Earnings Per Share

9 Months Ended

Sep. 30, 2025

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


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
	(In millions, except share and per share data)
Net income attributable to Expedia Group, Inc.	$	959	$	684	$	1,089	$	935



Earnings per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	7.76	$	5.28	$	8.63	$	7.07
Diluted	7.33		5.04		8.18		6.75
Weighted average number of shares outstanding (000's):
Basic	123,699		129,758		126,246		132,393
Dilutive effect of:
Convertible Notes	3,942		3,921		3,933		3,921
Stock-based awards	3,373		2,053		3,009		2,341
Diluted	131,014		135,732		133,188		138,655

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 nine months ended September 30, 2025, less than 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 nine months ended September 30, 2024, approximately 3 million of outstanding stock awards were excluded.