Expedia Group Q1 revenue rises 8% but full-year revenue growth outlook is lowered
Expedia Group reported first quarter 2024 revenue of $2.9 billion, up 8%, and a net loss of $135 million, narrower than the $145 million loss a year earlier. The company lowered its full-year guidance to mid to high single digit top line growth, citing a slower-than-expected recovery at Vrbo and gross bookings that rose only 3%.
Key points
- Revenue was $2.9 billion, up 8% from the first quarter of 2023; gross bookings were $30.2 billion, up 3%
- Net loss attributable to Expedia Group was $135 million versus $145 million a year earlier; adjusted EPS was $0.21 versus a loss of $0.20
- Full-year guidance lowered to mid to high single digit top line growth, with margins relatively in line with last year
- Repurchased about 5.7 million shares for about $786 million year-to-date
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.