Expedia Group, Inc.

Filing receipts

“For the three months ended March 31, 2026, compared to the same period in 2025, interest expense increased primarily due to the amortization of the debt discount related to our Convertible Notes that matured in February 2026 as discussed in Note 4 – Debt in the notes to the consolidated financial statements.”

“The change was primarily due to net sales and maturities of investments in the current year compared to net purchases of investments in the prior year as well as cash used in acquisitions in the current year.”

“In addition to the above segment and product revenue discussion, our revenue by business model is as follows: Three months ended March 31, 2026 2025 % Change ($ in millions) Revenue by Business Model Merchant $ 2,401 $ 2,046 17 % Agency 675 652 4 % Advertising, media and other 350 290 21 % Total revenue $ 3,426 $ 2,988 15 % The increase in merchant revenue for the three months ended March 31, 2026, compared to the same period in 2025, was primarily due to an increase in merchant lodging revenue.”