyed by FactSet forecast revenue of $4.73 billion. Sales made in the U.S. increased 12%, the same growth rate as the rest of the world combined.

Booked room nights increased 7% to 115.7 million, while gross bookings climbed 11% to $34.01 billion. Both metrics beat Wall Street estimates of 111.8 million room nights and $32.69 billion in bookings.

Results for Expedia's business-to-business segment were also up, as sales in the division surged 23% and gross bookings rose 19%.

In the current fourth quarter, Expedia expects gross bookings to be $27.9 billion to $28.4 billion, just shy of the $28.35 billion analysts expect. The company anticipates sales of $3.69 billion to $3.75 billion, compared with consensus estimates of $3.74 billion.

The softer-than-expected quarterly guidance comes after rival Booking said Tuesday that geopolitical conflicts were weighing on demand heading into the fourth quarter. Along with worsening dynamics due to the Iran war, public protests in popular European cities are also keeping people closer to home, Booking executives said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

November 04, 2026 16:02 ET (21:02 GMT)