Why Is Expedia Stock Up Today?

Expedia shares are holding a gain today after the online travel booking company reported second-quarter 2026 earnings of $5.76 per share on August 5, 2026, against a $5.23 estimate, on revenue of $4.32 billion versus $4.17 billion expected — Expedia's sixth consecutive quarterly earnings beat. Gross bookings grew 12% year over year and revenue grew 14%, with the B2B segment, which licenses Expedia's booking technology to other travel platforms, growing 23% year over year and outpacing the consumer-facing business. The company raised full-year 2026 revenue guidance to $16.05 billion-$16.22 billion.

A company with six straight beats enters each report against a market that has already adjusted its expectations upward, which is why a real beat from a serial beater often produces a more contained reaction than the same-sized surprise would from a company reporting its first beat in years. For the full breakdown, see our dated report on the results.