亿客行Expedia Group Inc (EXPE) 2025年第三季度财务业绩演示报告「NASDAQ」（英文版）（29页）.pdf

1、Q3 2025 EarningsN O V E M B E R 2 0 2 5P R O P R I E T A R Y&C O N F I D E N T I A L2Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995This presentation contains forward-looking statements about Expedia Groups financial performance,operating results,and guidance,which m

2、ay include,but are not limited to,statements relating to future gross bookings;revenues;expenses;margins and margin expansion,including EBITDA margin expansion;profitability;net income(loss);earnings per share;and other measures of results of operations and the prospects for future growth of Expedia

3、 Groups business.These forward-looking statements are based on assumptions that are inherently subject to uncertainties,risks and changes in circumstances that are difficult to predict.Actual results may differ materially from the results predicted and reported results should not be considered as an

4、 indication of future performance.The potential risks and uncertainties that could cause actual results to differ from the results predicted include,among others:intense competition from online travel agencies,suppliers,search engines,and emerging AI-powered platforms;declines or disruptions in the

5、travel industry from economic conditions,geopolitical events,or public health issues;dependence on relationships with travel suppliers and other B2B partners;liquidity constraints and limited access to capital markets;substantial indebtedness and covenant restrictions;dependence on search engines an

6、d changes to search algorithms or traffic acquisition costs;costs of maintaining brand awareness and marketing effectiveness;payment processing risks,fraud,and third-party payment provider dependencies;reliance on third-party business partners and service providers;challenges in international operat