Earnings Per Share

6 Months Ended

Jun. 30, 2025

The following table represents our basic and diluted earnings per share:


	Three months ended June 30,				Six months ended June 30,
	2025		2024		2025		2024
	(In millions, except share and per share data)
Net income attributable to Expedia Group, Inc.	$	330	$	386	$	130	$	251



Earnings per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	2.61	$	2.92	$	1.02	$	1.88
Diluted	2.48		2.80		0.96		1.79
Weighted average number of shares outstanding (000's):
Basic	126,453		131,948		127,541		133,724
Dilutive effect of:
Convertible Notes	3,933		3,921		3,928		3,921
Stock-based awards	2,423		1,963		2,827		2,486
Diluted	132,809		137,832		134,296		140,131

Basic earnings per share is calculated using our weighted-average outstanding common shares. The earnings per share amounts are the same for common stock and Class B common stock because the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation.

Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards and common stock warrants as determined under the treasury stock method and of our Convertible Notes using the if-converted method. In periods when we recognize a net loss, we exclude the impact of outstanding stock awards and the potential share settlement impact related to our Convertible Notes from the diluted loss per share calculation as their inclusion would have an antidilutive effect. For the three and six months ended June 30, 2025, approximately 1 million of outstanding stock awards have been excluded from the calculations of diluted earnings per share attributable to common

stockholders because their effect would have been antidilutive. For the three and six months ended June 30, 2024, approximately 7 million of outstanding stock awards were excluded.