NASDAQ$EXPE

Expedia Group Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Expedia Group reported record high lodging bookings and highest ever second quarter revenue and adjusted EBITDA.

Expedia Group's Q2 2022 financial performance showed significant growth with record lodging bookings, highest ever second quarter revenue of $3.2 billion, and adjusted EBITDA of $648 million, despite disruptions during the summer travel season and an uncertain macroeconomic backdrop.

  • Lodging bookings reached a record high.
  • Revenue and adjusted EBITDA were the highest for any second quarter.
  • Lodging gross bookings were up 8% versus the second quarter 2019.
  • The company completed early redemption of $1 billion in Senior Notes.

Headline financials

Total Revenue

$3.18B

Previous: $2.11B+50.7%
EPS (adj)

$1.96

Previous: -$1.13+273.5%
Booked Room Nights

82.5M

Previous: 56.6M+45.8%
Gross Bookings

$26.1B

Previous: $20.8B+25.6%
Adjusted EBITDA

$648M

No prior period
Capital Expenditures

-$315M

Previous: -$351M+10.3%
Free Cash Flow

-$500M

Previous: -$523M+4.4%
Net Income

-$185M

Previous: -$172M-7.6%
Operating Income

$345M

Previous: -$132M+361.4%
Gross Profit

-$494M

Previous: -$386M-28.0%
Cash & Equivalents

$5.57B

Previous: $5.46B+1.9%
Total Assets

$24.7B

Previous: $24.2B+2.3%
Stock-Based Comp

$93M

Previous: $120M-22.5%

Revenue & EPS history

Expedia · Revenue · Quarterly

$3.18B

Q2 2022+50.7%vs Q2 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Expedia · $3.07B total across 2 segments · Q2 2022

  • B2C
    $2.42B+41.1%
  • B2B
    $650M+113.1%

Forward guidance

Expedia Group remains focused on improving technology, attracting valuable customers, and driving efficiency to withstand macroeconomic headwinds.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.9%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+0.0%

Avg return

30 days after

57%

39 / 68 earnings

Positive

+24.7%

Q1 2012

Best reaction

-27.2%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%-14.6%-9.4%
Q4 2025-6.4%-10.3%+0.5%
Q3 2025+17.4%+24.6%+19.9%
Q1 2025-7.4%+0.1%+4.5%
Q4 2024+17.3%+17.4%+6.8%
Q3 2024+5.2%+5.9%+11.0%
Q2 2024+14.8%+15.3%+16.8%
Q1 2024-13.4%-15.2%-15.2%
Q4 2023-15.1%-12.7%-12.0%
Q3 2023+20.8%+26.6%+49.4%
Q2 2023-12.6%-6.9%-7.1%
Q1 2023+3.3%+3.0%+14.0%
Q4 2022-9.7%-3.5%-17.5%
Q3 2022+2.5%-0.7%+14.8%
Q2 2022-3.0%-1.9%-3.4%
Q1 2022-14.0%-24.3%-27.8%
Q4 2021-2.5%+7.6%-9.0%
Q3 2021+12.3%+15.9%-4.1%
Q2 2021-2.8%-3.0%-6.9%
Q1 2021+1.5%+0.9%+0.3%
Q4 2020-1.6%-0.7%+17.3%
Q3 2020+4.4%+30.2%+30.1%
Q2 2020-5.1%-6.5%+18.2%
Q1 2020+0.9%+2.1%+7.5%
Q4 2019+10.7%+9.1%-37.3%
Q3 2019-27.2%-26.6%-20.3%
Q2 2019+1.2%-1.9%-7.5%
Q1 2019-1.3%-4.6%-10.7%
Q4 2018+2.3%-1.0%-5.1%
Q3 2018+5.5%+9.0%-0.9%
Q2 2018+8.0%+4.9%+2.1%
Q1 2018+6.1%+4.7%+8.7%
Q4 2017-19.6%-21.3%-13.2%
Q3 2017-16.3%-15.7%-14.3%
Q2 2017+1.6%-2.7%-4.9%
Q1 2017-1.5%+2.4%+6.5%
Q4 2016-0.2%-2.6%+2.4%
Q3 2016+4.9%+0.4%+1.4%
Q2 2016-0.5%-3.1%-5.0%
Q1 2016+7.4%
Q4 2015+11.6%
Q3 2015+8.3%
Q2 2015+13.6%
Q1 2015+5.6%
Q4 2014-11.4%
Q3 2014+6.8%
Q2 2014+3.4%
Q1 2014+0.2%
Q4 2013+16.5%
Q3 2013+16.4%
Q2 2013-26.0%
Q1 2013-8.8%
Q4 2012+0.8%
Q3 2012+13.0%
Q2 2012+24.1%
Q1 2012+24.7%
Q2 2011+0.7%
Q4 2011+0.7%
Q3 2011-0.5%
Q1 2011+2.8%
Q1 2010+2.8%
Q2 2010-15.6%
Q4 2008-15.6%
Q4 2010-15.6%
Q3 2009-2.1%
Q3 2010-2.1%
Q4 2009+8.1%
Q2 2009+8.1%

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