Expedia Raises Full-Year Bookings Guidance Again

Expedia Group raised its full-year 2026 gross bookings guidance to $131.4-$131.9 billion, up from the $129.5-$130.8 billion range it had given after the second quarter. The increase follows a Q3 that beat the company's own guidance, with gross bookings up 11% year-over-year to $34 billion and revenue up 12% to $4.94 billion. Expedia ($EXPE) also lifted its targeted adjusted EBITDA margin expansion for the year to 1.8-2.0 percentage points, from 1.5-1.75 points previously.