Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

The following tables present our segment information for the three months ended March 31, 2021 and 2020. As a significant portion of our property and equipment is not allocated to our operating segments and depreciation is not included in our segment measure, we do not report the assets by segment as it would not be meaningful. We do not regularly provide such information to our chief operating decision makers.


	Three months ended March 31, 2021
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	1,025	$	184	$	37	$	—	$	1,246
Intersegment revenue	—		—		9		(9)		—
Revenue	$	1,025	$	184	$	46	$	(9)	$	1,246
Adjusted EBITDA	$	94	$	(60)	$	(4)	$	(88)	$	(58)
Depreciation	(133)		(28)		(3)		(18)		(182)
Amortization of intangible assets	—		—		—		(27)		(27)
Stock-based compensation	—		—		—		(83)		(83)
Legal reserves, occupancy tax and other	—		—		—		1		1
Restructuring and related reorganization charges	—		—		—		(29)		(29)
Realized (gain) loss on revenue hedges	9		—		—		—		9
Operating loss	$	(30)	$	(88)	$	(7)	$	(244)	(369)
Other expense, net									(381)
Loss before income taxes									(750)
Provision for income taxes									169
Net loss									(581)
Net loss attributable to non-controlling interests									3
Net loss attributable to Expedia Group, Inc.									(578)
Preferred stock dividend									(28)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(606)


	Three months ended March 31, 2020
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	1,582	$	485	$	103	$	39	$	2,209
Intersegment revenue	—		—		51		(51)		—
Revenue	$	1,582	$	485	$	154	$	(12)	$	2,209
Adjusted EBITDA	$	22	$	26	$	(1)	$	(123)	$	(76)
Depreciation	(128)		(32)		(3)		(22)		(185)
Amortization of intangible assets	—		—		—		(44)		(44)
Impairment of goodwill	—		—		—		(765)		(765)
Impairment of intangible assets	—		—		—		(121)		(121)
Stock-based compensation	—		—		—		(55)		(55)
Legal reserves, occupancy tax and other	—		—		—		21		21
Restructuring and related reorganization charges	—		—		—		(75)		(75)
Realized (gain) loss on revenue hedges	9		(3)		—		—		6
Operating income (loss)	$	(97)	$	(9)	$	(4)	$	(1,184)	(1,294)
Other expense, net									(185)
Income before income taxes									(1,479)
Provision for income taxes									82
Net income									(1,397)
Net loss attributable to non-controlling interests									96
Net income attributable to Expedia Group, Inc.									$	(1,301)

Schedule of Revenue by Services

The following table presents revenue by business model and service type:


	Three months ended March 31,
	2021		2020
	(in millions)
Business Model:
Merchant	$	796	$	1,340
Agency	323		562
Advertising, media and other	127		307
Total revenue	$	1,246	$	2,209
Service Type:
Lodging	$	903	$	1,542
Air	50		109
Advertising and media	88		203
Other(1)	205		355
Total revenue	$	1,246	$	2,209

(1)Other includes car rental, insurance, destination services, cruise and fee revenue related to our corporate travel business, among other revenue streams, none of which are individually material. Other also includes product revenue of $39 million during the three months ended March 30, 2020 related to Bodybuilding.com, which was sold in May 2020.