---
schema_version: "secwatch.filing_event.v1"
accession: "0001324424-23-000058"
form_type: "8-K"
ticker: "EXPE"
cik: "0001324424"
company_name: "Expedia Group, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:33:44.390197+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Expedia Q3 record revenue $3.9B (+9%); adj. EBITDA $1.2B (+13%); new $5B buyback

## Summary
- Q3 revenue $3.93B (+9% YoY), record; net income $425M (-12% YoY); diluted EPS $2.87 (-3%).
- Adj. EBITDA $1.216B (+13%) w/110bps margin expansion; adj. net income $778M (+21%); adj. EPS $5.41 (+33%).
- Lodging gross bookings $18.5B (+8%); room nights 89.3M (+9%) - both record Q3.
- B2B revenue $995M record (+26%); B2C revenue growth accelerated >400bps sequentially.
- Board authorized new $5B share repurchase; YTD repurchases $1.8B (~17M shares).

## SEC filing metadata
- accession: 0001324424-23-000058
- form_type: 8-K
- ticker: EXPE
- cik: 0001324424
- company_name: Expedia Group, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324424/000132442423000058/0001324424-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324424/000132442423000058/expe-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001324424-23-000058
- JSON: https://secwatch.observer/filing/0001324424-23-000058.json
- Plain text: https://secwatch.observer/filing/0001324424-23-000058.txt

## Key facts
- Earnings Releases
  Expedia Group, Inc. reported the third quarter ended September 30, 2023 results: revenue $3.9 billion, net income $425 million, EPS $2.87 per diluted share. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $3.9 billion
  - Net income: $425 million
  - EPS: $2.87 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: from our Board." Third Quarter Highlights • Lodging gross bookings at $18.5 billion grew 8% compared to 2022, and were at record levels for any third quarter. • Revenue at $3.9 billion grew 9% compared to 2022 and was a record for any quarter. B2C revenue growth compared to 2022 accelerated over 400 basis points sequentially. B2B revenue at $995 million was a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324424/000132442423000058/0001324424-23-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.