亿客行Expedia Group Inc (EXPE) 2025年第四季度及全年业绩报告「NASDAQ」（英文版）（15页）.pdf

1、 Page 1 of 15 Expedia Group Reports Fourth Quarter and Full Year 2025 Results Exceeded fourth quarter guidance with double-digit gross bookings and revenue growth y/y Room nights up 9%y/y,driven by sustained strength internationally and in the U.S.Expanded Adjusted EBITDA margins y/y SEATTLE,WA Febr

2、uary 12,2026 Expedia Group,Inc.(NASDAQ:EXPE)announced financial results today for the fourth quarter and full year ended December 31,2025.Key Highlights(All comparisons year-over-year)Booked room nights grew 9%in the fourth quarter.Total gross bookings and revenue both grew 11%in the fourth quarter

3、and 8%for the full year,driven by strong execution and sustained market momentum.B2C and B2B gross bookings grew 5%and 24%,respectively,in the fourth quarter.Lodging gross bookings grew 13%in the fourth quarter.Fourth quarter GAAP net income decreased 31%while Adjusted net income grew 52%.Adjusted E

4、BITDA increased 32%with EBITDA margin of 23.9%expanding 368 basis points in the fourth quarter.Strong cash position,ending the year with$5.7 billion of unrestricted cash and short-term investments.Repurchased approximately 9 million shares for$1.7 billion in 2025.Paid quarterly dividend of$0.40 per

5、share on December 11,2025.We are raising our dividend by 20%and declared a quarterly dividend of$0.48 per share on February 12,2025.“We delivered a strong finish to a great year and expect our positive momentum to continue in 2026,”said Ariane Gorin,CEO of Expedia Group.Our fourth quarter results ex

6、ceeded both top and bottom-line expectations,reflecting disciplined execution of our strategic priorities in a healthy demand environment with double-digit growth in bookings and revenue.We are confident in our ability to maximize the power of our brands to deliver increased value to travelers,partn