EXPE reaffirms full-year EBITDA margin expansion of 100-125 bps after Q1 bookings rose 13% and revenue climbed 15%.
Expedia Group projected second-quarter gross bookings growth of 7% to 9% while maintaining its full-year EBITDA margin expansion target of 100 to 125 basis points. The outlook follows a strong first quarter where bookings increased 13% and revenue rose 15% year-over-year.
In Q1 2026, the company reported nearly 6 percentage points of EBITDA margin expansion, driven by momentum from late 2025. March saw volatility linked to geopolitical conflict, but management noted sustained demand trends through February.
The guidance aligns with prior expectations and reflects confidence in continued margin improvement despite macroeconomic uncertainties.