亿客行 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromtoCommission File Number: 001-37429 EXPEDIA GROUP, INC. (Exact name of registrant as specified in its charter) 20-2705720 Delaware (I.R.S. Employer Identification No.) 1111 Expedia Group Way W.Seattle, Washington 98119(Address of principal executive office, including zip code)(206) 481-4252(Registrant’s telephone number, including area code)__________________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has beensubject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒As of April24, 2026, the following shares of the registrant’s common stock were outstanding: Common stock, $0.0001 par value per share Expedia Group, Inc. Form 10-Q For the Quarter Ended March31, 2026 Contents Part IFinancial InformationItem 1Consolidated Financial StatementsConsolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025(unaudited)Consolidated Statements of Comprehensive Income (Loss) for the Three Months Ended March 31,2026 and 2025 (unaudited)Consolidated Balance Sheets as of March 31, 2026 (unaudited) and December 31, 2025Consolidated Statements of Stockholders Equity for the Three Months Ended March 31, 2026 and2025 (unaudited)Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025(unaudited)Notes to Consolidated Financial Statements (unaudited)Item 2Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3Quantitative and Qualitative Disclosures about Market RiskItem 4Controls and ProceduresPart IIOther InformationItem 1Legal ProceedingsItem 1ARisk FactorsItem 2Unregistered Sales of Equity Securities and Use of ProceedsItem 5Other InformationItem 6ExhibitsSignature EXPEDIA GROUP, INC.CONSOLIDATED STATEMENTS OF OPERATIONS(In millions, except share and per share data)(Unaudited) EXPEDIA GROUP, INC.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(In millions) (Unaudited) (1)Currency translation adjustments include tax expense of approximately $4 million for the three months ended March31, 2026 andtax expense of less than $1 million for the three months ended March31, 2025.(2)Net unrealized gains on cash flow hedges include tax expense of approximately $9 million for the three months ended March31,2026. EXPEDIA GROUP, INC.CONSOLIDATED BALANCE SHEETS (In millions, except number of shares, which are reflected in thousands, and par value) EXPEDIA GROUP, INC.CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY(In millions, except share and per share data) (Unaudited) EXPEDIA GROUP, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS(In millions)(Unaudited) Notes to Consolidated Financial Statements March31, 2026 (Unaudited) Note 1 – Basis of Presentation These accompanying financial statements present Expedia Group, Inc.’s results of operations, financial position and cash flows on aconsolidated basis. We refer to Expedia Group, Inc. and its subsidiaries collectively as “Expedia Group,” the “Company,” “us,” “we” and“our” in these consolidated financial statements. The unaudited consolidated financial statements include Expedia Group, Inc., our wholly-owned subsidiaries, and entities we control, or in which we have a variable interest and are the primary beneficiary of expected cash profitsor losses. We record our investments in entities that we do not control, but over which we have the ability to exercise significant influence,