Expedia Group (EXPE) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter was essentially flat compared to the immediately preceding quarter, but increased versus the same quarter one year earlier. The company's trailing twelve-month revenue also reflected overall growth.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter was essentially flat compared to the immediately preceding quarter, but increased versus the same quarter one year earlier. The company's trailing twelve-month revenue also reflected overall growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.9B
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $3.4B | +5.6% |
| Sep 30, 2023 | $3.9B | +8.6% |
| Dec 31, 2023 | $2.9B | +10.3% |
| Mar 31, 2024 | $2.9B | +8.4% |
Revenue performance
Revenue increased compared to the same quarter in the prior year, while remaining nearly unchanged from the previous quarter. The sequential stability and year-over-year growth are the key directional observations.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was virtually unchanged. Relative to the same quarter one year earlier, revenue was higher, continuing the upward trajectory seen in recent periods.
What to watch
Credit rating agencies have assigned stable or positive outlooks to the company's debt, as noted in the filing's liquidity discussion.