Expedia Group Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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FY2023 · Filed Feb 9, 2024
EXPE$259.16-0.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations F-
CONSOLIDATED STATEMENTS OF OPERATIONS
| Year ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (In millions, except for per share data) | |||
| Revenue | $12,839 | $11,667 | $8,598 |
| Costs and expenses: | |||
| Cost of revenue (exclusive of depreciation and amortization shown separately below) (1) | 1,573 | 1,657 | 1,522 |
| Selling and marketing - direct | 6,107 | 5,428 | 3,499 |
| Selling and marketing - indirect (1) | 756 | 672 | 722 |
| Technology and content (1) | 1,358 | 1,181 | 1,074 |
| General and administrative (1) | 771 | 748 | 705 |
| Depreciation and amortization | 807 | 792 | 814 |
| Impairment of goodwill | 297 | — | 14 |
| Intangible and other long-term asset impairment | 129 | 81 | 6 |
| Legal reserves, occupancy tax and other | 8 | 23 | 1 |
| Restructuring and related reorganization charges | — | — | 55 |
| Operating income | 1,033 | 1,085 | 186 |
| Other income (expense): | |||
| Interest income | 207 | 60 | 9 |
| Interest expense | (245) | (277) | (351) |
| Gain (loss) on debt extinguishment, net | — | 49 | (280) |
| Gain on sale of business, net | 25 | 6 | 456 |
| Other, net | (2) | (385) | (58) |
| Total other expense, net | (15) | (547) | (224) |
| Income (loss) before income taxes | 1,018 | 538 | (38) |
| Provision for income taxes | (330) | (195) | 53 |
| Net income | 688 | 343 | 15 |
| Net (income) loss attributable to non-controlling interests | 109 | 9 | (3) |
| Net income attributable to Expedia Group, Inc. | 797 | 352 | 12 |
| Preferred stock dividend | — | — | (67) |
| Loss on redemption of preferred stock | — | — | (214) |
| Net income (loss) attributable to Expedia Group, Inc. common stockholders | $797 | $352 | $(269) |
| Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders: | |||
| Basic | $5.50 | $2.24 | $(1.80) |
| Diluted | 5.31 | 2.17 | (1.80) |
| Shares used in computing earnings (loss) per share (000's): | |||
| Basic | 144,967 | 156,672 | 149,734 |
| Diluted | 150,228 | 161,751 | 149,734 |
| (1) Includes stock-based compensation as follows: | |||
|---|---|---|---|
| Cost of revenue | $14 | $14 | $22 |
| Selling and marketing | 79 | 67 | 96 |
| Technology and content | 138 | 111 | 117 |
| General and administrative | 182 | 182 | 183 |
F- 4
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