EXPE
Expedia packed a lot of green arrows into one quarter
Expedia Group said it reported second-quarter 2026 results today, and the numbers look like a travel company with some actual momentum instead of a suitcase full of excuses. Booked room nights rose 6% year over year, total gross bookings increased 12%, and revenue climbed 14%.
The B2B side is doing the heavy lifting
The most interesting part? Expedia’s B2B business was the overachiever in the room. B2B gross bookings jumped 21%, while B2C gross bookings rose 8%. Lodging gross bookings also increased 11%, which matters because that’s the bread-and-butter part of the travel buffet.
Profits got a glow-up too
This wasn’t just a top-line story. GAAP net income increased 166%, and adjusted net income rose 29%. In other words: the company didn’t just sell more travel, it translated more of that into actual earnings — always the part investors like better than colorful slide decks.
Why investors should care
When a travel platform is growing bookings, revenue, and profit at the same time, that usually gets attention. The question now is whether Expedia can keep B2B humming and turn this quarter from a nice weather report into a trend.
Big picture: travel demand looks alive and well, and Expedia is getting more efficient at cashing in on it.