Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Loading
Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Deepak Mathivanan | Cantor Fitzgerald | 10 questions · 0% challenging |
| Naved Khan | B. Riley Securities | 9 questions · 0% challenging |
| Justin Post | Bank of America | 8 questions · 0% challenging |
| Jed Kelly | Oppenheimer | 8 questions · 13% challenging |
| Conor Cunningham | Melius Research | 8 questions · 0% challenging |
| Lee Horowitz | Deutsche Bank | 6 questions · 17% challenging |
| Eric Sheridan | Goldman Sachs | 6 questions · 0% challenging |
| Mark Mahaney | Evercore ISI | 5 questions · 0% challenging |
| Ken Gawrelski | Wells Fargo | 4 questions · 0% challenging |
| Kevin Kopelman | TD Cowen | 4 questions · 0% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Cantor Fitzgerald | 1 analyst | 10 questions · 0% challenging |
| B. Riley Securities | 1 analyst | 9 questions · 0% challenging |
| Melius Research | 1 analyst | 8 questions · 0% challenging |
| Oppenheimer | 1 analyst | 8 questions · 13% challenging |
| Bank of America | 1 analyst | 8 questions · 0% challenging |
| Goldman Sachs | 1 analyst | 6 questions · 0% challenging |
| TD Cowen | 2 analysts | 6 questions · 0% challenging |
| Deutsche Bank | 1 analyst | 6 questions · 17% challenging |
Expedia delivered Q1 2026 revenue growing 15% to $3.4B with adjusted EPS growing approximately 4x to $1.96, as consumer brands posted their strongest growth in 8 years and B$2B bookings grew 22%. Record Q1 EBITDA margin expanded 6 points, with AI driving marketing efficiency and new channel growth. Geopolitical disruptions reduced growth by an estimated 2 points, and full-year guidance was reiterated at 6-8% bookings growth and 6-9% revenue growth.
Competitive Dynamics | Demand | Margin | Revenue Growth | Cloud & AI | Innovation & R&D | Geographic Expansion | Macroeconomic | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 4 | 3 | 3 | 3 | 1 | 2 | 2 | |
| 2025Q1 | 5 | 7 | 3 | 1 | 1 | 1 | 1 | 4 |
| 2025Q2 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | |
| 2025Q3 | 7 | 2 | 4 | 2 | 2 | 1 | 2 | |
| 2025Q4 | 5 | 3 | 3 | 4 | 2 | |||
| 2026Q1 | 8 | 10 | 1 | 4 | 3 | 3 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Competitive Dynamics | 4 | 5 | 7 | 7 | 5 | 8 |
| Demand | 3 | 7 | 3 | 2 | 10 | |
| Margin | 3 | 3 | 3 | 4 | 3 | 1 |
| Revenue Growth | 3 | 1 | 2 | 2 | 3 | 4 |
| Cloud & AI | 1 | 1 | 2 | 2 | 4 | 3 |
| Innovation & R&D | 2 | 1 | 2 | 1 | 2 | |
| Geographic Expansion | 2 | 1 | 2 | 2 | ||
| Macroeconomic | 4 | 3 |
What EXPE and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“We're very happy to have a relationship with Expedia. Their inventory is second to none. So now we've got 700,000 hotels available on Uber as we speak.”
Uber's new hotel-booking feature runs on Expedia's inventory (700,000 hotels), a positive signal for Expedia's supply-distribution reach.
“We've heard the big hotels try to talk up their own native apps. But it feels like we're going towards a very similar place. I think Hilton alluded to this”
An analyst cited Hilton talking up its own native app, framing the big hotel chains' direct-booking push against Expedia's OTA model.
“So with each of these AI channels, whether it's Gemini, whether it's ChatGPT, Claude, it's about making sure that our brands show up well there”
Expedia counts Google's Gemini among the AI channels where it works to surface its travel brands and capture indirect traffic.
“We're now integrated and live with Claude.”
Expedia is now integrated and live with Anthropic's Claude as an AI discovery channel for its travel brands.
“And in February, we went live with ChatGPT ads.”
Expedia went live with ChatGPT ads in February as it experiments with OpenAI-driven distribution channels; management later noted OpenAI's pullback from checkout.
“We announced an exclusive partnership with Bank of Montreal AIR MILES”
Expedia announced an exclusive B2B travel partnership with Bank of Montreal's AIR MILES loyalty program.
“just last week became the exclusive hotel partner for Uber. Uber will also be in our Expedia app, making travelers' trips more seamless.”
Expedia became the exclusive hotel partner powering Uber's hotel bookings, with Uber also integrated into the Expedia app, expanding Expedia's B2B reach.
No 8-K events recorded for this window.
Calendar quarter Q1 2026Earnings call May 7, 2026
FY2026 Q1 in brief
Expedia delivered Q1 2026 revenue growing 15% to $3.4B with adjusted EPS growing approximately 4x to $1.96, as consumer brands posted their strongest growth in 8 years and B$2B bookings grew 22%.
Newest quarter FY2026 Q2 is part of Pro · see what Pro adds →
Sources. Tellvest earnings-call sentiment score for Expedia Group (EXPE), FY2026 Q1: 7/10. Scores: Expedia Group’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: EXPE daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
The table scrolls sideways. Swipe it, or select it and use the arrow keys.
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $3.18B | +10.3% | $2.20 | +141.8% | 6.8% | 9.4% | $7M |
| FY2025 Q1 | $2.99B | +3.4% | $-1.56 | -56.0% | -1.5% | -6.7% | $2.76B |
| FY2025 Q2 | $3.79B | +6.4% | $2.48 | -11.4% | 14.0% | 8.7% | $921M |
| FY2025 Q3 | $4.41B | +8.7% | $7.33 | +45.4% | 25.6% | 21.7% | $-101M |
| FY2025 Q4 | $3.55B | +11.4% | $1.60 | -27.3% | 15.4% | 5.8% | $119M |
| FY2026 Q1Selected | $3.43B | +14.7% | $-0.05 | +96.8% | 7.1% | -0.2% | $3.75B |
| FY2026 Q2 | $4.32B | +14.0% | $7.16 | +188.7% | 23.9% | 20.3% | $5.03B |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
GAAP revenue YoY +14.7% → base 7. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
EXPE Expedia Group | 7 | +14.7% | |
| ABNB Airbnb | 9 | +17.9% | |
| BKNG Booking Holdings | 7 | +16.2% | |
| NCLH Norwegian Cruise Line Holdings | 6 | +9.6% | |
| RCL Royal Caribbean Group | 6 | +11.3% |