2025 Q4 Earnings Presentation

Expedia Group
arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 1
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Slide inventory

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Slide 1
front_matter
Open slide detailBeat · Attention
02
other
Open slide detailBeat · Attention
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Includes a disclaimer about non-GAAP measures.summarize
Open slide detailBeat · AttentionLoop · Logic Chain
04
The slide uses a consistent bar chart format to highlight year-over-year growth percentages for four key metrics.summarize
Open slide detailBeat · AttentionLoop · Logic Chain
05
The slide compares performance across five quarters from Q4-24 to Q4-25.analyze_data
Open slide detailBeat · NeedLoop · Logic Chain
06
The slide uses a split-chart layout to compare Gross Bookings and Revenue, with detailed Y/Y growth breakdowns below each chart.analyze_data
Open slide detailBeat · NeedLoop · Logic Chain
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summarize
Open slide detailBeat · NeedLoop · Logic Chain
08
The slide compares two key financial metrics across five quarters (Q4-24 to Q4-25).analyze_data
Open slide detailBeat · NeedLoop · Logic Chain
09
The slide uses waterfall-style delta indicators between two time periods for three key financial metrics.quantify_impact
Open slide detailBeat · NeedLoop · Logic Chain
10
The slide uses a consistent color scheme where the most recent quarter (Q4-25) is highlighted in dark blue.analyze_data
Open slide detailBeat · SatisfactionLoop · Logic Chain
11
The slide uses a combination of big numbers for balance sheet metrics and bar charts for trend analysis of FCF and capital returns.summarize
Open slide detailBeat · SatisfactionLoop · Logic Chain
12
Includes a disclaimer regarding the reconciliation of EBITDA margin expansion.summarize
Open slide detailBeat · ActionLoop · Cost Of Inaction
13
front_matter
Open slide detailBeat · ActionLoop · Cost Of Inaction
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appendix
Open slide detailBeat · ActionLoop · Cost Of Inaction
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appendix
Open slide detailBeat · ActionLoop · Cost Of Inaction
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The slide details the specific adjustments made to net income to arrive at Adjusted EBITDA, including stock-based compensation, acquisition-related impacts, andsummarize
Open slide detailBeat · ActionLoop · Cost Of Inaction
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appendix
Open slide detailBeat · ActionLoop · Cost Of Inaction
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Contains specific accounting adjustments and tax rate methodology for Expedia Group.summarize
Open slide detailBeat · ActionLoop · Cost Of Inaction
19
The table provides non-GAAP financial reconciliation for TTM periods ending Dec 2025 through Dec 2024.summarize
Open slide detailBeat · ActionLoop · Cost Of Inaction
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appendix
Open slide detailBeat · ActionLoop · Cost Of Inaction
21
The table provides a detailed breakdown of non-GAAP adjustments including stock-based compensation, amortization, and tax effects.summarize
Open slide detailBeat · ActionLoop · Cost Of Inaction
22
The table includes adjustments for non-controlling interests, income taxes, other income/expense, revenue hedges, restructuring charges, legal reserves, impairmanalyze_data
Open slide detailBeat · ActionLoop · Cost Of Inaction
23
The table shows adjustments for Cost of Revenue, S&M (direct/indirect), Tech & Content, and G&A.analyze_data
Open slide detailBeat · ActionLoop · Cost Of Inaction
24
Includes footnotes explaining allocation methodology and margin calculation.analyze_data
Open slide detailBeat · ActionLoop · Cost Of Inaction
25
Includes footnotes explaining the allocation methodology for Adjusted EBITDA.analyze_data
Open slide detailBeat · ActionLoop · Cost Of Inaction
26
Includes footnotes explaining allocation methodology and margin calculation.summarize
Open slide detailBeat · ActionLoop · Cost Of Inaction