---
schema_version: "secwatch.filing_event.v1"
accession: "0001324424-24-000024"
form_type: "8-K"
ticker: "EXPE"
cik: "0001324424"
company_name: "Expedia Group, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:08:50.266255+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Expedia Q1 rev $2.9B (+8%), net loss $135M, cuts FY guidance to mid-high single-digit growth

## Summary
- Revenue $2.889B (+8% YoY); adjusted EBITDA $255M (+38%), margin expansion 191 bps.
- Net loss $135M ($0.99 diluted loss); adjusted EPS $0.21.
- Gross bookings $30.2B (+3%); lodging +4%, hotel +12%; Vrbo recovery slower.
- FY2024 guidance cut to mid-to-high single-digit revenue growth; margins roughly in line.
- Year-to-date share repurchases ~$786M (5.7M shares).

## SEC filing metadata
- accession: 0001324424-24-000024
- form_type: 8-K
- ticker: EXPE
- cik: 0001324424
- company_name: Expedia Group, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324424/000132442424000024/0001324424-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324424/000132442424000024/expe-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001324424-24-000024
- JSON: https://secwatch.observer/filing/0001324424-24-000024.json
- Plain text: https://secwatch.observer/filing/0001324424-24-000024.txt

## Key facts
- Earnings Releases
  Expedia Group, Inc. reported first quarter ended March 31, 2024 results: revenue $2.9 billion, net income Net loss was $135 million, EPS $(0.99). Guidance lowered.
  - Period: first quarter ended March 31, 2024
  - Revenue: $2.9 billion
  - Net income: Net loss was $135 million
  - EPS: $(0.99)
  - Guidance: lowered
  - Result: reported results
  source text: an increase of 3% compared to 2023. • Lodging gross bookings were $21.9 billion, an increase of 4% compared to 2023. Hotel bookings were up 12% compared to 2023. • Revenue at $2.9 billion grew 8% compared to 2023. B2B revenue was $833 million, an increase of 25% compared to 2023. • Net loss was $135 million and adjusted net income was $29 million. Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1324424/000132442424000024/0001324424-24-000024-index.htm

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