🔹 Revenue: $4.41B (Est. $4.28B) 🟢; UP +9% YoY
🔹 Adj EPS: $7.57 (Est. $6.98) 🟢; UP +23% YoY
🔹 Adj. EBITDA: $1.45B (Est. $1.35B) 🟢; UP +16% YoY
🔹 Booked Room Nights: 108.2M; UP +11% YoY
🔹 Gross Bookings: $30.7B; UP +12% YoY
Guidance
🔹 Q4’25 Gross Bookings: UP +6% to +8% YoY
🔹 Q4’25 Revenue: UP +6% to +8% YoY
🔹 FY’25 Revenue: UP +6% to +7% (Prior: +3% to +5%)
Other Metrics
🔹 B2B Gross Bookings: UP +26% YoY
🔹 B2C Gross Bookings: UP +7% YoY
🔹 Lodging Gross Bookings: UP +13% YoY; Hotel Bookings: UP +15% YoY
🔹 Share Repurchases: $451M in Q3 (≈2.3M shares)
🔹 Dividend: $0.40/share declared Nov 6, 2025 (paid Sep 18; next payable Dec 11, 2025)
Management Commentary
🔸 “Our strong third quarter results exceeded both our top and bottom-line expectations… we delivered our 17th consecutive quarter of double-digit growth in B2B—up 26%—and grew consumer bookings by 7%.” – CEO Ariane Gorin