- Lodging gross bookings at $19.2 billion and revenue at $3.4 billion were at record levels for any second quarter.
- Significant earnings growth with net income of $385 million, compared to a net loss of $185 million in 2022, with approximately 1,730 basis points of margin expansion. Adjusted net income was $428 million, an increase of 38%, compared to 2022.
- Record second quarter Adjusted EBITDA was $747 million, an increase of 15% with 190 basis points of margin expansion, compared to 2022.
- B2B revenue at $861 million was a record and was an increase of 32%, compared to 2022.
- For the first half of 2023, net cash from operating activities was $4.3 billion and free cash flow was $3.8 billion.
- Repurchased approximately 12 million shares for a record $1.2 billion year-to-date.
https://www.businesswire.com/news/home/20230802446058/en/Expedia-Group-Reports-Second-Quarter-2023-Results
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