Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Operating Segment Information

The following tables present our segment information for the three and six months ended June 30, 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 June 30, 2021
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	1,715	$	305	$	91	$	—	$	2,111
Intersegment revenue	—		—		24		(24)		—
Revenue	$	1,715	$	305	$	115	$	(24)	$	2,111
Adjusted EBITDA	$	303	$	(8)	$	5	$	(99)	$	201
Depreciation	(133)		(26)		(2)		(18)		(179)
Amortization of intangible assets	—		—		—		(26)		(26)
Stock-based compensation	—		—		—		(120)		(120)
Legal reserves, occupancy tax and other	—		—		—		8		8
Restructuring and related reorganization charges	—		—		—		(13)		(13)
Realized (gain) loss on revenue hedges	(3)		—		—		—		(3)
Operating income (loss)	$	167	$	(34)	$	3	$	(268)	(132)
Other expense, net									(92)
Loss before income taxes									(224)
Provision for income taxes									47
Net loss									(177)
Net loss attributable to non-controlling interests									5
Net loss attributable to Expedia Group, Inc.									(172)
Preferred stock dividend									(22)
Loss on redemption of preferred stock									(107)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(301)


	Three months ended June 30, 2020
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	463		68		15		20		$	566
Intersegment revenue	—		—		3		(3)		—
Revenue	$	463	$	68	$	18	$	17	$	566
Adjusted EBITDA	(203)		(128)		(16)		(89)		$	(436)
Depreciation	(136)		(34)		(3)		(18)		(191)
Amortization of intangible assets	—		—		—		(41)		(41)
Impairment of goodwill	—		—		—		(20)		(20)
Impairment of intangible assets	—		—		—		(10)		(10)
Stock-based compensation	—		—		—		(54)		(54)
Legal reserves, occupancy tax and other	—		—		—		(8)		(8)
Restructuring and related reorganization charges	—		—		—		(53)		(53)
Realized (gain) loss on revenue hedges	(36)		—		—		—		(36)
Operating loss	$	(375)	$	(162)	$	(19)	$	(293)	(849)
Other expense, net									(104)
Loss before income taxes									(953)
Provision for income taxes									213
Net loss									(740)
Net loss attributable to non-controlling interests									4
Net loss attributable to Expedia Group, Inc.									(736)
Preferred stock dividend									(17)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(753)


	Six months ended June 30, 2021
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	2,740	$	489	$	128	$	—	$	3,357
Intersegment revenue	—		—		33		(33)		—
Revenue	$	2,740	$	489	$	161	$	(33)	$	3,357
Adjusted EBITDA	$	397	$	(68)	$	1	$	(187)	$	143
Depreciation	(266)		(54)		(5)		(36)		(361)
Amortization of intangible assets	—		—		—		(53)		(53)
Stock-based compensation	—		—		—		(203)		(203)
Legal reserves, occupancy tax and other	—		—		—		9		9
Restructuring and related reorganization charges	—		—		—		(42)		(42)
Realized (gain) loss on revenue hedges	6		—		—		—		6
Operating loss	$	137	$	(122)	$	(4)	$	(512)	(501)
Other expense, net									(473)
Loss before income taxes									(974)
Provision for income taxes									216
Net loss									(758)
Net loss attributable to non-controlling interests									8
Net loss attributable to Expedia Group, Inc.									$	(750)
Preferred stock dividend									(50)
Loss on redemption of preferred stock									(107)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(907)


	Six months ended June 30, 2020
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	2,045		553		118		59		$	2,775
Intersegment revenue	—		—		54		(54)		—
Revenue	$	2,045	$	553	$	172	$	5	$	2,775
Adjusted EBITDA	(181)		(102)		(17)		(212)		$	(512)
Depreciation	(264)		(66)		(6)		(40)		(376)
Amortization of intangible assets	—		—		—		(85)		(85)
Impairment of goodwill	—		—		—		(785)		(785)
Impairment of intangible assets	—		—		—		(131)		(131)
Stock-based compensation	—		—		—		(109)		(109)
Legal reserves, occupancy tax and other	—		—		—		13		13
Restructuring and related reorganization charges	—		—		—		(128)		(128)
Realized (gain) loss on revenue hedges	(27)		(3)		—		—		(30)
Operating loss	$	(472)	$	(171)	$	(23)	$	(1,477)	(2,143)
Other expense, net									(289)
Loss before income taxes									(2,432)
Provision for income taxes									295
Net loss									(2,137)
Net loss attributable to non-controlling interests									100
Net loss attributable to Expedia Group, Inc.									(2,037)
Preferred stock dividend									(17)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(2,054)

Schedule of Revenue by Services

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


	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
	(in millions)
Business Model:
Merchant	$	1,338	$	368	$	2,134	$	1,708
Agency	573		105		896		667
Advertising, media and other	200		93		327		400
Total revenue	$	2,111	$	566	$	3,357	$	2,775
Service Type:
Lodging	$	1,533	$	487	$	2,436	$	2,029
Air	78		(70)		128		39
Advertising and media	161		25		249		228
Other(1)	339		124		544		479
Total revenue	$	2,111	$	566	$	3,357	$	2,775

(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 $20 million and $59 million during the three and six months ended June 30, 2020 related to Bodybuilding.com, which was sold in May 2020.